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Samsung Electronics' 2018 Forbes Global 2000 ranking up one notch to 14

All News 09:08 June 10, 2018

SEOUL, June 10 (Yonhap) -- Samsung Electronics Co. moved up one notch to 14th place in this year's Global 2000 list, the report by Forbes showed Sunday.

The latest findings of the largest publicly traded companies revealed the world's largest producer of computer chips and smartphones trailing only Apple Inc. among information technology companies and was the only South Korean business to make the top 100 list.

The Cupertino, California-based Apple stood at eighth place this year, with the Industrial and Commercial Bank of China Ltd. coming in at the top of the pile among companies from 60 countries. Samsung outpaced such IT giants as Microsoft Corp., Intel Corp. and Facebook in the report that checks sales, profits, assets and overall market value.

Samsung Electronics stood at 11th place in terms of sales, fourth in profits, 114th in assets and 12th in market value this year.

The company placed 22nd in 2014 rose to 18th in the following year and moved up to 15th in 2017.

The latest Global 2000 showed Toyota Motor Corp. ranking 12th, the highest among non-Chinese Asian companies, with the top 10 being dominated by Chinese and U.S. financial firms, such as China Construction Bank and JP Morgan Chase & Co.

Besides Samsung Electronics, Hyundai Motor Co. and SK hynix ranked 147th and 200th in the report, respectively, with such firms as KB Financial, POSCO, Shinhan Financial, SK Innovation Co, Hana Financial, KEPCO, Samsung Life Insurance, LG Electronics and Hyundai Mobis all making the 2000 list.

This captured image shows Samsung Electronics at 14th place among the 2018 world's largest public companies report by Forbes. (Yonhap)


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