The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1149



Only Noblemtl

1149.

I didn’t take it seriously.

Even if an LCD is installed, it will not be easy to win the competition with existing MP3 players.

The reason is the price.

There is a price difference of more than 30-40%, so there is no reason to choose this product.

But Senior Vice President Kim Hyeon-woo did not give up on this easily.

He contacted people he knew at Sehan Information and found out the inside story.

The LCD type MP3 player had already been in the news, so it wasn’t information that needed security.

But I heard an interesting story from the developer.

“Type B?”

I was wondering what that was.

But then I found out that KM Electronics’ CEO Choi Byeong-yeon outsourced the work.

Chief Ahn Moon-won did not just think about this passively.

Rather, he prioritized the development of this product.

So much so that it can be mass-produced and sold immediately.

In fact, the OS type itself had internal complaints about this.

The engineer who passed the information to him was the target of the complaint.

Senior Vice President Kim Hyeon-woo even offered money to obtain samples.

I’m talking about an LCD type MP3 player with KOS. To be exact, it was the SLT-MP3.

“…What is this?”

At first I wondered what on earth this thing was.

However, Manager Cheon Seon-gu did a lot of digging while he was at Oseong Electronics. Although the results were poor, he was able to touch many things thanks to that.

My development skills have declined, but my vision has improved.

“…oh my god!”

Manager Cheon Seon-gu was astonished when he conducted an evaluation using an app development tool.

Although he had heard about this from a Sehan Information engineer, he had no idea that something like this was possible.

“… Could it be that this development tool was also developed by Director Choi Min-hyeok?”

“Yes, that’s what they say. They say they created all of these tools, including the compiler.”

He opened his mouth wide. Looking at Director Choi Min-hyeok’s actions so far, he thought he would be planting pumpkin seeds behind him. If he had been treated like that until now and still didn’t know, there really was a problem.

But it was still the same even now.

In fact, it was a speculation that was very misleading.

It is true that Director Choi Min-hyeok provided guidelines, but it was Director Choi Byeong-yeon who carried out the work on his own.

To be exact, KM Electronics’ planning team also played a part.

“… Are you saying that you created your own programming development tool?”

“I heard it too, but it seems true.”

“… This is it.”

Senior Vice President Kim Hyun-woo felt the tension ease. Director Choi Min-hyeok said that he was running around diligently, saying that it was a Plimsda, an animation platform.

But the Director Choi Min-hyeok he knew would never do something that didn’t make money.

Even if its value changes in the future.

He went straight into his review based on what he had already heard.

But the more it happened, the more I was amazed.

No, it was creepy. It was because the entire ecosystem was created, from development tools, app programs, dedicated mobile chips, chip mass production, and even Plims.

If Plims is difficult right now because it takes time, it can be replaced with wireless LAN now.

For now, it is an ecosystem that operates under wireless LAN.

“… That will also be updated when the Plims service is in progress.”

When Chief Cheon Seon-gu heard Senior Vice President Kim Hyeon-woo’s monologue, he refuted it.

“Oh, but that might be going too far. I don’t know how many SLT-MP3s are being sold right now.”

“I guess so. There must be a clear reason to buy the SLT-MP3. But you know, there is a reason.”

“KM Electronics’ Training Center!”

Senior Vice President Kim Hyun-woo was also greatly embarrassed. Strictly speaking, the KM Electronic Education Center was created because of his own work.

But little did we know that the center would become KM Electronics’ next big thing.

“… No, is this something that can be accomplished overnight? I don’t understand!”

Only then did I start getting excited and jumping around.

“I’m not sure about that. I guess I’ll have to look into it again.”

“Yes. Stop everything you were doing and focus on this. There must be a way to stop it now. It hasn’t even started yet!”

Senior Vice President Kim Hyun-woo said it was difficult even after talking about it. First of all, the development tool was the problem. This was not something that could be made if there was time.

Even if this development tool were actually made, the next problem would be bigger.

There are a lot of problems, including chips.

Each and every one of those things required enormous amounts of money and influence.

But that work had already been completed.

The more he thought about it, the more he found it to be a mystery. He felt as if he had found the beginning of a conspiracy theory.

‘Fuck, they say MP3 is possible because they secretly bought the patent. But this is a different story. You have to make the system yourself. Does that make sense!!’

***

As soon as Senior Vice President Kim Hyun-woo learned of the situation, he called in executives, including Director Derek Morgan.

Fortunately, they were still staying in Korea thanks to Director Choi Min-hyeok.

“… This is incredible.”

Director Derek Morgan wasn’t surprised. He just had a look on his face like, ‘Oh, that’s what I expected!’ Of course, he didn’t easily shake off his doubts.

“But I don’t think the SLT-MP3 is on sale yet, and there aren’t many LCD type MP3 players out there, right?”

“That said, we need to look at the market going forward.”

In fact, this part was quite controversial.

This market didn’t exist in Director Choi Min-hyeok’s previous life either.

App services were also a market based on smartphones.

The wireless LAN market was not that big. Naturally, the smartphone market was much larger than the wireless LAN market.

After all, it was 10 years later that the app service was launched for that reason.

Director Derek Morgan was troubled by the impossibility of foreseeing such a future.

What’s surprising is that Director Dennis Salomon didn’t like Senior Vice President Kim Hyun-woo. But he highly evaluated the results of this analysis.

“It’s not something to be taken lightly.”

“Well, we need to review it. But is there anything we can do now? There are already over three thousand patents related to app services.”

That was the content of the report that Chief Cheon Seon-gu had investigated.

