The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 222



Only Noblemtl

#222.

But the fundamental problem that delayed the satellite broadcasting service was that the receiver manufacturers did not keep their promises. They released receivers with poor performance even after satellite broadcasting became available.

However, the receiver manufacturer also had a lot to say about this. The performance of the satellite broadcasting system itself released by ETRI was so poor that it was impossible to conduct a proper experiment.

During this time, it was not easy for broadcasters to provide content in their own way.

No company wanted to put its content first on a digital satellite broadcasting system that was not performing well.

There was also noise surrounding the selection of a digital satellite operator.

The government excluded large corporations, but the corporations lobbied until the end.

Of course, when the large corporations realized that there were many problems with ETRI’s satellite broadcasting system, they backed out.

However, the Oculus project was different from the system used in Choi Min-hyeok’s first life.

Simply put, it is a commercial system that makes money.

Director Lee Chang-myeong looked at Director Park Jae-ho because he had no idea about the inside story.

“Director Park, what on earth does that mean?”

Director Park Jae-ho, who pulled his hat down low in embarrassment, gritted his teeth. He was indignant that all the achievements he had made had been taken away.

Even though the system that was destined to fail because of him changed, he was the captain of the ship.

‘This is fucking shit.’

Director Lee Chang-myeong looked coldly at Director Park Jae-ho, who did not answer his question.

“Director Park, do you also find what I say funny?”

Director Park Jae-ho, who had only just come to his senses, waved his hand urgently.

“That, that’s it. Actually… … .”

Director Park Jae-ho knew better than anyone what Dr. Oh Hyeon-jong meant. That is why he could not answer Director Lee Chang-myeong at this point.

Director Lee Chang-myeong looked at Manager Ahn Gook-ho, looking annoyed.

Director Ahn Gook-ho also didn’t know the details.

“… Perhaps all the common standards we worked on will become meaningless.”

“That’s not a big deal, is it?”

“Oh, that decoder was already pre-made as a sample… I guess we’ll have to make it all again.”

“The quantity won’t be that large, right?”

“… That would be okay.”

To be exact, they produced about 100,000 units as the initial quantity. This was an excessive effort to gain an upper hand in targeting satellite broadcasting subscribers.

This number was also derived by taking into account 700,000 subscribers.

Director Ahn Gook-ho did not even mention that all of this happened because Director Lee Chang-myeong gave unreasonable orders to kill Director Choi Min-hyeok.

He closed his eyes.

“…100,000 units.”

Director Lee Chang-myeong, who was greatly shocked, also did not reprimand Director Ahn Guk-ho in a dazed state. He belatedly recalled the instructions he had given. At that time, Director Choi Min-hyeok was so crazy about revenge that he ran wild without thinking about the consequences.

It was an unreasonable result that took losses and was carried out despite opposition from many people in order to dominate the decoder market.

There was a more serious problem.

This is because Daewoo Electronics, including LC Electronics, agreed through negotiations to follow the common standards of Oseong Electronics.

In fact, the executives of LC Electronics, Daewoo Electronics, and HY Electronics who attended this presentation were looking at him with eerie eyes.

Eventually, Director Lee Chang-myeong’s anger exploded.

[Oh, this is driving me crazy. Does that make sense? We’re just going to let those ETRI guys do whatever they want? No, at this scale, shouldn’t they change things?!!]

The sound of resentment was so loud it shook the entire concert hall.

Dr. Kim Moon-ho hesitated in surprise.

Everyone who participated in the presentation looked at Director Lee Chang-myeong.

There were many meanings contained in that gaze.

There were even people who laughed at it and said it was ugly.

Team Leader Oh Hyeon-jong stood up again and answered in place of Dr. Kim Moon-ho.

[We’re not changing because we want to change. If we continue the old way, we’ll have to pay astronomical amounts of money in lawsuits. The more important thing is that it’s not a licensing issue. This new Oculus system solves all the existing problems.]

It was a problem with the decoder of Osung Electronics that was just hit and run.

