The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1115



Only Noblemtl

1115

The government has not responded to the issue of foreign exchange reserves as seriously as the media makes it seem.

However, the position of working-level officials such as Vice Minister Lee Hwan-chae was somewhat different.

They responded actively.

However, the Ministry of Strategy and Finance moved fiercely in the National Assembly.

This is also why media outlets like the New York Times are talking about a team dedicated to foreign investment.

It was only after engaging in these activities that they realized the state of the domestic economy.

Therefore, people like Director Choi Min-hyeok had to be managed separately.

No, if necessary, threats had to be used.

This was the reason why they were just watching the Han-Young Daily’s progress.

If it goes well, it’s good, and if it doesn’t, it’s not bad either.

Vice Minister Lee Hwan-chae reported on these practical issues first.

“We have dispatched foreign investment promotion teams to major cities around the world, including London and New York, but the results have not been good. This shows that they are pessimistic about the Korean economy.”

It’s not that I’m pessimistic about Korean companies, it’s more precisely I’m pessimistic about the Korean government.

Minister of Strategy and Finance Kim Woong-bae was dumbfounded.

“What are you talking about? This problem arose because we rushed too much and were not properly prepared!”

Vice Minister Lee Hwan-chae hesitated for a moment. But this was not something to be taken lightly. He had actually met with foreign investors.

“Of course, it is true that the schedule was pushed too far and the results were poor. However, it is difficult to see it that simply. Our government’s attitude is also problematic.”

“Our government’s policies are incompetent? Are you saying that now!!!”

If it were normal, Vice Minister Lee Hwan-chae would have just bowed his head. But now, he couldn’t do that. Moreover, Director Choi Min-hyeok had given him a justification.

“No. We can’t just leave this to happen. We have to do something.”

“…What are you trying to say all of a sudden?”

“I recently had a meeting with Director Choi Min-hyeok. He said he was going to create a new corporation called Plims. He was thinking of selling his stake.”

“… A new corporation? Is that really that important?”

Vice Minister Lee Hwan-chae handed over a compiled report to Minister Kim Woong-bae, who seemed to have no idea what was going on.

Minister Kim Woong-bae is not a fool, so he could not have been unaware of the Plims report, which only summarized the key points. He was shocked when he saw the value of Plims shares.

“Is this true?!”

“That would be the lowest value. As time goes by, the value of Plims shares will only increase. Eventually, it will have to confront other countries. It seems that Director Choi Min-hyeok is intentionally receiving investments to reduce conflicts with other stakeholders.”

Minister Kim Woong-bae also hardened his expression only then. This is because there is not much to talk about regarding Director Choi Min-hyeok.

“Are you American?”

“There is the US, and probably Japan as well. Europe in particular is said to be creating its own next-generation communications standard, which is probably true. I think they are considering selling their stakes because of that.”

“hmm.”

Minister Kim Woong-bae seemed to finally understand what was being said. There were still some parts he did not understand, but he was still a minister in name.

I could tell the extent of the flow that revolved around Plims.

No, I think I know why he is so sensitive when it comes to things related to Director Choi Min-hyeok.

The US embassy came forward and mentioned Director Choi Min-hyeok.

These days, stories related to Director Choi Min-hyeok are frequently brought up in State Council meetings.

Because everyone was keeping quiet and didn’t know English very well.

In reality, most of the stories were just absurd and couldn’t help but be true.

Because it’s just a story that was fleshed out based on the story of Kadera.

Moreover, even if it were 10 years into the future, nothing would have changed.

Director Choi Min-hyeok’s Plims technology was already a generation ahead of its time.

Because it is based on an animation platform that is a generation ahead of its time.

‘Is this it?’

It was absolutely absurd for him.

On the one hand, this situation was understandable.

In the end, there was a reason for Director Choi Min-hyeok’s suggestion.

However, that does not mean that civilians could be pressured.

“I understand what you’re saying. I understand the circumstances. But that doesn’t mean I can go along with Director Choi Min-hyeok’s demands.”

“Yes? Ha, but this is… … .”

“No, I understand what you’re saying! But the President has been suffering from this problem too. He hasn’t been able to speak out because of his pride.”

“… … .”

Vice Minister Lee Hwan-chae was so dumbfounded that he couldn’t answer. But when he realized that his pride had been hurt, he couldn’t open his mouth any further.

“That doesn’t mean I’m suggesting that we put pressure on Director Choi Min-hyeok.”

That was the word.

In the end, it was an expression that it was partially related to the work of the Han-Young Daily.

Only then did he realize why Director Choi Min-hyeok had come to see him.

“then…….”

“Just wait and see for now. Things may change over time.”

It meant the Han-Young Daily.

Because public opinion can change depending on the situation.

‘Damn, the question is how Director Choi Min-hyeok will take this.’

* * *

Director Choi Min-hyeok was able to hear Vice Minister Lee Hwan-chae’s story through Team Leader Jo Seong-don.

It was neither completely positive nor completely negative.

“Was the medicine a bit weak?”

“That’s not what I meant.”

“I think differently. You can’t ignore that guy’s pride.”

“Can you please take care of that pride?”

“No. If you listen to me once, I have to listen to you again. Then I’ll become a fool. If you start something, it’s better to see it through to the end.”

“… … .”

Team Leader Jo Seong-don looked at Director Choi Min-hyeok’s expression. He noticed that Director Choi Min-hyeok was slightly angry. There was no need to talk nonsense.

“I think they tried to make a careful decision because they had the position of the Ministry of Strategy and Finance.”

“Well, I think a little differently. I think there is definitely a reason why Han-Young Ilbo can do that.”

“yes?”

