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Samsung is the second most valuable brand in the world

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Last updated: March 6th, 2015 at 17:12 UTC+01:00

It would be an understatement to say that Samsung is a big company, because it happens to be a massive company, electronics and mobile devices just happen to be part of the company's business that's widely popular. Samsung is actually South Korea's biggest business group and according to the latest data revealed this week its brand value is the second highest among tech companies in the world. The data includes numbers from Samsung Electronics which is undoubtedly one of the most popular divisions of the company.

Apple clinched the top spot with a global brand value of $128 billion. Samsung came in second with $81.7 billion, this according to the “Global 500 2015” report from market research firm Brand Finance. The report puts Google, Microsoft and Verizon at third, fourth and fifth with global brand values of $76.6 billion, $67 billion and $59.8 billion respectively. Eight out of the ten global brands were based in America. Samsung was the only one from South Korea and China Mobile was the only company representing the People's Republic in ninth place with a global brand value of $47.9 billion.

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