Independent journal on economy and transport policy
01:31 GMT+2
Daewoo, Samsung Compete for 2nd Largest Shipbuilder
(The Korea Times)
November 14, 2001
By Kim Sung-jin Staff Reporter
Samsung Heavy Industries and Daewoo Shipbuilding and Marine Engineering are in fierce competition to become the second largest shipbuilder in the world.
Both companies saw outstanding business in the first nine months this year. Daewoo saw excellent net profits and Samsung posted solid sales during the period.
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