Now, the number of people who readily agree with Team Leader Oh Hyeon-jong’s words has increased.

Team leader Oh Hyeon-jong spoke with a voice full of confidence.

[If you work with the old system, it will take years to get proper results due to decoding issues. Considering the cost, it is wise to start over now.]

-That’s right.

-Dr. Oh, that’s similar to what you said.

-You ignored me even though I kept telling you until your ears were sore. If we work with this garbage system, only ETRI will be caught in the middle and get destroyed, and you told me not to worry about that damn government, but you didn’t listen.

-Director Park Jae-ho had a lot of problems. It’s because of that guy that things ended up like this.

The story of the complaints that a few people started naturally reached the ears of the researchers who attended the presentation. As each person began to express their complaints, those who had kept quiet about Director Park Jae-ho’s tyranny also spoke up one by one.

In the end, all responsibility was placed on Director Park Jae-ho.

Director Park Jae-ho, who was ready to step forward if the opportunity arose, pulled his hat down even lower. He realized that if he stepped forward in this situation, he could be crushed.

Team Leader Oh Hyeon-jong dismissed the idea with cold eyes, looking at Director Lee Chang-myeong and Director Park Jae-ho sitting next to him.

[The Ministry of Information and Communication probably won’t like it either. Someone has to take responsibility for this. So there’s no other alternative for now. Oculus is the best option for now!]

Team leader Oh Hyeon-jong did not even say who owned the modified system. He only vaguely said that ETRI researchers joined forces to overcome the crisis.

“… … !”

Only then did Director Lee Chang-myeong realize the seriousness of the situation, even though he didn’t know anything about technology.

He looked at Park Jae-ho and Manager Ahn Gook-ho alternately with eyes full of life.

The two people lowered their faces and could not bear to meet Director Lee Chang-myeong’s gaze.

Director Lee Chang-myeong gritted his teeth at the harsh stares from those around him. He was angry that he had lost his original purpose by talking nonsense and had become a complete sight at the zoo.

When he realized that this matter was already over, he belatedly looked at Choi Min-hyeok, who was sitting right across from him.

Choi Min-hyuk made a pistol shape with his fingers and fired a bullet.

bang.

And he smirked while blowing bullet smoke.

A relaxed attitude as if you know all the facts.

Director Lee Chang-myeong also realized belatedly who the mastermind behind this incident was.

‘It’s that dog.’

Director Lee Chang-myeong also thought that he could interfere with KM Electronics through Director Lee Il-tae. However, he never imagined that he would be hit in the back of the head by ETRI.

I held back my anger, conscious of the stares of everyone in the conference room.

“Team Leader Ahn, how much is our loss?”

“that is…….”

Manager Ahn Gook-ho, who was fidgeting and sweating profusely, couldn’t bring himself to answer. If all the common standards were gone, all the research done at Oseong Electronics would be nothing more than scraps of paper.

The money spent so far to pressure Choi Min-hyeok was nothing compared to this.

“Fuck.”

Director Lee Chang-myeong eventually couldn’t stand the attention of those around him and got up from his seat to leave the conference hall.

* * *

After the presentation, Choi Min-hyeok shook hands with the staff and people involved in leading this research as if he were the Minister of Information and Communication.

They were as polite as if they were standing before the president.

Even those who didn’t know the inside story knew that the person who took the lead in this presentation was Director Choi Min-hyeok.

Everyone bowed their heads to Director Choi Min-hyeok.

‘You hit the nail on the head.’

He already knew that Director Choi Min-hyeok was up to something, but the results that were revealed were beyond his imagination.

Kim Hyeon-tak, the head of the headquarters who had arrived late to the presentation and was observing the atmosphere of the venue, stared blankly at Director Lee Chang-myeong as he disappeared, beaten to death.

He rolled his head as he looked at the Oculus presentation hall that was beyond imagination. DL Information and Communications had already re-identified the problems of this satellite broadcasting system with the help of the DL Group Planning and Coordination Office.

