According to this announcement, the LG brand is valued at approximately 6.5 billion USD and ranked 97th. This result comes from the continuous efforts of the global technology and consumer electronics developer to reposition the brand and increase competitiveness.
Thanks to that, LG brand value recorded a significant growth of 38.7% compared to the same period last year. In which, the role and strength of the brand are highly appreciated.
Last July, LG announced its new vision to become a “Smart Life Solutions Company” to enhance user experiences in a variety of environments, from homes, commercial spaces, in-vehicles, and even virtual spaces. This clear vision has helped its brand value soar from approximately $3.1 billion in 2022 to $6.5 billion in 2024.
“At this historic moment in LG’s business, we are proud to be recognized as one of the 100 best global brands. This is a clear testament to LG’s strong presence and future growth potential,” said William Cho, CEO of LG Electronics.
Previously, LG was also recognized as one of the 100 best global brands for 3 consecutive years from 2005 to 2007.