Everyone ended up laughing in vain as they looked through the table of contents of the app service patents.

Even if they look at it now, they still can’t quite understand its value.

“How on earth does Director Choi Min-hyeok view the value of this business?”

Director Derek Morgan gave a scolding.

“It was always like that at first. No. There’s something wrong. What’s the big deal?”

That was the case with the MP3 player market.

But now it’s a huge hit.

Cell phones also followed that trend.

Because one of Qualcomm’s major shareholders is Choi Min-hyuk.

Director Derek Morgan looked at the expressions of the executives, including Director Dennis Salomon, and then looked back at Senior Vice President Kim Hyun-woo.

“I will provide all the necessary funds, so check it out. If necessary, take the method of blocking it in advance, or choose another partner. Look into it thoroughly, including using Korean politicians!”

“…All right.”

Senior Vice President Kim Hyun-woo smiled strangely. He realized that he had been recognized by Director Derek Morgan. If he used this well, it was not impossible to enter the Salomon Brothers headquarters.

‘If that happens, I can take revenge on Director Choi Min-hyeok in the United States as well.’

In fact, I thought so because most of Director Choi Min-hyeok’s assets are in the United States.

***

Director Choi Min-hyeok tilted his head after receiving an unexpected report from Polix.

But that company was not completely unrelated to him.

“It’s one of the app development companies. Senior Manager Kim Hyun-woo contacted me. I think he said he was interested in purchasing all of the development sources.”

“Hasn’t that already been transferred to us?”

“Yes. I guess you had a lot of concerns. You offered me a whopping 6 billion.”

“…Suddenly?”

“Not all of a sudden. It seems like Senior Vice President Kim Hyun-woo has obtained information about SLT-MP3. Including the development tools and other information.”

“Did the information leak from Sehan Information?”

“Yes. Furthermore, the tool is under consideration for commercial sale, so it is not particularly secure.”

That’s right.

The development tool itself had already been handed over to several companies.

But they were still hesitant.

Because the LCD type MP3 player didn’t come out.

KM Electronics also had no intention of doing things hastily.

Right now, we’re at the level of handing over information to MP3 companies.

However, that does not mean that the app program itself was being sold.

Because it is something that Director Choi Min-hyeok himself needs.

Director Choi Min-hyeok frowned. Senior Vice President Kim Hyeon-woo’s reaction was faster than expected. He had no idea that they would contact the app developer so soon.

He was troubled.

We also have other sources developed by app partners.

‘It’s something that could hit the jackpot, though.’

However, it was a little different from the apps of the future.

It’s true that he gave some general direction and guidelines, but it wasn’t made exactly as ordered.

No, actually the distortion was severe.

Each company had their own ideas and made modifications, but this was not what they had in mind.

‘Should I just say it’s fortunate that things didn’t go as planned?’

It was very different from the direction that Team Leader Eugene Sik’s team was revising.

Rather, it is true that many parts have been reduced and simplified.

Just in case, related patents are already being prepared.

After much thought, Director Minhyeok Choi suddenly realized that the important thing was the app ecosystem.

It would be nice if other companies jumped in, but that wasn’t the case at the time.

Sehan Information was an exception.

“How about using Salomon Brothers?”

Team leader Jo Seong-don tilted his head.

“Huh? What are you talking about?”

“Starting any business is difficult. It means that someone has to jump in and start it. And it is not enough to start it with just Sehan Information Service.”

“That means… … .”

“Let’s hand over the Pollix app. Then Salomon Brothers will probably rush in because they’re curious about something. They can make a big investment if necessary.”

“But we might end up competing with Salomon Brothers.”

“That’s right. But you have to know this. The app service ecosystem itself is infinitely competitive. You can’t really push anyone.”

“Still, a little… … .”

“Hehehe, then let’s do this. Ask Dr. Lee Ji-soo for help. Ask him to send a good person from the app staff.”

“…All right.”

Team Leader Jo Seong-don also compromised to that extent. Only then did he realize that Director Choi Min-hyeok was trying to get hung up on this matter.

***

The source code of Pollix eventually went to Senior Vice President Kim Hyeon-woo.

The sales price was a whopping 10 billion won.

It was Pollix who forced the sale by taking advantage of Senior Vice President Kim Hyeon-woo’s psychology.

Senior Vice President Kim Hyeon-woo had no choice. Time was of the essence.

Director Choi Min-hyeok chuckled at this news and received 5 billion won separately.

It was like giving all 10 billion to Pollix.

He used this money and some other funds to attract KMBOOK personnel.

These personnel were assigned to a team with high potential, including Manager Eugene Sik.

Manager Yoo Jin-sik was taken aback by the sudden addition of manpower from his superiors.

The name was Ian McGrane.

He was a Stanford graduate with a brilliant career.

Moreover, his personality also played a part.

Normally, you should follow the instructions of Manager Eugene, but it was quite the opposite.

“What is this?!”

And then everything was ruined.

The necessary code was organized and assigned to each person.

As for Manager Eugene Sik, he was just doing his job.

But Manager Yoo Jin-sik did not get angry. He did not think that someone who came to KMBOOK headquarters would stay in Korea. Instead, he consoled the team members who were objecting.

Even he himself began to work in the areas that Ian McGrane had taken possession of.

The effect was good.

No, the basic source code was good.

Director Choi Min-hyeok’s planning skills weren’t bad either.

Ian McGrane also appreciated that point.

“… The plan itself is good.”

Actually, I was amazed after playing the game and seeing some results.

“This is really good.”

In fact, he also came to Korea on a dispatch, so he didn’t like his current job.