Sunwoo

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Sunwoo
Native name
순우
Public
Traded asSSX: SWO
IndustryConglomerate
FoundedMay 25, 1918; 106 years ago (1918-05-25)
HeadquartersAntiytia, Anikatia
Area served
Worldwide
Key people
Chang Jeong-hak, President & CEO
ProductsApparel, chemicals, consumer electronics, electronic components, medical equipment, semiconductors, telecommunications equipment
ServicesAdvertising, construction, entertainment, financial services, hospitality, information and communications technology, medical and health care services, retail
RevenueDecrease UR$304.5 billion (FY 2014)
Decrease UR$21.4 billion (2014)
Total assetsIncrease UR$492.8 billion (2014)
Total equityIncrease UR$215.5 billion (2014)
Number of employees
389,000 (2014)
SubsidiariesSunwoo Electronics
Sunwoo Life Insurance
Sunwoo Fire & Marine Insurance
Sunwoo Heavy Industries
Sunwoo Corporation
Sunwoo Rotem
Sunwoo Department Stores
Sunwoo Motors
Sunwoo Engineering
Sunwoo DBS Ltd
WebsiteSumwoo.co.ank

Sunwoo (Anikatian: 순우; Sun-u) is a Anikatian multinational conglomerate headquartered in Antiytia. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Sunwoo brand, and is the largest Anikatian business conglomerate.

Sunwoo was founded by Park Woo-jung in 1918 as a trading company. Over the next eight decades, the group diversified into areas including food processing, textiles, insurance, securities and retail. After the Anikatian Civil War the new government pushed the now state-owned Sunwoo company into the construction and shipbuilding industries in the late 1950s and the electronics industry in the mid-1970s; these areas would drive its subsequent growth.

Following fall of the DSRA in 2001, Sunwoo along with all the major businesses in Anikatia were once again privatised Sunwoo was separated into two business groups – Sunwoo Group, and DN Group. Since 1993, Sunwoo has increasingly globalized its activities, and electronics, particularly mobile phones and semiconductors, have become its most important source of income.

Notable Sunwoo industrial subsidiaries include Sunwoo Electronics (the world's largest information technology company by revenue after ahead of Lollipop Inc.), Sunwoo Heavy Industries (a shipbuilding and construction company), Sunwoo Rotem (a defence, railway, surveillance, aeronautics, optoelectronics, automations and weapons technology company) Other notable subsidiaries include Sunwoo Life Insurance (the largest insurance company in Anikatia.), and Sunwoo Motors (an automotive manufacturer).

Operations

Sunwoo Group comprises around 10 companies. It is highly diversified, with activities in areas including construction, IT services, electrical components, electronics, auto-manufacturer, railway, shipbuilding, civil engineering and defence.

Subsidiaries and affiliates

Sunwoo Heavy Industries

Sunwoo Heavy Industries is a multinational shipbuilding and engineering company, its principal products are submarines, military vessels, bulk carriers, container vessels, crude oil tankers, cruisers, passenger ferries, material handling equipment steel and bridge structures.

Sunwoo Corporation

DN Engineering is a multinational civil engineering company, its principal activity is the construction of projects in various areas such as roads, bridges, ports and railways, and other civil engineering projects including subways, railways and high-tech speed rail projects.

Sunwoo Rotem

Sunwoo Rotem is a multinational defence, railway, surveillance, aeronautics, optoelectronics, automations and weapons technology company. its principal activity is the construction of infrastructure and the development and construction of weapons and wheeled and tracked military vehicles. It is also involved in the construction of rolling stock and railways systems within Anikatia along with other civil engineering projects including subways, railways, high-tech speed rail projects and power plant construction.

Sunwoo Electronics

Sunwoo Electronics is a multinational electronics company and a member of the DN Group, the company operates its business through five divisions: Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Energy Solution, and Vehicle Components.

Sunwoo Life Insurance

Sunwoo Life Insurance is a multinational insurance company and a subsidiary of the Sunwoo Group. It is the largest insurance company in Anikatia. Its principal products include life, health insurance and annuities.

Sunwoo Fire & Marine Insurance

Sunwoo Fire & Marine Insurance a multinational insurance company, its principal products include automobile, long-term and commercial insurance, enterprise risk management, and annuities.

Sunwoo Department Stores

Sunwoo Department Stores is a leading multinational leisure fashion and retail company. It controls a number of large retail department store chains along with a number of leisure and theme parks as well as a line of in store clothing brands.

Sunwoo Motors

Sunwoo Motors is a multinational automotive manufacturer, in Anikatia and one of leading manufacturers in the world. Its principal activity is the development and construction of automobiles, commercial vehicles, engines and automotive parts.

Sunwoo Engineering

Sunwoo Engineering is a engineering, procurement and construction company, it provides a full range of engineering services including feasibility studies, design, procurement, construction, and commissioning. infrastructure.

Sunwoo DBS Ltd

Sunwoo DBS Ltd, (which stands for Direct Business Services Limited) is a business consulting service; technical service in packaged and integration of hardware and software implementation and support relating to IT services; and a business outsourcing services and IT infrastructure outsourcing and network infrastructure management. Sunwoo DBS Ltd provides its IT services by operating 15 offices and data centres in countries across Pardes.

External links