Coin Jackpot After Divorce - Coin Jackpot After Divorce chapter 169
The future of the opposite sex group
The contract to acquire the smartphone division with LK Group went through swiftly.
The next day, Chairman Jin-mo Koo personally came to San Francisco to sign the contract.
“Please take good care of our staff.”
“Yes, I will take good care of you.”
It was decided to take over the right to use patents developed by the smartphone division, research data, and employees.
The factory was not acquired, but instead, it was a condition that LK took priority of production for two years.
All this for $3.5 billion.
The cost of acquiring a business unit that has been ruined and eliminated is not insignificant, but the price came out a little because of the smartphone patents.
The place I took for lunch after the contract was a hamburger shop.
“I came from Korea on purpose, but don’t misunderstand that I was treated poorly.
This is the best burger joint in San Francisco.”
“Ah, I also watched the CEO’s video, so I don’t misunderstand.”
“Do you like hamburgers?”
“sure. I’m used to it because I graduated from college in the US.”
Gu Jin-mo smiled lightly.
I ordered a double-double burger and texted Eddie while waiting for my food.
―Kim Shin: You took over the LK smartphone division.
―Eddie: Where is it?
I had to use a little more intuitive words for Eddy and Oh Myung-woo, who are not interested in anything other than their own territory.
―Kim Shin: The place where the rollable phone was made.
-Eddie: Oh… … . Are you real?
I suddenly had an idea, so I told Chairman Koo Jin-mo.
“Did you bring a rollable phone?”
“yes. I brought it.”
Chairman Koo Jin-mo took out a rollable phone from his suit pocket.
A phone that has been nicknamed the appeal phone because it stretches all the way to the side.
He said he was coming to America, so I deliberately asked for it.
“Just press the button here.”
“Wow… … .”
I pressed the button while listening to Gu Jin-mo’s explanation, and the phone naturally lengthened to the side.
‘I have a strange feeling. That’s great.’
The foldable phone with a foldable display released by Lee Sung Electronics is a hit, but I personally did not prefer it.
When I went to college and other people used smartphones, the folder phone for the elderly filial piety was the first cell phone.
It was a phone that was opened because the price of the machine was free, but when I looked at the foldable phone, I kept thinking of the old folder phone.
‘This is really interesting.’
I thought it would be clumsy, but the perfection was very high.
“Can you officially produce this?”
“yes?”
“I want to entrust my first quest to LK. I would like you to mass produce this rollable phone.”
“How many are you talking about?”
I don’t know much about manufacturing, but I’ve had some experience.
Depending on the volume of production, the unit cost may be half or even lower.
The reason why pharmaceutical companies are in the limelight is that they can make a drug that costs 50 dollars by spending 100 won if mass-produced.
As soon as I saw the rollable phone, I was greedy.
“As many as possible.”
“Yes?”
“Please run LK Electronics’ smartphone factory and produce as many as possible. No matter how much it is, I will take over all of it.”
“… … .”
I have had quite a bit of experience as a salesperson.
The rollable phone looked like it could be a hit if it came out right, and there was a way even if expectations were wrong.
‘I can just sell them all at Earth Shopping Mall.’
If no one buys it at the mall, I can buy it.
It would be okay to use it for generating source coins and distribute the rollable phone to employees.
* * *
Chairman Koo Jin-mo handed over 50 rollable phones in a luxury suitcase.
“I came to sell the business, but I didn’t expect to be in business.”
“I think we can have a good business relationship with LK.”
“haha. The smartphone division was already an abandoned child, but it made 3 billion dollars and received a lot of orders… … I feel sick to my stomach.”
“Working with Earth Resources will bring you many good things in the future.”
“I look forward to it.”
Orders for rollable phones reached 2 million within this year.
Lee Sung Electronics’ earth phone production is 100 million units. Although there is a feeling that the number is a little small, LK Electronics’ parts supply chain collapsed as it closed its smartphone division.
As soon as I return to Korea, I promised to encourage the production of rollable phones and make as many as possible.
The conditions for LK’s smartphone division to regroup, research and develop Rollable 2, and officially take over the organization within a month.
“You also need to prepare to deliver large quantities of LK’s home appliances to the Earth shopping mall.”
“Even home appliances?”
“Yes, home appliances are LK.”
Chairman Koo Jin-mo smiled with satisfaction, but was taken aback by the amount of orders that followed.
“This is more than 10% of LK Electronics’ annual sales in the US.”
“We can do this much.”
There were no products in Earth Shopping Mall, but there were no customers.
“I want to have a good relationship in many ways.”
“Please take good care of me.”
On the way to the company after seeing off Chairman Koo Jin-mo.
Knock knock!
Earth messenger informed me that a text message had come.
―Vice Chairman Seon Jae-yong: CEO Kim Shin, do you have any plans to invest in a factory built by Lee Sung Electronics in the US?
It was the contact of Lee Seong-electronics commander.
-Kim Shin: Yes?
―Vice Chairman Seon Jae-yong: I was in a hurry. I would like to meet you and talk in detail.
―Vice Chairman Seon Jae-yong: I will take a plane to San Francisco tonight.
* * *
The next day, I saw Seon Jae-yong in San Francisco.
“I was surprised to hear that you were taking over LK Electronics as a whole.”
“I’m glad the misunderstanding has been resolved.”
At first, Seon Jae-yong said he thought he was taking over LK Electronics as a whole. Although the follow-up report came out, he said he knew it wasn’t.
