Post Office to Release Postage Stamps Featuring Two Founders of Korean Chaebols | Be Korea-savvy

Post Office to Release Postage Stamps Featuring Two Founders of Korean Chaebols


This year is the centennial anniversary of Chung’s birth and 105th anniversary of Lee’s birth. (image: Yonhap)

This year is the centennial anniversary of Chung’s birth and 105th anniversary of Lee’s birth. (image: Yonhap)

SEOUL, Aug. 25 (Korea Bizwire) The Office of Postal Service of Korea (Korea Post) announced that it will release two special postage stamps featuring Lee Byung-chul of Samsung and Chung Ju-young of Hyundai on August 26.

Korea Post selected the two late founders of Korean conglomerates among 12 candidates after deliberation by a postage stamp issuance committee composed of experts from various sectors. The committee praised their achievements in the economic development of Korea, as well as  their entrepreneurship.

This year is the centennial anniversary of Chung’s birth and 105th anniversary of Lee’s birth, which adds more meaning to the stamp issuance, Korea Post said.

Chung pioneered the shipbuilding and automobile industries in Korea, and grew Hyundai companies into some of the world’s top business operators. Meanwhile, Lee paved the way for Samsung success by decisive investment in the semiconductor and other IT sectors, thus leading the growth of Korea’s economy and the creation of jobs, according to the post office.

The post office will issue a total of one million stamps with their photos and their philosophical words like “No Failures but Trials” (Chung) and “Company Depends on Human Resources.”

Korea Post has been issuing postage stamps featuring great modern Koreans, including legendary baseball players Chang Hyo-jo and Choi Dong-won in 2013 and poets Hang Yong-un, Yi Yuk-sa and Yun Dong-ju.

By Lina Jang (linajang@koreabizwire.com)

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