Daewoo TV is a brand TV of Daewoo Group in Korea. Daewoo Group was founded by Jin Yuzhong 1967, mainly engaged in the production and export of labor-intensive products. In the 1970s, it mainly developed chemical industry. After 1980s, it invested in automobile, electronics and heavy industry, and participated in the development of foreign resources.

Daewoo Group was once the second largest enterprise in Korea after Hyundai Group and one of the top 20 enterprises in the world, with assets of 65 billion US dollars. In the eyes of a generation, Jin Yuzhong and Daewoo Group are symbols of Korea.

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Behind the rapid development, Daewoo is burdened with high debts. 1997, due to the impact of the Asian financial crisis, Daewoo Group, which was poorly managed and insolvent, had to take the step of bankruptcy liquidation. Therefore, the South Korean government was forced to urgently borrow 58 billion US dollars from the International Monetary Fund to tide over the crisis.

In June+10 of the same year, Jin Yuzhong left Korea on business and began to live in exile. A month later, he sent a farewell letter to the employees and announced his resignation. From 65438 to 0999, Daewoo declared bankruptcy with a debt of $80 billion, and a brilliant enterprise empire was thus destroyed.

In February 2000, daewoo motor also declared bankruptcy. It was not until 2005 that he ended his six-year escape career and returned to China to surrender himself in exchange for peace of mind.

Baidu encyclopedia-Dayu group