SEOUL: The founder of the defunct Daewoo Group, Kim Woo-choong, has died after watching the conglomerate he built into a symbol of South Korea's manufacturing prowess become one of its biggest corporate failures, crushed by debt.
Kim, who died on Monday at 83 after battling chronic illness, had led what was once the nation's second-largest conglomerate, symbolising South Korea's meteoric rise from the ashes of the 1950-1953 Korean War.
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