The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 211



Only Noblemtl

#211.

Director Park Jae-ho, who was in a panic, only then realized that the two people were determined.

“Seo, even if that’s the case, do you think things will go your way? Do you think Oseong Electronics will tolerate this? Absolutely not!”

Team leader Oh Hyeon-jong, who is timid but smart, revealed the thoughts he had kept deep in his heart.

“If Oseong Electronics won’t accept it, what other way can we do? The other party is Sizbel, so I think the Oseong kids will try to compromise appropriately.”

“Hey, Dr. Oh, why are you doing this all of a sudden?”

“I have tolerated it until now. But this behavior has crossed the line.”

“… … .”

‘This kid.’

Director Park Jae-ho looked at Dr. Oh Hyeon-jong with a face that was as pale as a stone.

The person who has not said a single word until now is Dr. Oh Hyeon-jong.

But then, at the last minute, he came and hit the back of his head so exquisitely. I wondered if a person could change like this.

“Dr. Oh seems different from anyone I know.”

“Everyone has something they hide. If Director Park hadn’t crossed the line, this problem wouldn’t have happened.”

“Wow, that’s incredible.”

Director Park Jae-ho, who could not even imagine that he would be hit in the back of the head by Team Leader Oh Hyeon-jong, was so angry that he even pointed at himself with his finger and jumped around.

“Hey, Dr. Oh, do you think this lawsuit will be over in a day or two?!”

But Team Leader Oh Hyeon-jong grumbled with an indifferent expression.

“That’s why it’s even more problematic. If the lawsuit drags on, the satellite broadcasting business will be halted, and Oseong Electronics will suffer huge losses. Furthermore, will the Ministry of Information and Communication, which has already poured hundreds of billions of won into this matter, just sit back and do nothing?”

“If that’s the case, then anyway… … .”

Dr. Oh Hyeon-jong, who had already made up his mind, cut off Director Park Jae-ho in the middle of his speech.

“Even if the lawsuit drags on, the patent holder won’t suffer much. Rather, only ETRI, Oseong Electronics, and the government will suffer a fatal blow and suffer from various lawsuits. Will Director Park take full responsibility for this?”

“… … .”

Director Park Jae-ho also assumed the worst case scenario and realized that the company that would suffer the most damage was, surprisingly, Oseong Electronics, which had invested the most in this project.

Furthermore, he told the Ministry of Information and Communication sweet stories about this satellite broadcasting project. He targeted the civil servants’ tendency to just let it go once the results came out.

However, if it escalates into a lawsuit, let alone a result, it would be a different story.

If there was an article in the press saying that the Korean government was being sued on a large scale by Sizbel, it would be difficult for him to survive.

No, the problem wasn’t quitting ETRI, but that I might face retaliation from the government.

‘The cubs of this kill.’

However, Director Park Jae-ho, who still could not give up his power, gritted his teeth.

“Even if that were true, do you think the other researchers would defend you two?”

Dr. Ahn Hyun-jong grumbled while leaning back on the sofa.

“You just have to rationally explain to them the results of this study. After all, this is a field where the best are the best, right?”

But Director Park Jae-ho was stubborn.

“Huh, things won’t go your way. I’ll meet with the person in charge of the government and I won’t let it go that way!”

“Please don’t do useless things. Even if Oseong Electronics or the government knew about it, nothing would change. Since this result has already come out, they have no choice but to accept this result.”

“That will never happen!”

Team Leader Oh Hyeon-jong chuckled as he watched Director Park Jae-ho leave in anger.

Rather, Team Leader Kim Seung-gu, who discovered a different side of Team Leader Oh Hyeon-jong while watching the conversation between the two, stuck out his tongue.

“Oh, I’m really surprised that Team Leader Oh would say something like that.”

“Can’t you just live with this?”

“No, that’s not what I meant… … .”

Team leader Oh Hyeon-jong shrugged.

“Surely I don’t have any pride. I’ve endured it until now, but I can’t stand it anymore.”

“I see. But isn’t it possible that Director Park Jae-ho might do something strange?”

