Category: Daewoo

For a few weeks now we’ve been trying to fathom what’s been going on with Daewoo as, parts were not exactly ever easy for them but lately, many are just impossible to get. We may have an answer. Or sorts.

Korean sources indicate that Dongbu Daewoo Electronics is looking for a new owner that is highly likely to be a foreign company.

Daewoo have announced that it has started selling its “sloped drum” washing machine in major countries, like Saudi Arabia, China and Russia and it is planning to expand its sales to 20 countries around the world, including Central and South America, Asia and the Commonwealth of Indepe…

Daewoo Electronics have released a brand-new version of their wall-mounted washing machine, the Mini that is available in three different types.

Reuters have reported this morning that in a surprise move that  South Korean conglomerate Dongbu Group was picked as the preferred bidder to buy home appliance maker Daewoo Electronics

Just when we thought that no more was going to come over the repeated rumours that Electrolux was still looking at snapping up Daewoo Electronics, out comes the news that not only are Electrolux still sniffing around looking for a deal, so are others according to reports this morning.

A US government department has told Daewoo to pay a 71 percent import duty on machines made in South Korea, after Daewoo failed to respond to a probe of government subsidies.

Daewoo have launched some new products this month including this interesting wall mounted washing machine called the  Mini that can be wall mounted.

Reuters reports today that shareholders of Daewoo plan to relaunch the stalled sale of the South Korean home appliance maker in April.

Reuters reports that South Korea’s Daewoo Electronics have rejected a demand by Sweden’s Electrolux to cut the sale price by above 5 percent and will consider restarting the sale process, say sources, in a move that puts the deal in danger of falling apart, again.