Founded in 1967, Daewoo Industry has played a leading role in South Korea's economic development. In fact, the company is number one on the high-tech market in terms of production and marketing.
In 1982 the company was renamed Daewoo Corporation and started its international expansion and development of new projects around the world.
In December, 2000, Daewoo International Corporation was split off from the Daewoo Corporation, specializing in international trade and project management, and international market research. The company took the lead in the steel, chemical and research industries of the global economy. In 2010 Daewoo International Corporation was incorporated into the POSCO Group, the largest steel-making company in existence.
Today, Daewoo International has more than 100 international subsidiaries and branches all over the world. It successfully works with small entities as well as with international majors, offering a wide range of steel and chemical goods, cars and consumer electronics with a perfect price-quality ratio, which in layman's terms means high quality at affordable prices.
Besides manufacturing and selling finished goods, Daewoo International Corp is one of the world leaders in the development and implementation of the largest current projects in the energy and power sector, railroad and factory construction services, and also the mining industry.
The company invests all profits gained on the international markets into in-depth international market research and towards the development of new goods and hight-tech services.
In 2010 Daewoo International Corp. began research into a new consumer goods market called DIY -- power tools, gardening equipment and electric power devices. Taking into consideration the highest level of competitiveness as well as the existing market structure, the corporation has invested a huge amount of capital into the development of completely new products that can ideally meet the demands of markets newly emerging thanks to DIC's high quality, incomparable efficiency, and affordable prices.
In 2013, DAEWOO DIY products were introduced on the market place for the first time and received outstanding reviews from market experts and, even more importantly, highly positive feedback – with no dissenting voices from the customers.
During the past 45 years, DAEWOO corporation has steadily expanded its product range and demonstrated nonstop growth in the key markets, thus expanding its business by the traditionally proven means of hard work, responsibility and innovation.
These core values are encouraging large numbers of people to look ahead with confidence and to start new projects with a reliable and strong Partner, thus guaranteeing the future growth and development of the DAEWOO corporation.