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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Daewoo Electronics Co., Ltd.

Daewoo Electronics Co., Ltd.
 PROFILE
Luckily for Daewoo, selling its appliances has been easier than selling its appliances business. The Daewoo Electronics unit of the troubled Daewoo Group conglomerate is one of South Korea's largest manufacturers and exporters of microwave ovens, refrigerators, televisions, DVD players, VCRs, and washing machines. It also makes vacuum cleaners, monitors, and audio equipment. The company has operations in more than 40 countries, and exports account for nearly 80% of its sales. The debt-heavy company's deal to swap its electronics business for rival Samsung's auto business fell through in 1999, as did a subsequent pact to sell the business. The company is mulling its options.

 COMPETITION
LG Electronics Inc. (02610)
Samsung Electronics Co., Ltd. (SEC)
Sony Corporation (SNE)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,521.00
1-Yr. Sales Growth: (35.3)%
Employees: 7,800
Revenue per employee: $323,205.13

 KEY PEOPLE
• Chang Kiheyung
    CEO
• Park Chang-Byung
    CFO

 CONTACT INFO
925 Kongdan-dong
Kumi Kyongsang-buk, South Korea
Phone: 82-546-467-7114
Fax: 82-546-461-8788
Online: Web Site

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