Coin Tycoon Also Goes to Work - Chapter 285



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Episode 285

I rubbed my chin with my other hand.

“Mate Alpha has various infrastructures for Mate Cars, but it is still lacking. Ultimately, the core of electric vehicles lies in batteries and charging technology. And the advanced infrastructure of Ilhwa Energy and Ilsung Electronics will be beneficial to Mate Alpha in many ways.”

When I brought up infrastructure collaboration again, they froze.

“I never thought I’d be asked to work on such a grand project.”

Chairman Kim Eung-young’s gaze quickly scanned my body from head to toe. Even objectively, I thought it was absolutely absurd.

But I had already decided.

“Ilhwa’s solar and cell production capacity is already number one in the world. It also possesses world-class technology and is building a global organization. The same goes for Il Sung Group. There is no reason for me to talk more about the innovation infrastructure that is sorely needed. Haven’t you already invested in next-generation batteries?”

I deliberately emphasized the phrase “next-generation battery.” Vice Chairman Yeo Jae-yong spoke with a face full of mixed emotions.

“We invested 800 billion won. We are targeting production of high-nickel batteries in the second half of this year.”

The business report published by Il Sung SDI also had a great impact on me.

They have already invested in areas that are currently identified as obstacles to the wider adoption of electric vehicles, including driving range, charging speed, and price.

It is said that the 5th generation electric vehicle battery, which has a nickel content of over 88% and significantly increased driving distance by incorporating high-nickel technology, and reduced cost by lowering the proportion of cobalt, a rare metal, is scheduled to be mass-produced in the second half of this year.

They have already developed technology that allows them to drive 600 km on a single charge and 500 km with a 20-minute quick charge, and have also built a state-of-the-art smart factory.

Last year, we achieved results in research on anode and cathode material technologies that will further dramatically increase battery capacity. In cathode materials, we are continuing to research technologies to increase the nickel content to over 90% and improve energy density.

‘IlSung SDI’s next-generation cathode technology already surpasses Mate Alpha.’

Ilsung Group, which has already been leading future innovation by developing SCN, a patented independent technology in the field of silicon cathode, which is considered the next-generation cathode technology. Solving the expansion problem, which was pointed out as a disadvantage, by applying cutting-edge technology such as nano-izing silicon was a technology that even the research team at Mate Alpha could not imitate.

Fortunately, Mate Alpha and Ilhwa Group have achieved some success with solar cells.

“Ilhwa Group and Mate Alpha are already preparing for future commercialization using perovskite, so their convergence is essential.”

Chairman Kim Eung-young, who observed my expression at my words, quickly approached me.

“The result of increasing efficiency by stabilizing the microstructure of the perovskite photoactive layer was due to the competence of the researchers at Mate Alpha.”

“No. It was Ilhwa Energy’s technical department that evenly adjusted the size of the ions in the ABX3 structure to prevent distortion of the internal structure. I understand that the synergy effect produced excellent results.”

Due to the nature of perovskite, if the internal structure is distorted, material defects are generated, the material becomes unstable, and the charge transfer rate decreases, lowering efficiency. The research team of Mata Alpha and Ilhwa Group recorded the highest conversion efficiency of 25.7% for a single perovskite device based on a technology that prevents deformation, and was registered on the world’s new technology chart.

“I think that increasing durability was more effective.”

Although there are still many challenges to be overcome before commercialization, it is believed that more meaningful results can be achieved in the future.

“Perovskite solar cells will not be commercialized if the lead utilization problem is not solved. I think we can achieve even greater results if Ilsung Group takes the lead in this area.”

Chairman Kim Eung-young turned his head. Vice Chairman Yeo Jae-yong was there. After a short silence, Vice Chairman Yeo spoke indirectly.

“Lead is the most efficient of all metals. However, lead is also harmful to both the body and the environment.”

“That’s a good point.”

“Well, if you’re focusing on commercialization, and you have to discuss wireless charging for electric vehicles, I think it would be appropriate to have a separate space.”

“Yes.”

I created an opening to squeeze in.

“So, are you thinking of setting up a place for the three of us, including me? If you can monopolize various infrastructure investments for Mate Ka, Ilsung Group may be able to gain an advantage in its competition with TSMC, and in the future, Mate Alpha and Ilhwa Group’s new electron transport layer materials will be of great help to Ilsung Group’s research. The same goes for our Mate Alpha.”

“Ilhwa Group too.”

It meant that we would bring unity to Mate Caro.

Chairman Kim Eung-young and Vice Chairman Yeo Jae-yong, who had been silent for a long time, glanced up at me.

“Are you saying that we should try to surpass Tesla’s stronghold?”

“Maybe. It will take a long time.”

“Phew. Then let’s do that.”

“Ilhwa Group will also participate.”

I was grateful that they said this. My tightly shut lips slowly rose and a smile appeared. Chairman Kim and Vice Chairman Yeo raised their heads and looked at me.

He was smiling. His smile was firm, as if he had already won.

* * *

Recently, as the United States has been actively promoting the establishment of factories within the country due to the shortage of semiconductor supply, Arizona, a dry southern region with a lot of desert, has been a place where many factories are being built.

Semiconductor chip manufacturing plants consume millions of gallons of water each day, so a steady supply of clean water was a key factor in selecting a site for the plant. But recently, TSMC was building a new chip plant in Arizona, one of the driest places in the U.S., and Intel was also pushing ahead with a new plant on its existing campus.

