The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1151



Only Noblemtl

1151.

KM Electronics’ legal team has been upgrading itself from top to bottom.

In particular, as the value of a patent rises vertically, it becomes more sensitive to patent litigation.

These teams went back to their partners to check again.

While also putting forth a deposit clause.

Strictly speaking, it is a threat.

But it has to be done this way.

Because if you become greedy just because you are a partner, you could go blind.

In fact, some of this information was leaked to Senior Vice President Kim Hyeon-woo.

Including game information.

Senior Vice President Kim Hyeon-woo tilted his head after checking the defense game that Director Choi Min-hyeok had leaked.

He didn’t quite understand it.

However, Manager Cheon Seon-gu seemed to have a different opinion. He really liked games. He played everything from Nintendo games to PC games.

“…Is this okay?”

I wasn’t really interested in the SLT-MP3, I was more obsessed with the game.

Even while playing the game, he ignored what Senior Vice President Kim Hyeon-woo said.

Senior Vice President Kim Hyeon-woo glared at Manager Cheon Seon-gu in amazement before letting out a sigh. Whether it was good or bad, he was the person he trusted the most.

“It’s just a game after all.”

“No. It’s not something to be taken lightly. You can watch MP3s or simple videos. If it has game functions, it’s not something to be taken lightly.”

“Even so, the market… … .”

Manager Cheon Seon-gu looked up and laughed angrily at Senior Manager Kim Hyeon-woo, who was denying the value of the game console.

“There is talk that the game console market is worth over 15 trillion won. If you add the MP3 market and video market to that, it is something that cannot be ignored.”

“…!!”

Senior Vice President Kim Hyeon-woo could not help but gape at the mention of 15 trillion won.

I didn’t know the market for children’s toys was that big.

No, actually he knew it too.

Whenever I see Japanese game consoles, I always think, Japanese companies are amazing.

It just became chronic, so I just let it go.

As the MP3 gaming industry grew, predictions were filled with rosy expectations.

There’s also some foam in there.

The idolization of Director Choi Min-hyeok, who created this ecosystem, is still ongoing.

Senior Vice President Kim Hyeon-woo sighed.

“… Then, let’s review it first.”

“…All right.”

Manager Cheon Seon-gu began to ponder with a rather interesting expression on his face.

He thought he was pretty good, unlike Senior Vice President Kim Hyeon-woo.

‘Wait, is there more to this?’

I’m talking about other partners.

‘There is no reason for the KM Electronic Legal Team to provoke me for no reason.’

He thought he should investigate them first.

In fact, I investigated it, but I didn’t take it seriously.

Strictly speaking, the SLT-MP3 and the game console models looked different.

Even if the program goes up.

***

In fact, Manager Cheon Seon-gu’s inference was not wrong.

Even in Director Choi Min-hyeok’s previous life, this would have been impossible at this point.

In fact, other investors were well aware of this fact.

This was the reason for refraining from investing in this business in the first place.

If you want to invest, it would be much better to do it with Sony.

However, other investors did not look down on Salomon Brothers.

Even if that matter is handled unilaterally by Senior Vice President Kim Hyeon-woo.

Because Director Derek Morgan gave that much authority to Senior Vice President Kim Hyun-woo.

Therefore, this information also leaked to other investors.

One of those people was Director Mike Ryan, who had a bitter experience with Director Choi Min-hyeok.

Director Mike Ryan appeared to have reconciled with Director Choi Min-hyeok on the surface.

However, he did not take his eyes off Director Choi Min-hyeok by using his staff.

And it had to do with Salomon Brothers.

“… What are you talking about all of a sudden? Director Choi Min-hyeok is focusing on MP3 development?”

Paul Gosling looked at Director Mike Ryan. He was already caught up in Director Choi Min-hyeok’s actions, so he was cautious. In fact, he was curious about him being called. He said that he had dealt with Director Choi Min-hyeok before.

“It’s not that Director Choi Min-hyeok is developing it, but Salomon Brothers is looking into game console companies. Nintendo and Sony are representative companies.”

Senior Vice President Kim Hyeon-woo looked into the two companies because they are his role models.

But there’s no way Director Mike Ryan would know that.

“… Do I need to know that? You should know better than anyone that I’m nervous about shorting Apple right now.”

“… I think that has something to do with the short selling of Apple.”

“…Why?”

“Considering the game console market, if we can absorb game content, we can achieve decent sales.”

“I guess so. But that’s only if we can overcome Nintendo and Sony’s strongholds!?”

“That’s true, but… … .”

Paul Gosling looked embarrassed. He couldn’t even confirm that part.

“Are you kidding me?!”

“No, that’s not it. Is it because Salomon Brothers’ investigation into the game console market has something to do with Director Choi Min-hyeok?”

“…Director Choi Min-hyeok doesn’t seem to have much to do with it.”

Paul Gosling eventually talked about the KM Electronics training center, which Director Choi Min-hyeok frequently visits, based on this information.

In fact, the content was even more absurd.

Because the $25 billion man was just trying to help the victims of restructuring.

Paul Gosling thought this was another tactic by Director Choi Min-hyeok.

Director Mike Ryan would have called anyone else a “crazy guy!” but frowned at the mention of Director Choi Min-hyeok’s involvement.

However, no matter how much he thought about it, he wondered whether he should be concerned about this.

Paul Gosling rolled his eyes and then told us about Director Choi Min-hyeok’s recent movements.

“It’s Plims. What Director Choi Min-hyeok has done recently is the establishment of a new corporation called Plims. While he was working on this, he suddenly established KM Electronics’ training center. If the two things were unrelated, Director Choi Min-hyeok would not have done such a thing.”

“That’s it.”

