Daewoo (Korean for "Great Universe") or the Daewoo Group was a major South Korean chaebol (conglomerate). It was founded on 22 March 1967 as Daewoo Industrial and was dismantled by the Korean government in 1999. Prior to the Asian Financial Crisis of 1998, Daewoo was the second largest conglomerate in Korea after Hyundai Group, followed by LG Group and Samsung Group.
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Value describes the darkness or lightness of a color. A color light in value has been diluted with white. For example, pink is a tint of red that has a light value, because of the white added to it.