Overall, I was pessimistic about the quality of the ETRI broadcasting system. The Ministry of Information and Communication’s passive response was also a problem.

None of the issues with the Integrated Broadcasting Act were easily resolved.

But things have changed.

Chief Kim Hyeon-tak locked eyes with Director Choi Min-hyeok for a moment, then immediately stood up.

He got into his car, which was parked in the parking lot, and thought back to the presentation he had just given.

Everything related to digital satellite broadcasting was being reexamined from scratch.

In addition, the Ministry of Information and Communication’s working-level staff came to the presentation and listened with serious faces.

The story is that it is not something you can just come and look at.

“Surely the Ministry of Information and Communication won’t really push ahead with the digital satellite project?”

Chief Park Tae-jeong, who was quickly looking over the investigation files, also had difficulty opening his mouth.

This is because all the assumptions reviewed by the DL Information and Communication Planning Office were different from those investigated.

“Look, Director Park, I’m not here to hold you accountable. Director Lee Chang-myeong was kicked out like a dog that had been beaten with a stick. So just tell me the truth.”

“… It’s very different from what we investigated. We’re still not sure how well the Oculus project has performed. However, if it’s as Team Leader Oh Hyeon-jong claims, things will change a lot in the future.”

“Are you saying that decoders, or rather satellite receivers, can have commercial value if they become more efficient?”

“Yes. If that happens, the broadcasting stations’ response will also change. They have also continued to invest in digital broadcasting. The current domestic demand for satellite broadcasting subscribers is not bad, so satellite broadcasting may become paid sooner than expected.”

“If that happens, roughly how much will the satellite broadcasting revenue be?”

“A market of about 1 trillion won will open up. But it doesn’t end there. Oculus can also be sold as a solution. It would be meaningful even if it only serves the Middle East or East Asia.”

Satellite solutions differ significantly from other electronic products in several ways.

It also implies innovation for the company. After all, selling satellite broadcasting systems was more meaningful than making and selling refrigerators.

It was an opportunity to immediately increase the value of the corporate brand.

And this is something that DL Group Chairman Kim Sang-goo used to say over and over again, not only during executive board meetings but also when eating with his family at home.

Chief Kim Hyeon-tak swallowed dry saliva and, feeling his insides burn, drank an entire bottle of cold water on the spot.

At this point, it didn’t matter whether Director Choi Min-hyeok had planned this or not. The Oculus project itself was important.

‘I have to eat this!’

First, I calmly checked the current situation.

At first, Director Choi Min-hyeok immediately came to mind as an obstacle.

“Won’t that bastard Choi Min-hyeok cause trouble?”

However, Director Park Tae-jeong, who had already conducted sufficient prior research, was confident in this area.

“It doesn’t matter how much Director Choi Min-hyeok is involved. The government, broadcasters, consortiums, and large corporations are all involved, so he can’t eat it all by himself.”

“Yes, that’s right. This satellite project itself is a large-scale project in which the Ministry of Information and Communication invested over 300 billion won. That investment is not the end. Instead, since he played a leading role, Team Leader Oh Hyeon-jong seems to be humble.”

But the problems don’t end there.

This is Director Lee Chang-myeong.

The presentation hall was a total mess today, but I won’t back down easily.

“Surely Director Lee Chang-myeong won’t file a lawsuit against ETRI?”

“That may be the case, but if the negotiations go well, it won’t go that far. And Team Leader Oh Hyeon-jong is not stupid, so he won’t go to such extremes. Furthermore, since the Ministry of Information and Communication is involved, mediation will happen automatically.”

“Yes. So, even if various problems arise, this business will run smoothly. But what about the integrated broadcasting law?”

“Those who share the shares will each lobby for that. Then, the enactment of the integrated broadcasting law is possible within this year.”

A situation that is resolved smoothly.

Chief Kim Hyeon-tak was also speechless.

“Ha, this is no joke.”

But when he realized that this business was really profitable, he sighed as he anticipated Oseong Electronics’ response.