Editing Daewoo (section)

{{short description|Defunct South Korean conglomerate}}
{{About||the division|Daewoo Electronics|the current incarnation of the company|GM Korea|7=Daewoo (disambiguation)}}
{{Use dmy dates|date=April 2020}}
{{Infobox company
| name = Daewoo
| logo = Daewoo logo.svg
| logo_caption = 
| type = [[Chaebol]]
| image = Daewoo Building (1995).jpg
| image_caption = Former Daewoo Group headquarters in 1995
| foundation = {{start date and age|1967|3|22|df=y}}
| founder = [[Kim Woo-choong]]
| defunct = {{end date and age|1999|11|1|df=y}}
| fate = Declared bankruptcy (see [[Daewoo dissolution and corruption scandal|details]])
| successor = 
| location = [[Seoul]], South Korea
| key_people = 
| industry = 
| products = 
| revenue = 
| operating_income = 
| net_income = 
| num_employees = 320,000<ref>[https://money.cnn.com/magazines/fortune/fortune_archive/2003/02/03/336433/index.htm and his life in exile.]</ref><ref>[http://news.bbc.co.uk/2/hi/business/5028708.stm Daewoo boss gets 10 years in jail - BBC NEWS]</ref>
| parent = 
| divisions = {{collapsible list|
* [[Zyle Daewoo Commercial Vehicle|Bus]]
* [[Winia Electronics|Electronics]]
* [[Doosan Group|Heavy Industries]]
* [[POSCO International|International]]
* [[Daewoo Motors|Motors]]
* [[Daewoo Motor Sales|Motor Sales]]
* [[Mirae Asset Securities|Securities]]
* [[Daewoo Shipbuilding & Marine Engineering|Shipbuilding & Marine Engineering]]
}}
| subsid = {{plainlist|
* [[Corona Data Systems]]
* [[Leading Edge Hardware Products|Leading Edge]]
* [[OCN (TV channel)]]
* [[SNT Motiv]]
}}
| homepage = 
| footnotes = 
| module = {{Infobox Korean name
  | hangul=대우
  | hanja=大宇
  | rr=Daeu
  | mr=Taeu
  | child=yes}}
}}
'''Daewoo''' ({{IPAc-en|uk|ˈ|d|eɪ|.|uː}} {{respell|DAY|oo}}; {{IPAc-en|us|ˌ|d|eɪ|ˈ|w|uː}} {{respell|day|WOO}}; {{Korean|hangul=대우|hanja=大宇}}; {{IPA|ko|tɛ.u|IPA}}; literally "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.

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 ${{Inflation|US|50|1999|r=0}}&nbsp;billion in {{Inflation/year|US}}). Prior to the [[1997 Asian financial crisis]], Daewoo was the third largest conglomerate in South Korea, behind the [[Hyundai Group]] and [[LG Corporation|Lucky-Goldstar]] (later became LG Corporation). There were about 20 divisions under the Daewoo Group, some of which survived as independent companies.