EntityQ321772· pop 49· linked from 308 articles

Daewoo

Daewoo ( ; ; ; ; "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and automobile manufacturer.

Key facts

Company.name: Daewoo
Company.logo: Logo DAEWOO (1978-1994).svg
Company.type: Chaebol
Company.image: Daewoo Building (1995).jpg
Company.image_caption: Former Daewoo Group headquarters in 1995
Company.founder: Kim Woo-choong
Company.fate: Declared bankruptcy (see details)
Company.location: Seoul, South Korea
Company.num_employees: 320,000
Korean name/auto.hangul: ^대우
Korean name/auto.hanja: 大宇
Korean name/auto.child: yes

via Wikipedia infobox

Article

11 sections

Contents

History
Beginning and development
Crisis and collapse
Breakup and present status
Involvement in Myanmar
Corporations
Daewoo Motor Co., Ltd.
The Daewoo brand today
See also
References
External links

It was founded on 22 March 1967 as Daewoo Industrial and was declared bankrupt on 1 November 1999, with debts of about US$50 billion (equivalent to $ billion in ). Prior to the 1997 Asian financial crisis, Daewoo was the third largest conglomerate in South Korea, behind the Hyundai Group and Lucky-Goldstar (later became LG Corporation). There were about 20 divisions under the Daewoo Group, some of which survived as independent companies.