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Daewoo (Korean
for "Great Universe") or the
Daewoo Group was a major
South Korean
chaebol
(conglomerate). It was founded
on 22 March 1967 as Daewoo
Industrial and was
dismantled by the Korean
government in 1999. Prior to the
Asian Financial Crisis of
1998, Daewoo was the second
largest conglomerate in Korea
after
Hyundai Group, followed by
LG Group and
Samsung Group. There were
about 20 divisions under the
Daewoo Group, some of which
survive today as independent
companies.
Above courtesy of
Wikipeda
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Daewoo
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