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Samsung Electronics Soars to Fifth Place in Global Brand Rankings

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A recent analysis by international brand consultant Interbrand places Samsung Electronics’ brand worth fifth among the world’s top firms for 2023. Samsung’s brand value increased to $91.4 billion and climbed by 4% annually, according to Interbrand’s annual ranking of the “Best Global Brands.” Among the top 20 brands, Samsung was the only South Korean company.

The business made it to the top five of the Interbrand list for the fourth year in a row. Interbrand claims that, among other things, Samsung Electronics‘ comprehensive product line and SmartThings platform, continuous company-wide improvements to the customer experience, and leadership position in cutting-edge technologies have all contributed to the company’s favorable evaluation.

Samsung to Expand Semiconductor Chip Manufacturing in the United States

Within the semiconductor business, the company gained recognition for pioneering breakthroughs like 12nm-class DDR5 DRAM and for actively pursuing the most promising sectors, including artificial intelligence, automotive, and cutting-edge mobile devices. Partnerships also had a big impact on Samsung’s brand value over the previous year. As part of its efforts to integrate a wider range of third-party devices with the SmartThings platform, Samsung has announced that it is fortifying its open alliances even more.

Factors that had a favorable impact on Samsung Electronics’ evaluation, as claimed by Interbands:

  • Improve the customer experience consistently throughout the whole organization using the “One Samsung” approach.
  • The company’s extensive product line and SmartThings, which provide improved gaming experiences and a higher degree of connection,
  • The company’s position as a pioneer in cutting-edge upcoming technologies, including virtual reality (VR), augmented reality (AR), artificial intelligence (AI), and 6G,
  • Consistent efforts to improve ESG leadership by incorporating eco-friendly practices throughout all product categories

Contributing factors for each division of Samsung:

  1. Mobile Division:
  • Based on user feedback, the Galaxy S23 series’ camera innovation
  • Launching the “Join the Flip Side” initiative and continuing to be the market leader for foldable phones
  • Enhancing its standing in the gaming sector by collaborating with top gaming partners to maximize the gaming experience on Galaxy smartphones.
  • Steadily improving the use of its goods and services, such as the Galaxy Buds’ “Ambient Sound” function
  • To encourage the Galaxy community and inform them of methods to support the Global Goals, download the Samsung Global Goals app.
  1. Semiconductor Division:
  • Establishing market leadership and delivering breakthroughs that set the standard for the industry, such as 12nm-class DDR5 DRAM
  • Bolstering alliances in rapidly expanding industries like AI and automotive
  • Extending the use of Exynos in wearables and 5G
  • Boosting trust in premium smartphones from big manufacturers using ISOCELL sensors
  • Continually enhancing communications about ESG
  1. Display Division:
  • Securing leadership in the worldwide industry by consistently developing new products, such as Neo QLED 8K and Micro LED
  • Securing collaborations with top worldwide game streaming providers and releasing cutting-edge devices like the Odyssey Ark and Samsung Gaming Hub to bolster its position in the gaming industry
  • RNIB (Royal National Institute for Blind People) and Relumino Mode cooperate to improve accessibility.
  1. SmartHome devices:
  • Continuing to dominate the world in important areas of household appliances, such as refrigerators and washers
  • Using consumer information to improve the user experience over the product life cycle
  • Bespoke goods, the CES Innovation Award, the iF Design Award, and more are ushering in a new era for home appliances.
  1. Network Technology:
  • Leading the way in 5G innovation with technological innovations like Open RAN and 5G Virtualized Radio Access Network (vRAN)
  • Securing solid alliances with international Tier 1 telecom providers to bolster its position in the 5G market


YH Lee, President of the Global Marketing Office at Samsung Electronics, said, “Thanks to the support of our customers around the world, Samsung Electronics’ brand value has continued to grow steadily, despite an overall challenging business environment. We will always strive to be a brand that is loved by our customers through leading in technological innovation, enabling meaningful experiences, and continuing our sustainability efforts.”


Aastha is a Author of Samlover.com. With a degree in Engineering with IT, Aastha is deeply immersed in the realm of technology. Specializing in Android and Hardware. She is Passionate about technology at the service of digital entertainment that can be used through any platform. Music, movies and video games have always taken up a good part of his free time, but he doesn't give up outdoor activities, from simple walks to cycling and skiing. He has been producing editorial content for SamLover since 2022 and has run a computer and telephony store for 3 decades.

