Press Release

New Product


Introduce Powernode/Daewoo Partnership

January 2, 2003

Daytek Electronics Corporation, subsidiary of Daewoo International in Korea, has launched 2 PCs in Canada with basic configuration using AMD and INTEL family of CPU.

The computer systems, under Daewoo brand, will be fully configured with the latest components and sharpest cost structure by the channel partner; Powernode Computer Inc. "This is the second phase of offering Daewoo PC in the Canadian market," stated Daytek General Manager Sam Chiu, "We first launched the product 4 years ago to retail channels. As we are now being recognized in that sector of the market, it makes us ready to cover more market segments."

"We are going to the next level by supplying higher end, performance driven machines to VARs and resellers," said Chiu, adding that "Powernode Computer will be our best channel partner to achieve this goal. Headquartered in Toronto with facilities in Montreal and in Vancouver will allow them to service and support our products across the nation."

Ken Chan, Vice President of Powernode Computer stated, "This is a key strategic move for us. To be successful in the distribution business, we must provide a product that dealers can rely on and where customers recognize value. With Daytek Electronics Corp., we will be able to offer a complete system with brand awareness, high flexibility and at a sharp price."

Daytek Electronics Corporation, subsidiary of Daewoo International in Korea, has offices in Vancouver and Toronto. It was established in 1993 offering sales, marketing, support and services for Daewoo and Daytek brand of products in Canada. Powernode Computer Inc., since started in 1996, had established as a prime distributor of computer and related products in the Canadian market.


Introduce Ingram Micro/Daewoo Partnership

January 2, 2002

Daewoo is proud to announce that the company has reached an agreement with Ingram Micro to distribute a wide variety of products.

Daewoo is world-renowned as a leading technology provider in Korea. Through this new partnership, Ingram Micro will be bringing that same excellence to the Canadian channel.

Ingram Micro will distribute Daewoo's line of monitors, PCs, and DSL modems, in addition to other products. Daewoo International displays bring a new standard in price and performance, and one of the most complete lines of display monitors on the market, including CRT, LCD and Plasma. From entry level 15" to big screen 21" CRT, from affordable 15" to professional application 22" LCD display, state of the art 42" Plasma Display Panel, Daewoo has a product that will fit resellers' needs.


Introduce TELUS/DAEWOO Internal ADSL Package

Daewoo International Corporation is proud to announce its official introduction of TELUS/DAEWOO Internal ADSL Package on June 15, 2001. Now everyone can enjoy amazingly fast and reliable access with TELUS and DAEWOO High Speed Internet solution. It will take your Internet experience to a whole new level.


Daewoo International Corporation has achieved the surplus of 17.2billion Won.

As the result of company's brisk efforts toward corporate restructuring and business performance, Daewoo International Corp. has made great improvement in the financial status.

According to the account statement of May, as of May 31, the debt to equity ratio has lowered to 628% by making 312% drop compared to that of at the end of 2000 where company spin-off took place.

Achieving 134 billion won of gross pofit and 79 billion won of operating profit enjoyed Daewoo International Corp. succeeding the surplus of 17.2 billion won in net income resulted from cost saving and sales increase.