Daewoo Electronics Corp. · Seoul South Korea
Company Description
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This link will open in a new window Daewoo Electronics is one of South Korea's largest makers and exporters of TVs (digital, high-definition), DVD players and recorders, VCRs, and portable video recorders. It also makes home and kitchen appliances (microwave ovens, refrigerators, washing machines, vacuum cleaners, and air conditioners). Daewoo Electronics sells its products in more than 105 countries. Backed by the Korean government, the company is restructuring in an effort to return to profitability. To that end, in mid-2009 it reached an agreement to sell four of its businesses: TV, air conditioning, vacuum cleaners, and electronic motors. The firm will retain its refrigerator, washing machine, and kitchen appliance units. To read the full description, subscribe now.
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Key Daewoo Electronics Corp. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,903,431.0 |
| Employees | 2,681 |
Daewoo Electronics Corp. Executives
7 executives listed for Daewoo Electronics Corp.'s Seoul, location.
| Title | Name & Bio | Contact |
| CEO | Seung Chang Lee | Network |
| Executive Managing Director and CFO | Heo Hong | Network |
| Executive Managing Director and CTO | Chang Kyu Hwan | Network |
Competition
Competitive Landscape for Daewoo Electronics Corp.
Demand often depends on the income of consumers or the profitability of business customers, because many technology products and services are expensive. The profitability of individual companies is driven by their ability to develop and market new products. Large companies often have advantages in access to capital and marketing. Small companies can compete successfully if they have expertise in a particular field of knowledge. The industry is capital-intensive: average annual revenue per worker is nearly $300,000. To read the full description, subscribe now.Top Daewoo Electronics Corp. Competitors
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