He is Already a Tycoon at a Young Age! - Chapter 38



Only Noblemtl

#038

Samjung Electronics President’s Office.

“Sir, the color LCD mobile phone is finally coming out this September.”

Samsung Electronics has spent a huge amount of money on research to develop a color LCD mobile phone, starting with a related technology partnership. And the results are finally on the verge of coming out.

“We will recruit the best models for the September launch.”

“That’s right.”

“And boss.”

“yes?”

“GL Electronics is said to be entering the mobile phone manufacturing business. It is said that it has already signed a technology transfer agreement with Motorola. It seems that it will begin its revenge on the kimchi refrigerator.”

The president of Samjung Electronics nodded in response to the words of the director of Samjung Electronics.

“This time, I won’t lose to GL Electronics. You understand that, right?”

“Yes, I will keep that in mind. I am confident this time too.”

“Samsung Electronics has already taken over the kimchi refrigerator market, and with the launch of the French-door refrigerator, it has achieved the top spot in the domestic refrigerator market share. If the mobile phone business, which is the lifeblood of Samsung Electronics, succeeds, Samsung Electronics will not be a third or fourth-ranked company in the electronics industry, but will become the top company in Korea.”

“Yes, that’s right. And Mr. President, Korea Semiconductor is up for sale this time. I think this is the last chance for Samsung Electronics to enter the semiconductor industry. And since the group has already purchased the site of the planned Samsung Electronics semiconductor factory, I think we absolutely must not miss this opportunity.”

“I think so too.”

“If Samsung Electronics is to become the number one electronics company in Korea, it must enter the semiconductor industry. And for the mobile phone business that will be launched soon, it absolutely needs its own semiconductor production plant.”

The president nodded at the words of the Samjung Electronics director.

“GL Electronics also officially announced that it will participate in the acquisition of Korea Semiconductor.”

“I told you, GL Electronics won’t give up.”

“Yes, then I will immediately form a task force for the acquisition.”

“Let’s do that.”

dripping!

Just then there was a knock and the secretary came in cautiously.

“What’s going on?”

“Ji-seong came to see the president.”

“Is Ji-seong here?”

“Yes, but Mr. Jiseong said that he wanted to meet the president as the largest shareholder of Pacific Investment Corporation, not as his son Jiseong.”

“is it so?”

“Yes, sir.”

“Even the director thinks he’s a guy with a lot of quirks, right? Hahaha!”

“I heard that Taean Yanghwa is a rising dark horse in the fashion industry.”

The 100,000 pairs of sneakers that were already produced in advance have all been sold.

An additional 200,000 pairs had already been pre-ordered.

“Yes, he is a great guy. Tell the largest shareholder of Pacific Investment Corporation to come in.”

* * *

Chinese People’s Liberation Army Navy Command.

“Your Excellency the Commander, I have information that among the warships that the Russian Minsk Naval Command is planning to sell this time, there is one Russian aircraft carrier that was in operation and another aircraft carrier that is 90% complete.”

The Chinese People’s Liberation Army Navy also operates an intelligence unit.

“Is that true?”

“Yes, it is a solid piece of intelligence. This is the golden opportunity for the Chinese People’s Liberation Army Navy to have an aircraft carrier. The Chinese People’s Liberation Army Navy must become stronger. In order to reclaim the former Qing territories occupied by South Korea, Japan, and countries in the South China Sea, maritime expansion is absolutely necessary.”

There is probably no country in the world that has more territorial disputes with other countries than China. And the People’s Republic of China is the one that claims Qing territory as its own, while refusing to take responsibility for anything that Qing should be responsible for.

“Yes, we need aircraft carriers for ocean warfare too.”

China does not have the technology to build aircraft carriers.

It was truly an opportunity, as Russia had no intention of transferring aircraft carrier building technology to China.

“No matter how urgent it is to possess aircraft carriers, the ones the Russian Navy sells will be scrap metal.”

“Scrap iron?”

“Yes, that’s right. No matter how corrupt the Russian military is, they won’t sell an aircraft carrier in its original condition to another country. It could literally be like buying scrap metal at a high price.”

The first soldier who reported said that he knew something about shipbuilding and that the aircraft carrier was a must-buy, but the senior officers of the Chinese People’s Liberation Army Navy had no way of knowing that the aircraft carrier contained the core technology for building large ships.

“We must buy the aircraft carrier that the Russian Navy is selling, no matter what they do.”

“It’s most likely a piece of scrap metal.”

“There will be a lot of technology to be secured even if it is scrap metal. If I may give you just one example, it would be enormous if we could secure the aircraft carrier deck technology for fighter jet takeoff and landing. No country will transfer aircraft carrier construction technology to the People’s Republic of China. So even if it turns into scrap metal, we should acquire the aircraft carrier that Russia is selling. Your Excellency the Commander.”

“I think so too.”

The officer who said that the aircraft carrier should be purchased was relieved after the commander spoke.

‘You idiots!’

The officer who had argued for the acquisition of the aircraft carrier looked at the rest of the senior naval officers and cursed inwardly.

‘Things like that will get stars later.’

I thought that if that happened, no matter how good and modern the warships we had, it would be difficult to deal with the Japanese Navy Self-Defense Forces, let alone the United States.

“Colonel Wang Ho, you and the warship experts will depart for Minsk, Russia immediately.”

“Yes, I understand.”

“Even if it’s an abandoned ship, if we have an aircraft carrier in front of us, it will be of great benefit to us.”

