The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1152



Only Noblemtl

1152.

But as time passed, the rumors died down.

Director Choi Min-hyeok didn’t have anything special to show.

Executive Director Park Yong-hyeok couldn’t open his mouth for a while. He just stared at Manager Jeong Hyeok-su’s mouth.

“… Honestly, I don’t know where this information came from. If it was the Director Choi Min-hyeok that I know, it would have been leaked intentionally, because he doesn’t release this kind of information.”

And that too internationally.

KM Electronics’ Education Center article was also featured in the Washington Post.

It was a ridiculous story.

“Are you saying that Director Choi Min-hyeok leaked it intentionally?”

“Hear it for yourself.”

Director Jeong Hyeok-su summoned several of his staff members.

The explanation they gave was very simple.

What’s important is not the platform itself, but the OS and application apps. In fact, they also showed the development tools.

They delved into more specific and detailed aspects with Senior Vice President Kim Hyeon-woo.

“Honestly, if the person who developed this technology is a small or medium-sized company, they can just bury it. They can just cleverly acquire it using an appropriate company.”

Even after speaking, he averted his gaze as he received the cold stares from those around him.

It was too blatant.

Eventually another engineer stepped in.

“… But that can’t be possible because the main character is Director Choi Min-hyeok. No, I think it’s already too late.”

There is already talk of SLT-MP3 in the stock market.

Then the change happened at the development company.

As soon as I got this information, I started developing an LCD type MP3 at the same time as my existing development.

In fact, considering that Director Choi Min-hyeok will launch wireless LAN and CDMA models separately in the future, the market is not so bad.

As a bridge in the smartphone market ecosystem.

There was a bigger problem.

“… Surely this isn’t connected to Plims? No, what I mean is, Director Choi Min-hyeok was talking about Plims until recently. Isn’t there some kind of connection to the fact that he suddenly changed direction to this?”

“That’s the problem. I guess we need to revisit this.”

“… Are you saying that we need to set up a new business office?”

“Because even if we don’t do it, we can outsource it.”

“…Okay. Upload the report.”

But I didn’t have time to receive the report and review it.

That’s because I unexpectedly received a call from a certain person.

‘Paul Gosling? Are you talking about the Paul Gosling from Morgan Stanley?’

***

Executive Director Park Yong-hyeok and Paul Gosling are difficult to know as they are the HY Electronics Planning Directors. However, they are somewhat familiar with him as he is a member of the HY family.

However, they were not close enough to keep in touch.

But that didn’t mean I could ignore it.

First of all, I was curious as to why an executive from Morgan Stanley, a global investment firm, had contacted me.

The reason was simpler than expected.

The article he handed me was the answer.

[LC Electronics Purchases Han River Water for $200 Million!]

Surprisingly, it wasn’t the domestic media.

It was an article from the Washington Post.

The content was not about the Han River, but that LC Electronics poured 200 million dollars into purchasing a 1% stake in Plims.

The article surprisingly goes on to list the reasons why LC Electronics made such an absurd decision.

The first is IPS-LCD.

The second was the technology related to the animation platform that lagged behind Oseong Electronics.

LC Electronics was further caught copying KM Electronics’ technology, although it was an unofficial citation.

There was even an article mentioning development tools, which have recently become a topic of conversation.

The detailed information is the final conclusion.

Even so, it was absurd.

“…What is this.”

Paul Gosling got into the car, saying hello or no, and waited for Executive Director Park Yong-hyeok to come to his senses.

Chief Jeong Hyeok-su called here and there to confirm the truth of the article.

“… That’s right. LC Electronics also said they had no choice. They seem to have become nervous after seeing Director Choi Min-hyeok getting too close to the Oseong Group.”

“… Were you worried that KM Electronics’ original technology would be unilaterally transferred to Oseong?”

“Yes. The $6 billion acquisition of the Collins division is already a done deal. I think they thought there would be no answer if they fell behind in the Plims competition.”

Executive Director Park Yong-hyeok hesitated for a moment with a pale face. He recalled the delay in the acquisition of Oseong Motors in relation to the acquisition of the Collins division.

It was reported to the public that the intention was to lower the acquisition price of Oseong Motors, but that was not the case.

Because I’m trying my best to steal Annie’s free-roaming skills.

So, Executive Director Park Yong-hyeok looked at Paul Gosling with a more serious expression.

“It’s information you should know anyway, but I don’t think you contacted me to tell me this.”

“Please give me some guidance. I don’t know much about the Korean corporate situation. Furthermore, I’ve only heard rumors(?) about Director Choi Min-hyeok.”

Executive Director Park Yong-hyeok ended up laughing in vain. Paul Gosling had finally gotten scared and called Director Choi Min-hyeok for help.

“Of course I should do that much. But what would you like to look at first?”

“KM Electronics Training Center.”

“… KM Electronics’ training center, really, it’s a place with a lot of talk. I was planning to visit it anyway. I’ll make time for it.”

“…thank you.”

Paul Gosling even bowed his head. It wasn’t because he wanted to. He had met the HY Group from a higher level.

However, it wasn’t the working-level staff.

But I’m so out of it right now that I can’t even tell my superiors.

To be exact, it had to go through Director Mike Ryan, but it didn’t seem like he would approve.

But if things went the way they did last time and there were problems, his career was over.

It couldn’t be overlooked like that.

So, I hastily compiled information about the staff and took a picture.

At least someone I can communicate with.

***

Executive Director Park Yong-hyeok had been in constant communication with Director Choi Min-hyeok about the Oseong Automobile issue. He did not want to cause any unnecessary misunderstandings with Director Choi Min-hyeok.