Mate Alpha was also trying to secure a factory site together with Ilseong Trading Company and quickly prepare for the installation of facilities.

“Taiwanese semiconductor manufacturer TSMC, the world’s largest semiconductor foundry, said it will invest more than $12 billion in Arizona to build up to six factories.”

“I guess there is a corner of the Colorado River that believes in it.”

“Well, I think the cooperation of the state itself has been crucial. I heard that Arizona and Intel are working together on 15 water supply projects to support the infrastructure for the construction of a new chip factory. They are also looking at investing in improving the water supply.”

“What about support for us?”

“Even in Arizona itself, there is a move to quickly begin briefings as support items are being reviewed. However, the U.S. government itself has said that it will provide tax breaks and drastic incentives for infrastructure construction. It cannot deduct land costs, but it is said that it will reduce the factory’s tax by 31%.”

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“That much?”

Hemed was smiling at me.

“I understand that the United States cannot sit idly by and watch as Mate Alpha makes a 100 billion dollar upfront investment.”

“That’s encouraging news. But it remains to be seen whether Arizona is a good fit for electric vehicle production.”

“Since it is the chairman’s judgment, do we need to wait and see? Arizona is already efficient in many ways for building a factory.”

Arizona was already a mecca for computers and electronics among many states in the United States. That’s why Intel has been active in Arizona for over 40 years. That great Intel.

Because it is home to an established semiconductor ecosystem. It currently has the latest manufacturing facility, Fab42, and employs more than 12,000 people. In addition to Intel, On Semiconductor, NXP, and Microchip are also located there.

In addition, it had many advantages such as a large site, local environment, tax breaks and incentives, etc. Various conditions and power conditions were also suitable for the Mateca factory site.

The fact that it is a place with a low probability of natural disaster damage due to earthquakes played a big role, and not only earthquakes, but also other natural disturbances such as typhoons are relatively less than other regions, so it was calculated to be effective in many ways for electric vehicle production, which requires detailed processes.

Having an abundant power source was actually the most crucial. Arizona is already benefiting from the Salt River Project, which produces and supplies low-carbon electricity based on hydroelectric power.

The land was cheap and the construction costs were very reasonable.

“Has Ilseong Trading Company given another briefing?”

“They predicted it would take a total of 1 year and 7 months.”

I was once again struck with admiration.

‘Ilseong Trading Company’s progress is really steady.’

Vice President Yeo Jae-yong has a good habit of doing things properly and accurately once he decides to start something.

also.

“Vice President Todd Young has pledged to keep corporate taxes, including the corporate income tax rate, among the lowest in the nation, starting with the opening of Mate Alpha’s Arizona plant.”

Todd Young like this?

‘How did things turn out like this?’

I clenched my fist.

“You must have had to endure criticism.”

Hemed looked straight into my eyes and continued speaking.

“No, on the contrary, that is not the case. Considering the current political situation in the United States, where job creation through attracting companies was an absolute necessity, it is something that Americans would rather support. Wouldn’t companies’ expansion of production processes mean providing tens of thousands of jobs? There are many Americans who are critical of Vice President Todd Young’s remarks, but there are also strong supporters. Even though the timing of his entry was a bit ambiguous because Chairman Seo is his son.”

Arizona has consistently maintained corporate taxes, including corporate taxes, at a lower level than the U.S. and has strengthened various corporate support measures. However, this unprecedented corporate support measure was literally surprising.

Hemed took a deep breath and exhaled.

“This was also crucial. We are pushing for more strengthening laws to make it harder for powerful unions to take root by introducing labor rights laws that guarantee workers the right to work regardless of whether they are union members. It’s no wonder that Arizona has already caught the big fish called TSMC.”

“hmm.”

“It is not for nothing that the United States, a global semiconductor pioneer, is winning the investment war with Taiwan. Arizona, which is home to Mate Alpha, will become a battleground in the global electric vehicle production market.”

Hemed and I both knew that.

‘Let’s create innovation in Arizona.’

No matter how long it takes, I am determined to give it my all for the day when I surpass Tesla.

* * *

Why am I so eagerly awaiting the day I meet Kang Seo-yoon?

“Brother Jeongin.”

“Seo-yoon. Wasn’t it hard to get here?”

“Now my personal information has been completely exposed. Well, I’m just going to let it be.”

Should I say that I have a strong heart?

Kang Seo-yoon and I dating in Jeju Island ended up heating up the dating news.

It must have been reported by the paparazzi.

Kang Seo-yoon ended up quitting her job at this point. It was because all the paparazzi and reporters were following her around and wouldn’t leave her alone.

“Still, it’s a bit strange to see you here.”

“That’s why.”

I met Kang Seo-yoon at my San Francisco office.

And I was conducting an interview with her here and now.

Strictly speaking, it was a really fun experience.

Kang Seo-yoon quit her job and came to Mate Alpha San Francisco, which has now become the headquarters, for an interview.

There was no need to give preferential treatment to Kang Seo-yoon.

Even though she’s not my other half, Kang Seo-yoon has a lot of abilities.

“Okay, shall we start the interview now?”

Kang Seo-yoon seemed nervous at my words, and her voice came out cracked from between her dry lips.

“Ready.”

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