“The Han-Young Ilbo was started by Salomon Brothers and our Vice President Choi Moon-kyung. But the Ministry of Finance and Economy must have been involved behind it. Well, it’s obvious. You can’t help but know that they intend to tame it.”

That’s right.

It is because of the greed for the 25 billion dollars that Director Choi Min-hyeok has always worried about.

Since they couldn’t directly touch the United States because they were concerned about its reaction, they used the alternative of the Han-Young Daily.

However, he may not have come forward directly.

Because that’s a crime.

There was no way they would go to such extremes.

Director Choi Min-hyeok thought about it over and over again. He didn’t want to end this matter here.

‘Yes, the decision of the Ministry of Finance and Economy is not important, is it?’

Plims was not a system just for Korea.

Because it is a system that includes other countries in the first place.

Director Choi Min-hyeok thought about it for a long time and then suddenly remembered one person.

“Congressman John Smith said he met with Dr. Chris Amon. Has Dr. Chris Amon done anything special since then?”

“I don’t think anything has been specifically reported yet.”

“Really? That’s strange. Even in America, there’s a need for insurance… … .”

Director Choi Min-hyeok searched through his memories from his past life. He was looking into things related to Dr. Chris Amon. To be exact, he was looking into Qualcomm.

Then he quickly remembered one thing.

I’m talking about the cdmaone group, a cousin of Plims. This group is mainly comprised of telecommunications companies such as Motorola, Lucent, Nortel, and Qualcomm.

It is a joint venture between European and American groups.

These were also related to Plims, otherwise known as IMT-2000.

‘Not yet?’

Director Choi Min-hyeok knew that the future had changed somewhat.

After much thought, he called Dr. Chris Amon.

[Hello, Doctor, I am Director Choi Min-hyeok.]

[… Oh, hello.]

Dr. Chris Amon was greatly surprised by the sudden phone call from Choi Min-hyeok.

Although he also declined Congressman John Smith’s offer, he always thought about Director Choi Min-hyeok.

It was the same even then.

It was in the national interest that Rep. John Smith spoke of.

Director Choi Min-hyeok didn’t feel that way, but he didn’t care.

He figured Qualcomm would do what it was supposed to do anyway.

‘Europe is also involved.’

[Are there any special issues related to next-generation mobile communications?]

Dr. Chris Amon was taken aback by the sudden story, but spoke honestly.

[I was going to talk about Europe anyway, but the atmosphere is a bit strange.]

[Are you saying that they are creating their own standards?]

[… Yes, but it’s not yet at a level to be concerned about.]

[I don’t worry about that part. We are competing with each other in good faith. That’s why I called you. We are going to create a new corporation called Plims. That’s right. We are going to put all the patents we have invented so far into the new corporation called Plims and manage them separately. Do you know what I mean?]

Dr. Chris Amon, of course, understood what Director Choi Min-hyeok was saying.

[… Are you thinking of selling your shares?]

[There have been various rumors going around. If we’re going to do this, wouldn’t it be better to share the profits to reduce the conflict? To be honest, I’m not saying this because I want to.]

[Oh my god… … .]

[Yes? What are you talking about?]

[Oh, no. Oh, I understand. I would like you to send me some information about the Plims Corporation. It’s so sudden… … .]

[Okay, if you’re going to do it, there are a lot of people in Europe that you know, right? Please talk to them too. That’s why I’m calling.]

[Oh, I see.]

Director Choi Min-hyeok smiled brightly after hanging up the phone. He knew how surprised Chris Amon was just by hearing his doctoral voice.

Team leader Jo Seong-don, who was listening to the phone call from the side, continued to grumble.

“I understand how you feel, sir, but I think it’s a bit of a waste.”

“There is nothing more foolish than being greedy for something that cannot be digested. Moreover, communication is related to the security of one’s own country. Its special nature must be taken into account.”

Of course, you will get a lot of value for your stake.

Because they will not sell at fair value but will inflate the bubble to gain vested interests.

With that money, we could now put pressure on the Korean government.

With this level of power, even if the US government was behind Vice Chairman Choi Moon-kyung, it would be worth fighting.

Director Choi Min-hyeok had absolutely no intention of suffering a loss.

Team leader Jo Seong-don could not know Choi Min-hyeok’s feelings.

“… Okay, I understand. I will review any issues that may arise through the planning team.”

“Yes. Let’s see the reaction of the Ministry of Finance and Economy in particular. Even the dogs will probably be surprised. I don’t think Dr. Chris Amon will react with words right away.”

“…yes.”

Team Leader Jo Seong-don tilted his head as he answered. This was because he did not quite understand what Choi Min-hyeok was saying.

‘Could something else happen?’

* * *

Team leader Jo Seong-don still did not fully understand the value of Plims.

If you know what it means, you will understand it.

In fact, Dr. Chris Amon first contacted Congressman John Smith.

Congressman John Smith came straight to see Dr. Chris Amon.

“… Are you really saying that you are going to establish Plims and sell its shares?”

Dr. Chris Amon was left speechless by Rep. John Smith’s immediate response.

“Yes, I think Director Choi Min-hyeok was also worried about the various problems that could arise.”

He glanced at Congressman John Smith.

Congressman John Smith chuckled when he realized it was him.

But he never felt relieved.

“Then what are you going to do?”

“Anyway, we can’t do it all by ourselves in the US. Then Europe will be left alone. So I told my Motorola friend. They are planning to visit Korea right away.”

“Do you plan to use our American capital to purchase shares in Plims?”

“Yes. If that happens, there will be no need to pay expensive technology introduction fees. We will even indirectly secure Plims technology and directly deal with security issues.”

“hmm.”