CEO of Cheongsong Industrial Machinery Co: Kwangho Ok
In the early 90s, Korea’s automobile and electronics industries had already grown to world-class levels, but Ok, then CEO of Cheongsong Industrial Machinery, was still searching for a blue ocean that wasn’t in the field that many companies were already touting.
At that time, the shipbuilding industry came into Ok’s field of vision. Not only were domestic shipbuilding facilities and equipment outdated, but the country was also dependent on foreign demand for all the necessary conditions to build ships.
Seeing great potential in the shipbuilding industry, Mr. Ok envisioned a business that would automate the backward shipbuilding facilities..
As a result, the company has developed more than 150 products, with dozens of patents, and has achieved nearly 100% import substitution effect with its highly functional welding carriages.
[Medium]