Dongbu Daewoo Electronics | Wikipedia audio article
Channel: wikipedia tts
Date: 11/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Daewoo_Electronics


00:02:20 1 Venture into computers
00:03:54 1.1 Korean version
00:05:49 1.2 Export version
00:06:18 1.3 Technical specifications
00:07:21 1.4 CPC-300
00:07:55 1.5 CPC-300E
00:08:22 1.6 MSX-TUTOR
00:09:28 1.7 Usage in Russia
00:10:42 2 Resources



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SUMMARY
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Daewoo Electronics is a home electronics company and a member of South Korean Dayou Group. Established in 1971, it has since grown into a global business with more than 64 production sites, research and development and sales centres in more than 40 countries worldwide. Daewoo Electronics Sales UK (DESUK) was established in November 1993. It is the third largest electronics firm of South Korea after Samsung and LG. The company manufactures a range of high value electronics and home appliances. The company went through a bankruptcy in 1999 after Asian financial crisis and is currently owned completely by a group of creditors. Beside its business of manufacturing consumer goods, it has been contracted by different parties to set up local manufacturing units producing air-conditioners, refrigerators and washing machines. In October 2010, it was announced that the creditor group owning the company is to sell it to an Iran-based electronic company. Entekhab Industrial Group of Iran offered to buy the firm for 529 million dollars in November 2010 from its creditors.Entekhab industrial Group competed with Electrolux of Sweden for the acquisition. In June 2011, it was reported that the creditors of Daewoo decided to drop the deal with Entekhab group over funding uncertainties; Entekhab Group threatened to take legal actions in response. After years of trying, in January 2013, Dongbu Group (now known as DB Group) agreed to take over Daewoo Electronics for $270 million in order to attain synergies with DB families (Especially DB Inc., DB Hitek and Dongbu Steel). Daewoo Electronics became the family of DB Group by ending its workout status.In 2018, Dayou Group acquired Daewoo Electronics from DB Group.