Team leader Oh Hyeon-jong also acknowledged that part.

“I think it would be better to talk to Director Choi in advance.”

“Can we trust Director Choi?”

“According to my recent research, he is much better than Director Lee Chang-myeong. The most important thing is that the owner of the satellite broadcasting system shares is Director Choi Min-hyeok. We cannot go against Director Choi.”

“That’s true, but… … .”

“There is talk of a false name, but the person who owns the majority of KM Electronics’ shares is Director Choi Min-hyeok. If it’s to that extent, it should be okay.”

“But is it really true that Director Choi Min-hyeok is the real owner of KM Electronics?”

“I also thought that Director Choi Min-hyeok was like Ahn Ji-yeon, who received shares of Oseong Electronics as a gift due to the management of shares in another person’s name, but Director Choi seems to be a bit different.”

“I see. In that case, I think it would be a good idea to tell Director Choi about the situation.”

“That’s right.”

Team Leader Oh Hyeon-jong didn’t show any particular emotion on the outside. No, in fact, he approached this issue very cautiously.

‘There’s no need to get hit by a bomb for no reason.’

* * *

Choi Min-hyeok also snickered after receiving a call from Team Leader Oh Hyeon-jong regarding Director Park Jae-ho.

However, Team Leader Jo Seong-don spoke with concern, recalling the recent Walmart incident.

“Isn’t this making too big of a deal?”

“No, things are going according to plan.”

Team Leader Jo Seong-don also knew that Choi Min-hyeok’s words were not just empty words.

In addition to Sales Manager Kim Bu-young, the attitudes of all the staff members who attended the last MP3 meeting have changed. Unlike before, they approached their work with a confident attitude.

If the staff below you feel anxious, press on them.

Even if it seems like a one-sided action, I realized that there was something going on as long as the employees weren’t stupid.

Because we’ve all experienced it at least once during the Collins incident.

However, since I didn’t know the inside story, only various stories were floating around.

If anything, it has spread that something is going on in a research lab that was recently established within the headquarters.

The problem is that Director Jang Seung-il has been contacting me a lot recently, and an employee in the Planning and Coordination Office has been meeting with his coworkers at bars frequently.

Contrary to outside views, the person inside KM Group was also a burden to KM Electronics executives and employees.

As team leader Jo Seong-don, he felt uneasy because he kept hearing all kinds of things.

“Recently, unlike in the past, the Chairman has been continuously observing the director’s management activities through Director Jang Seung-il.”

“It’s only natural, since he’s a candidate for management succession. I need to know him in order to evaluate him.”

“But it’s hard to simply see it that way.”

Choi Min-hyeok grumbled as he recalled CEO Oh Young-geun’s mediation proposal.

“Well, just like before, Grandpa may think differently. But even if he does, it doesn’t mean much. What else do you care about among KM affiliates besides KM Industry and Construction? Do you say such things even though you know the market capitalization of KM Electronics?”

“…That’s true, though.”

Team leader Jo Seong-don also couldn’t say anything. As of now, KM Electronics’ stock price does not include the value of MP3 at all. If MP3 was released and the MP3 market grew in earnest, he didn’t even know how high KM Electronics’ stock price would go.

Choi Min-hyeok snickered at Team Leader Jo Seong-don’s boring behavior and said one thing.

“If we talk about selling the TV division from the beginning, Osung Electronics will have a lot to think about. However, if we give a little bit of information about our relationship with a global distributor like Walmart, the situation will change. For Osung Electronics, which was a benefactor to Walmart, how sweet would our TV division be?”

“Are you saying that the Walmart work and the ETRI work are preliminary suspensions for the sale of the TV division?”

“Yes. Right now, we’re only investigating the Walmart contract, but when we turn around, it’s a different story. Oh Sung Electronics itself couldn’t do it. If other major companies get this information, they’ll be interested in the TV division.”

“… … .”

Team Leader Jo Seong-don had no idea that the company was already considering selling the TV division. Unlike in the past, he did not unconditionally oppose the sale of the TV division.