Firmware

Samsung Galaxy S21 series is receiving June 2024 security update in Europe 

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We are in the middle of the month, and Samsung is rolling out this month’s June 2024 security patch for Galaxy S21 smartphones in the European market. 

Samsung Galaxy S21 series, which includes three models – Galaxy S21, Galaxy S21+, and Galaxy S21 Ultra, is receiving a new June 2024 security patch in Europe. The brand has already rolled out this update for the Galaxy S21 smartphone in the US on the Verizon network. The update for the European market has arrived with its specific firmware version, as mentioned here – 

  • Galaxy S21 – G991BXXSBGXED
  • Galaxy S21+ – G996BXXSBGXED
  • Galaxy S21 Ultra – G998BXXSBGXED

Samsung’s June 2024 security update fixed all the bugs and known issues that were housed in the previous version and were creating some inconvenience while performing a few functions. Since all the bugs were fixed with the update, it will surely enhance the overall system software. 

The June 2024 security patch fixes 59 security vulnerabilities to upgrade the security and privacy of the device. It also boosts the overall system performance, security, reliability, and stability of the device to deliver a seamless and flawless performance. 

The Galaxy S21 users currently receding in Europe are eligible to download the update. Interested users can easily download the update by just following simple steps – Go to Settings >> Software Update >> Download and install.   

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Firmware

Samsung released June 2024 security patch for Galaxy Fold 5, Flip 5, Fold 4, Flip 4, Fold 3 & Flip 3 

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The Korean brand Samsung is releasing a June 2024 security patch for several Galaxy foldable devices. 

A bunch of Galaxy foldable devices include Galaxy Z Fold 5, Galaxy Z Flip 5, Galaxy Z Fold 4, Galaxy Z Flip 4, Galaxy Z Fold 3, and Galaxy Z Flip 3. All of these devices are receiving the update in the US on the Verizon network. Each of the devices getting this new update with their identification firmware version as mentioned below –

  • Galaxy Z Fold 5 – F946USQS3CXE9
  • Galaxy Z Flip 5 – F731USQS3CXE9
  • Galaxy Z Fold 4 – F936USQS5FXF1
  • Galaxy Z Flip 4 – F721USQS5FXF1
  • Galaxy Z Fold 3 – F926USQS6IXF2
  • Galaxy Z Flip 3 – F711USQS7IXF2 

Samsung has already released the June 2024 security patch for several devices. However, this update does not bring any significant upgrades or notable changes; it fixes all the bugs and known issues. The update fixes all the security vulnerabilities, which will enhance the overall security and privacy of these devices. 

The update brings approximately 60 patches to fix multiple vulnerabilities. More particularly, Google has offered 37 patches to be applied to the Android OS. This June 2024 security patch boosts the stability, reliability, and overall system software of the devices mentioned above. 

If you own any of the devices mentioned above, you can easily download this latest security patch in three steps: Go to Settings >> Software Update >> Download and install.

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Samsung Galaxy S24 FE First Look Revealed See Its Emirates Design

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The Korean Electronics firm is now gearing up to introduce a new Fan Edition smartphone, the Galaxy S24 FE. A new report is revealing the first look of the upcoming Galaxy S24 FE via a 5K Renders 360-degree video. 

Samsung is debuting a new fan edition smartphone, the Galaxy S24 FE, the most affordable option in its premium Galaxy S24 series. Before any official announcement, the latest leaked images and video reveal the phone’s detailed design. Let’s take a closer look at the design of the forthcoming smartphone. 

The new report reported the 5K renders and 360-degree video, which reveal the entire design language of the upcoming Galaxy S24 FE smartphone. It has a larger display with a single camera in a hole at the top centre. The volume and power buttons are housed on the right side, and the charging port is, as usual, on the bottom. 


It has a triple camera setup in a vertical line placed on the top left, including a 50MP sensor. However, the exact details about the other two cameras have yet to be revealed. It is slightly thin and has rounded edges, but it is smaller in size than the actual Galaxy S24. It is reported that it will feature a 6.65-inch high-quality AMOLED technology. Reportedly, the brand will power it with an Exynos 2400 chipset. 

The memory package could include up to 12 GB of RAM and 256 GB of internal storage. However, a Snapdragon 8 Gen 3 chipset-powered variant of the upcoming Galaxy S24 FE is also expected for a few markets, including the US. The Samsung Galaxy S24 series is currently the top-of-the-line flagship Android series being sold globally and in India.  

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