Samsung Electronics Named among World's 50 Most Admired Companies

Samsung Electronics has regained a spot in Fortune's list of the world’s 50 most admired companies.

Samsung Electronics ranked 50th in the list of "World's Most Admired Companies 2019" announced recently by Fortune, a leading U.S. economic magazine. The Korean electronics giant shared the spot with Exxon Mobil by receiving 7.15 points.

The survey was conducted on 680 companies in 52 industries in 30 countries including the United States.

Fortune asked a total of 3,750 corporate executives and analysts to select their 10 most admired firms in terms of nine evaluation criteria -- innovation, personnel management, asset utilization, social responsibility, quality control, financial soundness, long-term investment value, product and service quality, and global competitiveness. The business magazine ranked companies based on the points they earned from the survey participants.

Apple came in first with 8.40 points, retaining the top spot for 12 consecutive years. The U.S. smartphone giant earned the highest scores in all of the nine categories. The top 10 were swept by American companies including Amazon, Berkshire Hathaway, Walt Disney, Starbucks, Microsoft, Alphabet, Netflix, JP Morgan Chase and Fedex.

Among Asian companies, Singapore Airlines sat highest at 18th place, followed by Japan's Toyota (30th), China's Alibaba Group (34th) and Samsung Electronics.

Samsung Electronics was named among the world’s most admired companies for the first time in 2005 when it placed 39th. It had since remained high in the list, ranking 27th in 2006 and 34th in 2007. It rose to 21st place in 2014, but failed to break into the top 50 in 2017 and last year for the second consecutive year.