Director Mike Ryan couldn’t bring himself to call Paul Gosling a crazy guy. There was a similar situation when he was treated by Director Choi Min-hyeok in the past.

However, he had a lot to do right now. He didn’t want to waste his time on this. But he didn’t plan on ignoring Paul Gosling’s advice either.

‘Surely not. Even so, there’s no way to connect it to Apple, right?’

Still, it was something I didn’t know.

“… leak this information to other investment firms. If Salomon Brothers really discovered something big, everyone would know. Honestly, do we even have to worry about KM Electronics’ training center? That’s not right!”

“…All right.”

Paul Gosling felt like there was something here, but couldn’t bring himself to do it.

Because Director Mike Ryan’s argument was reasonable.

‘But there is something that doesn’t seem right.’

It was Director Choi Min-hyeok’s intention that he thought that way, but he didn’t know that. In fact, it was impossible to know Director Choi Min-hyeok’s intention at this point.

***

Director Choi Min-hyeok saw the direction in which the information flowed afterward, since it was information he leaked.

Then I saw that Morgan Stanley was leaking information so blatantly, so I thought I had confirmed it here too.

“… The world really is small.”

“I guess it’s because the Salomon Brothers name is on it.”

“That’s true, too.”

“I’m a little worried because things seem to be getting too big.”

“Let’s sell our worries.”

“I don’t doubt Director Choi Min-hyeok’s abilities.”

“Your suspicions are correct. Don’t do that.”

“…yes.”

Director Choi Min-hyeok saw that Team Leader Jo Seong-don did not easily look away with suspicion, and he understood it differently from other cases.

“Do you think you will fail like your partner this time too?”

“… I don’t know.”

“Would you like to make a bet? We’ll bet only on stock options. Of course, if you lose, there will be no incentive for the time being.”

“…it’s okay.”

Team leader Jo Seong-don answered coolly.

Director Choi Min-hyeok snickered as he looked at Team Leader Jo Seong-don’s firm personality.

“Now that it’s come to this, if possible, tell them to leak the information quietly. Whether it’s the planning team or the sales team.”

“…yes.”

Team Leader Jo Seong-don sighed as he looked at Director Choi Min-hyeok’s excited face.

He was really curious to see what the outcome would be.

‘I really don’t know about this.’

***

Team Leader Jo Seong-don’s negative thoughts were not entirely unfounded.

It was natural that Director Mike Ryan ridiculed Senior Vice President Kim Hyun-woo’s blunder.

In fact, at this point, it is difficult to find a technical breakthrough.

If this is Director Choi Min-hyeok’s past life.

However, things are now very different from Director Choi Min-hyeok’s previous life. This is because the basic technologies related to smartphones have emerged two years earlier, five years earlier, and in extreme cases, ten years earlier.

Even Director Choi Min-hyeok himself was not aware of this.

Senior Vice President Kim Hyun-woo began the investigation, using the Salomon Brothers nameplate as the lead.

I thought that was certain.

If Director Choi Min-hyeok had another ulterior motive, I thought I could get information from unexpected sources.

So when Salomon Brothers suddenly started researching the game console market, everyone was bewildered.

There was talk that they were actually investing 1 billion dollars, not just research.

Moreover, surprisingly, the source of this information was Morgan Stanley.

Senior Vice President Kim Hyeon-woo also did not even bother to check the source of this information, but simply followed what Director Choi Min-hyeok did and stabbed him.

I thought the more chirashi the better.

Eventually, other investors wondered if they should invest in the console market this time.

There were also PC games.

Online games are also included.

Eventually, the securities company that obtained this information also began to worry.

Executive Director Park Yong-hyeok also obtained this information as intended by Director Choi Min-hyeok.

He grumbled that Salomon Brothers was too much of a stirrer.

‘There’s a report coming out on Wall Street too.’

One media outlet also commented on the future of the game console market.

There is also a KM Electronics training center there.

But Senior Vice President Kim Hyeon-woo also had his own concerns.

Since they couldn’t make a judgment themselves, they secretly leaked information to those around them.

But this was actually not a good thing.

This is because it worked as noise marketing as Director Choi Min-hyeok intended.

In the end, from Director Choi Min-hyeok’s perspective, it was a proper public relations strategy.

Executive Director Park Yong-hyeok was bewildered after receiving information about the aggro that Senior Vice President Kim Hyeon-woo had drawn. He had not received information about the SLT-MP3 itself in the first place.

Thanks to him, he got a prototype of the SLT-MP3 model.

In just one day.

“… This was made by Director Choi Min-hyeok? I can’t understand it. First of all, is it okay to leak such important samples and information, let alone the model?”

Director Jeong Hyeok-su let out a sigh.

“I don’t think so. To be exact, Sehan Information outsourced the work to KM Electronics. However, the various chips that go into it were developed directly by KM Electronics.”

The CPU was manufactured by ARN, and various IPs were manufactured by KM Electronics.

The innovative AC9701 chip was also included. This time, as KM Industries increased its semiconductor equipment, this too went into mass production.

That wasn’t all.

There were also some unusual cases.

“This glass is made of Gorilla Glass, which is made for touch and is said to be scratch-resistant.”

He actually took out a coin and scratched the screen, but there was no sign of the scratches that are commonly found on other models.

“… … !”

Executive Director Park Yong-hyeok opened his mouth wide. He was surprised because it was the first time he had seen something like this. He didn’t even know that something like this was possible.

Director Jeong Hyeok-su also sighed.

“… I would be really surprised to learn that the largest shareholder of Cheoning is Director Choi Min-hyeok.”

“…Really?”

“Oh, because I bought shares last year. That news was on the news. But it’s been quiet since then. At the time, I wondered why Director Choi Min-hyeok bought the stocks, but there was a reason for everything.”

At the time, there was a lot of talk about buying shares in Kerning.