“In fact, Fujitsu alone has invested close to 150 billion won this year to enter mass production of wall-mounted PDP TVs.”

Fujitsu has decided to focus solely on PDP TVs for the next three years and make astronomical investments, following the example of its competitors, including Hitachi.

Of course, Choi Min-hyeok and Team Leader Jo Seong-don looked at him with strange eyes and grumbled.

“That’s not necessarily true, but it is true that PDP TVs attract other people’s attention. Well, it’s probably a big mistake for Japanese companies.”

“… Do you think it will fail?”

“Consumers are not stupid. They will become increasingly disappointed with PDPs, which have many fundamental problems, including lifespan issues. So, as time goes by, the PDP market will inevitably collapse.”

To be exact, the Japanese company’s investment in PDP was a huge failure that would be recorded in world economic history, but Choi Min-hyeok did not bother to go into such details.

Team leader Jo Seong-don, who was quite quick-witted, made a rough guess and recalled Choi Min-hyeok’s usual praise for LCD.

“So you’re saying that LCD is the answer. However, based on what our planning team has reviewed, it is still unable to overcome the fundamental limitations of liquid crystals.”

Minhyuk Choi recalled all the memories related to LCD for a moment, but soon shook them off.

“You’ll know later.”

Team leader Jo Seong-don also didn’t pay much attention to the LCD business because it was far from his own business. He realized that Choi Min-hyeok was putting a lot of effort into the MP3 business.

I met Team Leader Choi Byeong-yeon and had a long conversation about the MP3 business, and unexpectedly, he said that the MP3 business was more valuable than Collins.

‘It was truly amazing.’

It was still surprising that Team Leader Choi Byung-yeon, who created Collins, chose MP3 now. It seemed like Choi Min-hyeok kept his promise that Team Leader Choi Byung-yeon would choose MP3 on his own.

However, it was not without problems.

“Even if MP3s are successful in the domestic market, will they really sell in foreign markets as well?”

Choi Min-hyuk smiled brightly.

“That’s the problem. MP3s aren’t yet a big trend. It’s a problem that will be solved over time, but we need to find another alternative. They say that the times create heroes, but if that doesn’t work out, we can just create the times. Then, the hero called MP3 will be born naturally. That’s why we need to get rid of other businesses that don’t make money.”

“… You mean the satellite business division?”

Team leader Jo Seong-don couldn’t bring himself to refute Choi Min-hyeok’s absurd ambitions. This is because Choi Min-hyeok is truly creating the MP3 era.

“yes.”

“I see.”

Team leader Jo Seong-don, who recently recalled the ETRI and Walmart incidents, looked at Choi Min-hyeok with surprised eyes. At first glance, it seemed like it had nothing to do with MP3, but it was all connected.

Choi Min-hyeok grumbled with a smile full of conspiracy.

“To be honest, the Lee Il-tae deal is just a taste. However, it would be difficult to hand over the satellite business unit at a cheap price. However, there is also the STB sale, so this time we need to properly package and hand over the satellite business unit in a way that is attractive. That way, Oseong Electronics will be more interested.”

“Is it worth it?”

“Satellite broadcast decoders are a small business, but satellite broadcast systems are a different story. They will probably be quite profitable.”

He didn’t even say, “Or else.” or “We don’t have to worry about the sale price.”

Team Leader Jo Seong-don also understood it now.

“okay.”

“I don’t know about the other side, but it’s a different story for DL ​​Group, our brother-in-law’s company that is trying to focus on telecommunications networks.”

Team Leader Jo Seong-don stuck out his tongue as he recalled the story he heard when he met with Director Jang Seung-il.

“I heard that the person who said something strange to the chairman was DL Group Chairman Park Sang-gu. I guess that’s what it means.”

“As I said before, especially DL Information and Communications’ Kim Hyun-tak, the head of the headquarters, will rush to attack even if the company is Oseong Electronics if he finds out about the satellite business system.”

“… Are you trying to cause discord between the two companies?”