Samsung's Galaxy named S. Korea's most valuable brand for 7th year in row
SEOUL, July 2 (Yonhap) -- Samsung Electronics Co.'s smartphone brand Galaxy was selected as South Korea's most valuable brand for the seventh consecutive year, a survey showed Sunday.
The Galaxy phone retained the top spot in the second quarter by getting a brand index reading of 940.98 points, out of a possible 1,000 points, according to the survey by Brandstock, a South Korean market research firm.
Brandstock said it expects Galaxy to continue to prevail in the rankings of local brands.
E-Mart, a discount store chain run by retail giant Shinsegae Co., came in second, followed by Naver, a top Internet portal, said Brandstock.
South Korea's top lender KB Kookmin Bank came in fourth place. KB Kookmin Bank is the flagship of KB Financial Group Inc., a major South Korean banking group.
Brandstock said Raemian, Samsung C&T Corp.'s brand for apartments, nabbed the 33rd spot in the second quarter of this year, up 26 notches from a quarter earlier.
The hike came amid a booming real estate market in recent months. Brandstock said it remains to be seen whether the brand value of Raemian could change, citing government regulations.
The government has announced that it will tighten lending rules on homes in some designated speculative areas to curb real estate speculation.
Meanwhile, Genesis, the luxury sub-brand of Hyundai Motor Co., climbed three notches to take 24th place, the highest among local car brands.
entropy@yna.co.kr
(END)
-
1 BTS wins 6 prizes at 2021 Gaon Chart Music Awards
-
2 Samsung unveils new flagship phone with BTS, viral Korean act
-
3 For veteran idol U-know Yunho, it's all about giving his best
-
4 'Boy With Luv' becomes 2nd BTS music video to hit 1.1 bln views
-
5 Ex-BIGBANG member Seungri additionally indicted for inciting assault
-
1 Samsung unveils new flagship phone with BTS, viral Korean act
-
2 BTS wins 6 prizes at 2021 Gaon Chart Music Awards
-
3 S. Korea's military strength 6th in world, N. Korea at 28th: report
-
4 (News Focus) Anger mounts over deepfake porn targeting Korean female celebs; more than 330,000 sign petition
-
5 Ex-BIGBANG member Seungri additionally indicted for inciting assault
-
1 (LEAD) Seoul moves warship away from Hormuz Strait amid negotiations over seized tanker: source
-
2 Cafes, gyms reopen after gov't eases COVID-19 rules
-
3 New infection cases under 400 for 2nd day; virus curve sliding downhill
-
4 (2nd LD) Samsung heir Lee jailed again, after getting 2 1/2 year prison sentence for bribery
-
5 Moon says S. Korea-U.S. exercise could be discussed with N. Korea if necessary