“I came to San Francisco to make an important proposal.”
“I am ready to listen.”
“Actually, reason does not see LK as a competitor. In the past, there was a large gap between market capitalization, sales, and net profit. Right now, we are just competing in some of the home appliances.”
After starting with lightly peeling the LK.
“Lee Sung Electronics is pushing for a long-term US investment of 50 billion dollars. Build factories and hire workers. To align with the Buy America policy.”
It is said that he intended to actively respond to the policies promoted by the US president. Lee Sung-electronics also had no other options.
“Then, when I heard that CEO Shin Kim would take over LK Electronics, I thought a lot about the future of Lee Sung Group.”
“The future of heterosexual groups?”
“Yes, it’s a bit bizarre, but I have been the target of my father’s evaluation since I was a child.”
It is said that he lived with constant evaluation and encouragement from his father from a very young age in order to occupy the position of successor to the opposite sex group.
Even before he grew up, he couldn’t think of a life other than inheriting a group of the opposite sex.
“I wanted to raise my children freely. They supported me to live the life I wanted without interfering. So they were very happy.”
maybe it’s normal
Nara, too, was confident that if her father was the owner of a heterosexual group, she would grow up happily.
“When you raise children, you see a lot of things, but I decided that both of them are not suitable to run a heterosexual group.”
“That’s right. I’m sorry.”
“Unfortunately, Korea’s tax system imposes a 60% tax on the inheritance of major shareholders. There is interest from the press and the public, so normally you can’t pass on a group. Unless you’re going to send your son to prison like I did.”
It sounds like a joke, but why isn’t it funny? Probably because he actually went to prison.
The illegal succession was criticized by the media, civic groups, and the public.
“In 15 or 20 years when I leave office, the heterosexual group will have a new owner. That’s why I proposed to CEO Kim Shin to invest in Lee Sung Electronics’ US plant.”
“Me?”
“Yes, the US plant to be built by Lee Sung Electronics will be built based on the best semiconductor technology and technology.”
Seon Jae-yong’s plan under the premise of secrecy was as follows.
I invest more than half of the factory construction funds.
Of course, the money comes through bank loans. If necessary, the opposite sex group could vouch for it.
“It means that you share the share of Lee Seong-electronics with me.”
“In fact, it will be even better than that. The US corporation will be set up by CEO Kim Shin and Lee Seong-electronics will take the method of cooperation. You will own a huge semiconductor factory in the United States.”
“… … .”
Lee Sung Electronics’ cash holdings exceeded $200 billion.
In this situation, people may think it strange if they receive investment and hand over the factory shares.
In that case, if I started a business and Lee Seong-electronics cooperated, there would be no problem.
“Is this a one-sided favorable condition only for me?”
“I also have a condition that I want. I would like to invest some of the slush funds to be passed on to the children in the US corporation that the CEO will establish.”
Seon Jae-yong gets a chance to pass on a lot of wealth to his children if he can’t hand over the management of the group.
I own a state-of-the-art semiconductor factory through investment.
‘This is why the stock prices of Korean companies are inevitably low.’
* * *
President Biden was on duty at the White House.
While discussing economic policy with ministers, including the finance minister.
Knock knock!
Contact via Earth Messenger.
The newly registered earth messenger was not used for business purposes, so only my family and Kim Shin were registered.
“Wait.”
President Biden took out his cell phone from the inside pocket of his jacket.
I confirmed that the sender was Kim Shin and read the text.
―Kim Shin: President, have a good day.
As an old politician, Biden was kind to everyone. But I don’t spend too much time on anyone.
A popular super-rich like Kim Shin could be useful both as president and after retiring from politics.
Maybe the person you should keep closest to.
―President Biden: It’s a good day. I am working at the White House, and my energy is surging, perhaps because I took a good rest at CEO Kim Shin’s house. I think I will have to visit often whenever I have time.
I deliberately wrote a long sentence to show my favor.
It was because I confirmed that several media outlets had become a little more friendly after sleeping at CEO Kim Shin’s house.
Freedom of speech in America is tamed by money.
The media who received the sweet advertising money from Earth Channel confirmed that they did not want to lose Kim Shin and Chuck.
-Kim Shin: Will you come again?
“haha.”
Biden laughed lightly. I was going to exchange a few simple words of regards and continue the meeting.
―Kim Shin: I am planning to build a large-scale factory in the US with the cooperation of a Korean company.
―President Biden: A factory?
By America.
Biden’s approval rating was hitting the floor as the economic situation worsened by the corona hit the inflation.
Kim Shin’s investment will be of great help in future political campaigns.
―Kim Shin: Over the next four years, the scale of investment will exceed 50 billion dollars.
―President Biden: $50 billion? Is it correct that the units are 50 billion dollars?
Even though $5 billion was great news, it was embarrassingly huge.
―Kim Shin: Yes, I plan to invest about 50 billion dollars. Depending on future economic conditions, the amount of investment may increase.
―Kim Shin: Can the President’s promises on various preferential policies be kept?
If you invest 50 billion dollars, the government should have provided considerable convenience in terms of policy and taxes.
However, such conditions could be given before large-scale investment, and it was unlikely that Congress would oppose them.
If you were an American senator or congressman, you would have done it if you actively lobbied to attract it to your region.
Biden sent a text message with a bright smile.
―President Biden: The promise will of course be kept. Let’s see if we can give more support.
―President Biden: I guess I have to go to San Francisco again this week.