Winia Daewoo Changes Company Name to 'Winia Electronics'
[Asia Economy Reporter Changhwan Lee] Winia Daewoo announced on the 7th that it will change its company name to 'Winia Electronics' and strengthen its domestic and overseas business in earnest.
Winia Electronics explained that it changed its name to symbolically reveal Winia (WINIA), the common gene of the parent group affiliates, and to strengthen its identity as a comprehensive home appliance company.
The English name is 'WINIA Electronics.' The previously confirmed marketing brands will be WINIA overseas and Klasse domestically.
The name change is also expected to create synergy with the home appliance affiliate Winia Dimchae. Since it is expected that brand awareness perceived by consumers will improve more than during the Daewoo Electronics and Winia Daewoo periods, large-scale joint marketing is planned.
Taking the new start as Winia Electronics as an opportunity, the group plans to fully utilize synergy to strengthen growth engines such as product development and business operations. The strategy is to expand the product lineup suitable for a comprehensive home appliance company and enhance brand trust with reasonable products tailored to consumer needs.
Overseas, the focus will be on strengthening the WINIA brand to leap forward as a global premium home appliance brand and firmly establish its market position.
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Byeongdeok Ahn, CEO of Winia Daewoo, said, "Going forward, Winia Electronics will play an active role as a force that raises the prestige of Winia and Korea not only domestically but also globally," adding, "Within this year, we aim to enter the top brand in Latin America and achieve remarkable growth with the Winia brand in major global markets such as North America and Europe."
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