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The first order Hyundai shipyard received was built WHILE the dry dock was being built AROUND the ship. The second (?) ship Hyundai built failed buyer's inspec
by dba7dba 11y ago
The first order Hyundai shipyard received was built WHILE the dry dock was being built AROUND the ship.
The second (?) ship Hyundai built failed buyer's inspection (or was it the buyer just backing out) and Hyundai couldn’t find a buyer.
So the founder of Hyundai simply started a shipping company with that one unsold ship.
- ykl 11y agoWoah, that's a pretty cool story. Anywhere where I can read more?
- dba7dba 11y agoI can't recall where I read the stories I mentioned earlier but you can find more stories in some books like this On Amazon - Made in Korea: Chung Ju Yung and the Rise of Hyundai Another legend about Chung Ju Yung. While he was out supervising construction of first highway ever (connecting Seoul to Busan) of Korea, he was so busy that he didn't take off his socks for a week at a time. I guess he went about his work until the moment he dropped off to sleep, for days. He was practically a soldier on the front line. But to know how Hyundai Shipyard and other Korean industries rose, you have to know about this man, army-general/coup-leader/president/dictator, Park Chung Hee. You can read about him. - The Park Chung Hee Era: The Transformation of South Korea His daughter is currently the president of S Korea.
- deleted 11y ago[deleted]