Few Asian companies amongst leading in multinational companies

I doubted them slightly (but this is my job, as well) , when I wrote that may be, just may be, they might be a bit too confident. Confidence, or, too much confidence, in business, can lead to complacency and subsequently, to downfalls - just like in real life.

The Asian Wall Street Journal (AWSJ), of all the newspapers, now confirmend or reassured the strength of Samsung.

"Samsung Electronics placed 11th in a multinational corporation ranking by the Asian Wall Street Journal (AWSJ), the electronics maker said Monday.

The electronics heavyweight was the only Korean firm to be included in the top 25 list of the AWSJ 200, which surveys 200 multinational firms worldwide." (methodology to conduct survey was not explained in the article at hand).

Four Japanese companies made it to the ranking as well - those were Toyota Motor, Sony Corp., Canon and Honda. Thus, only five Asian companies in total.

"The U.S. software giant Microsoft Corp. topped the list and German car maker BMW AG ranked second, a 10-spot jump from its No. 12 ranking last year.

Hewlett-Packard took the No. 3 spot, climbing up from 16th last year and Finnish mobile phone maker Nokia Corp. slipped to No. 4 from No. 2. The Sony Corp. moved up to No. 5 from last year’s No. 6.

Also in the top 10 line-up were IBM (seventh), General Electric (eighth), chipmaker Intel Corp. (ninth) and Apple Computer (10th)." Good company!!

(By Asia Business Consulting)