DAEWOO

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General Motors
South Korea
  • Established time

  • 1937
  • Number of employees

  • 10000+
  • Products

  • Automotive industry

Daewoo was a major South Korean conglomerate (chaebol) that played a significant role in the economic development of South Korea. Founded in 1967 as Daewoo Industrial Co., Ltd., it later became known as Daewoo Corporation.
The company was involved in a wide range of industries, including trading, construction, shipbuilding, and automobiles. Daewoo's global expansion and its eventual collapse due to the 1997 Asian financial crisis are key chapters in its history.