Finally, the People’s Republic of China Navy also showed interest in the aircraft carrier that the Russian Navy Command was trying to sell.

* * *

Office of the Prime Minister of Japan.

“If the Russian Navy sells two aircraft carriers to the People’s Republic of China Navy, will security in the South Pacific collapse?”

“Yes, Your Excellency, what you said is correct.”

“But the Japanese government is in no position to force the Russian government not to sell the aircraft carrier to the People’s Republic of China.”

When Russia declared a moratorium, the first companies to leave Russia were Japanese companies under the direction of the Japanese government. So the Russian government was completely ignorant of the four northern Kuril Islands that Yeltsin had said could be returned.

“At the very least, we cannot allow the PRC to seize the Russian aircraft carrier. If the PRC Navy were to acquire the Russian aircraft carrier, bring it into service, and deploy it, it would have the upper hand in the Senkaku Islands dispute.”

“That must be it.”

“And, Your Excellency the Prime Minister, if South Korea were to acquire an aircraft carrier, it could cause even bigger problems.”

“The Republic of Korea?”

“If South Korea acquires an aircraft carrier, the influence of the Japanese Navy Self-Defense Forces in the East Sea will be reduced. Accordingly, the Takeshima dispute will also work in South Korea’s favor.”

“So what is the method?”

“First, we need to prevent Russia from selling aircraft carriers to China through the United States. The United States also cannot help but dislike China having aircraft carriers. If China has aircraft carriers, it will be easier to invade Taiwan, and if Taiwan is occupied by China, the Korea Strait will be closed, so 90% of cargo ships coming to Northeast Asian countries will be blocked.”

“I emphasize that part to the US government as much as possible.”

China and Japan are desperate to secure the aircraft carrier. However, Ji-sung has already given a considerable amount of bribes to high-ranking Russian military officials through Taean Industry President Park Moon-soo, and Young Industry President Young has arrived in Minsk, Russia and is continuing lobbying activities to secure the aircraft carrier.

* * *

Samjung Electronics Chairman’s Office.

“You said you came as the largest shareholder of Pacific Investment Corporation, not as my son?”

My father is respecting me and even speaking to me formally because I said I was his son and wanted to meet him in a different capacity.

“Yes, as the largest shareholder of Pacific Investment Corporation and as the head of strategic planning, I came here to discuss the issue of Samsung Electronics entering the semiconductor industry.”

“Korean semiconductor?”

“Yes, that’s right. GL Electronics is currently competing for first or second place in the domestic non-memory semiconductor sector, and by acquiring Korea Semiconductor’s memory semiconductor division, it will jump into the acquisition battle with Korea Semiconductor to become number one in the semiconductor sector.”

“I heard that report a little while ago.”

“Father, are you uncomfortable speaking to me formally?”

“Since the director came as an official of Pacific Investment Corporation and not as my son, I should separate public and private affairs.”

“Yes, please listen to my offer, leaving aside the fact that I am now your son.”

“Okay then.”

It’s my father smiling at me.

‘In my father’s eyes.’

Ji-seong seems to think that you are different and special.

“My grandfather and my father both attack the GL Group with reason.”

“Because it’s a bad fate.”

“Yes, I also think it’s a bad relationship. But I think right now, more than anyone else and in any situation, I need to be rational.”

“For what reason?”

“Because the semiconductor industry will face a serious recession. And when the semiconductor industry experiences a recession, the memory semiconductor sector will be hit harder than the non-memory semiconductor sector. And the global semiconductor industry is currently at a saturation point.”

“I think so too. But this is a golden opportunity to enter the semiconductor industry, which I had given up on for a while.”

“If you don’t have the confidence to last 10 years, or if you don’t have the capital to survive in a chicken game that will last more than 10 years, I think Samsung Electronics shouldn’t enter the semiconductor business right now.”

That’s why the past must not be distorted.

‘Samsung Electronics entered the semiconductor industry in the early 1980s.’

I am unable to enter the semiconductor industry, which is the most important industry in the electronics industry, due to the butterfly effect that occurred when I was reincarnated. If this situation continues, the market capitalization of Samsung Electronics in the future that I know will not be 270 trillion won, but less than 1/10 of that.

So, at some point, we will have to make a big foray into the semiconductor industry.

“Samsung Electronics doesn’t have the capital to last 10 years?”

“Yes, I think so. And the cell phone that my father worked so hard to develop will be released around September of this year.”

“That’s confidential information, but Ji-sung, you already know.”

“I heard it from my grandfather.”

“What that means is that you have already come to a conclusion about your grandfather and the semiconductor industry?”

“My grandfather agreed with what I said, but I think that all decisions are made by my father, who is the president of Samsung Electronics.”

“So, is this saying that Samsung Electronics should not participate in this acquisition of Korea Semiconductor?”

“Yes, that’s right.”

“Jisung, I know you are better than others. But if not now, there will be little chance for Samsung Electronics to enter the semiconductor industry. And I will never see GL Electronics dominating the domestic semiconductor industry and growing steadily.”

Until now, I thought my father was a gentle person.

But it seems that he has decided to be more vicious than anyone else towards GL Group and GL Electronics.

[Chairman, no, the father-in-law still sells kimchi refrigerators cheaper than the ones developed by GL Electronics.]

I remembered what my great-uncle, the CEO, had said to me.

[The war between conglomerates is that ruthless, right?]

Episode 39