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...this attention has prompted Eric Kim, 47, Samsung's savvy Korean-American marketing chief, to boldly suggest that he hopes to surpass Sony in brand recognition by 2005. Don't laugh; Sony CEO Nobuyuki Idei certainly isn't laughing. Samsung has the second most recognizable consumer-electronics brand in the world, according to Interbrand, the New York City-based consultancy. Idei has said privately that Samsung is on the verge of overtaking Sony in the consumer-products race. Graeme Bateman, head of research in Seoul for Japanese investment bank Nomura Securities, says Samsung is "no longer making poor equivalents...

Author: /time Magazine | Title: Samsung Moves Upmarket | 3/25/2002 | See Source »

...started selling the I300, a Palm-based PDA with a built-in wireless phone. Although there are plenty of combo PDA phones on the market, none have sold as well or enjoyed as much acclaim. "People pull these out at meetings to show off, which makes them a walking brand advertisement," says Peter Skarzynski, an STA vice president. "That's what Sony's Walkman did for them." And that's what Samsung's products and a big advertising investment are doing for it. Last year its global brand recognition grew a stunning...

Author: /time Magazine | Title: Samsung Moves Upmarket | 3/25/2002 | See Source »

Emerging into painful consciousness the next afternoon, I decide to salve my pounding head with a shopping spree (and half a bottle of aspirin). I skip the overpriced stores of Shangxiajiu and go to Dongshan district for cheap, brand-name Western garments. I then proceed to go mad, spending $106 on clothes, including a $7 leather "Gucci" wallet the clerk assures me was made in Italy?which must be what they're calling Shenzhen...

Author: /time Magazine | Title: South China's Happening Heart | 3/25/2002 | See Source »

...this attention has prompted Eric Kim, 47, Samsung's savvy Korean-American marketing chief, to boldly suggest that he hopes to surpass Sony in brand recognition by 2005. Don't laugh; Sony CEO Nobuyuki Idei certainly isn't laughing. Samsung has the second most recognizable consumer-electronics brand in the world, according to Interbrand, the New York City?based consultancy. Idei has said privately that Samsung is on the verge of overtaking Sony in the consumer-products race. Graeme Bateman, head of research in Seoul for Japanese investment bank Nomura Securities, says Samsung is "no longer making poor equivalents...

Author: /time Magazine | Title: Samsung Moves Upmarket | 3/25/2002 | See Source »

...started selling the I300, a Palm-based PDA with a built-in wireless phone. Although there are plenty of combo PDA phones on the market, none have sold as well or enjoyed as much acclaim. "People pull these out at meetings to show off, which makes them a walking brand advertisement," says Peter Skarzynski, an STA vice president. "That's what Sony's Walkman did for them." And that's what Samsung's products and a big advertising investment are doing for it. Last year its global brand recognition grew a stunning...

Author: /time Magazine | Title: Samsung Moves Upmarket | 3/25/2002 | See Source »

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