He expressed his desire to visit KM Electronics’ training center under the pretext of development tools.

Director Choi Min-hyeok tilted his head, but since there was no reason to refuse, he agreed for the time being.

Training on development tools will also ultimately be handled by some of KM Electronics’ training centers.

I thought it was done as a preliminary check for the app business.

Paul Gosling acted as an engineer scouted under Managing Director Yong-hyuk Park.

It wasn’t particularly difficult.

However, he too was shocked after visiting KM Electronics’ training center.

I didn’t know the facilities would be this good.

That is understandable, as Director Choi Min-hyeok did not spare any investment in the training center as part of the company’s welfare.

There is a saying that the only thing left in KM Electronics is money.

It was only a few tens of billions, no, hundreds of billions that could be covered as interest expenses.

“… Is this the extent of Korean corporate welfare?”

Executive Director Park Yong-hyeok sighed at the absurd remark.

“Are you saying that now? You yourself admit that it doesn’t make sense, right?”

“…sorry.”

Paul Gosling didn’t really object to Executive Director Park Yong-hyeok’s nagging.

It was so shocking.

Additionally, I was able to get some training on development tools.

This was a preliminary work done before selling the Choi Min-hyeok development tools.

Fortunately, I couldn’t see Director Choi Min-hyeok.

He is not a man of leisure. He did not have time to meet with anyone who was rushing to sell his 1% stake in Plims.

Paul Gosling was convinced that Director Choi Min-hyeok was doing something unusual. He thought the sale of Plims shares was a sign of that.

‘I guess I’ll have to create a separate team. But I don’t know if Director Mike will allow that. He hates things related to Director Choi Min-hyeok.’

***

Paul Gosling’s concerns didn’t end with mere speculation.

Director Mike Ryan criticized Paul Gosling for going to Korea.

He believed in the power of Nintendo and Sony.

The two were fighting until blood was flowing out, and I thought that Director Choi Min-hyeok would have nothing to gain by intervening.

However, he did not reject all of Paul Gosling’s offers.

First, the personnel were allocated.

Paul Gosling breathed a sigh of relief at that alone.

Instead, he asked Executive Director Park Yong-hyeok to do this job.

Park Yong-hyeok, who accepted Paul Gosling’s request to monitor Director Choi Min-hyeok, only understood the meaning of SLT-MP3 after using it for nearly a week. No, it seemed like he understood. Only then did he realize the value of the development tool.

But even so, it was difficult to shake off negative thoughts.

In fact, it didn’t seem like Osung Electronics would succeed even if it created this kind of ecosystem.

However, I couldn’t forget that Paul Gosling came all the way to Korea to see KM Electronics’ training center.

Especially his facial expression.

Director Choi Min-hyeok certainly lived up to his reputation.

‘The story is completely different.’

He further thought that it was doable only after he tried playing a dungeon defense game.

But I’m not a game fanatic.

Wouldn’t it be a little different for ordinary people?

Only then did he check the information related to SLT-MP3 one by one.

It wasn’t information that necessarily needed to be secured.

Because KM Electronics disclosed all the information on its own.

Of course I knew it was an ulterior motive to sell development tools, but it was still an offer I couldn’t refuse.

‘Because illegal copying is not allowed.’

We have laid the foundation to allow for easy payment by card.

All domestic card companies have also entered the market.

It’s not like they want to be like this.

At first, I thought about pressuring Director Choi Min-hyeok to get favorable terms.

But BC Card had already been around for a long time.

There are no games for sale, but rather the system came first.

Executive Director Park Yong-hyeok laughed in vain before eventually contacting HY Automobile.

I was thinking of using this information to put pressure on him.

But there was no need to do that.

The atmosphere at HY Cars was not good.

Of course there was a reason.

Originally, it was GM’s fault that HY Automobile passed on field information ahead of GM.

The intention was to steal the technology and develop it ourselves.

In fact, we recruited the best engineers in Silicon Valley.

Dr. Pablo Russen, that is.

However, there were limitations to the information that could be extracted through reverse engineering.

Even things didn’t go that way.

Rather, it was the opposite.

GM still had some concerns and did not hand over important field technologies related to automobiles.

HY Automobile decided to betray and handed over all the really important driving information.

Based on this technical practice, Dr. Lee Ji-soo acquired previously overlooked automotive technologies.

In the midst of her busy schedule, she gained all the experiences she wanted to gain by coming to Korea.

Thanks to this, autonomous driving technology has made great strides.

It wasn’t an advancement in autonomous driving itself.

To be precise, it was the development of automobile control systems.

Some of these technologies have immediate commercial application.

This is a function to monitor surrounding vehicles through animation.

This feature could have prevented accidents in advance.

Of course, integration with other multimedia devices is included.

For example, SLT-MP3.

Chief Eugene Su was particularly shocked.

“Oh my god, you’ve already prepared it.”

“Didn’t you know?”

“Honestly, what do we think about this? Rather, HY Electronics should review it and pass on the information!!”

This is an absurd claim.

However, he did not express anger just for the sake of anger.

“… What do you plan to do?”

Chief Eugene Su fidgeted, unable to hide his embarrassment.

He also heard some information from those who were watching Dr. Lee Ji-soo from close range.

I had no idea.

Dr. Lee Ji-soo looks like a beauty on the outside.

I never thought there might be another reason.

Only then did he realize, “Oh no.”

In the end, I was in such a hurry that I left without even being able to speak properly to Executive Director Park Yong-hyeok.

‘Ha, so that’s how it ends up going.’