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The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 224

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  2. The 3th Generation of the Chaebol Wants to Live Quietly
  3. Chapter 224
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Only Noblemtl

#224.

Manager Cheon Seon-gu was worried about whether he would be able to survive in a corner of the Oseong Electronics Research Institute.

But then, Senior Vice President Kim Hyeon-woo suddenly appeared and gave instructions to look into the lawsuit regarding ETRI’s satellite broadcasting business.

It was so absurd, but after hearing the inside story, I clicked my tongue.

“I understand the conflict with ETRI. But I’m not sure if it would be okay to sue ETRI.”

Senior Vice President Kim Hyun-woo was not unaware of that. No, he gritted his teeth as he recalled the memory of what happened to Director Lee Chang-myeong.

‘You’re obviously trying to use me to your advantage, right? But it won’t work out the way you want.’

“If a formal lawsuit is filed, then yes, but if not, then it doesn’t matter.”

“But if something goes wrong even just once, wouldn’t it be a big deal?”

Senior Vice President Kim Hyeon-woo gritted his teeth as he recalled the persistent Director Choi Min-hyeok.

“Again, the key is to pretend to fight ETRI. In reality, the satellite broadcasting business is also related to the Ministry of Information and Communication, and it is one of the government policy projects. If you make good use of that, you can gain a lot.”

Manager Cheon Seon-gu had many similar experiences while working in the KM Electronics STB division, so it was only then that he realized Senior Manager Kim Hyeon-woo’s intentions.

“Well, if we just make good use of the Ministry of Information and Communication and ETRI, we can easily secure one joint project, so I think that’s not a bad idea.”

“Yes. That’s why we have to be more careful. On the contrary, if we mess up this satellite project and provoke it, we’ll be stamped out by the Ministry of Information and Communication.”

Chief Cheon Seon-gu’s face turned pale as he thought about the worst-case scenario.

“Of course I will be careful. They are the ones who put pressure on the higher-ups of the Oseong Group.”

“So, we need to make it clear to the other side that this is a suitable lawsuit. If we can create a good atmosphere of conflict, we can use it as an excuse to strengthen our position. If we get the chance, we can also get involved in this satellite project.”

“…All right.”

“Manager Chun, think carefully. There are many things involved in this satellite broadcasting project. If we resolve it well, we can maintain good relationships with ETRI and the Ministry of Information and Communication. You have to look at it from that perspective. So don’t just focus on the lawsuit.”

He inwardly stuck out his tongue at Senior Vice President Kim Hyeon-woo’s remark.

“If it’s just for show, then there’s no problem. I just don’t know the details. You said that Director Choi Min-hyeok was involved, but the evidence isn’t clear.”

Senior Manager Kim Hyeon-woo snickered at the sight of Manager Cheon Seon-gu still looking uneasy.

“I’ll meet with Director Lee Il-tae and find out how much Director Choi Min-hyeok is involved, so don’t be too anxious. If you know the trick Director Choi used, you can properly retaliate against him for this incident.”

“…yes.”

Chief Cheon Seon-gu inwardly stuck out his tongue at Senior Vice President Kim Hyeon-woo’s words. He was simply astonished that Senior Vice President Kim Hyeon-woo was trying to profit by interfering in the failed satellite business.

‘Well, I guess I have to do something like this now.’

* * *

Senior Vice President Kim Hyeon-woo contacted Director Lee Il-tae and met him at a high-end Korean restaurant in Seoul.

Director Lee Il-tae looked completely different than before. He was very flustered because the matter he had contacted through Director Jang Seung-il had not been resolved properly.

Director Jang Seung-il’s actions were erratic and had no standards.

What’s more absurd is that there was no response at all.

Senior Vice President Kim Hyeon-woo ended up chuckling after taking a sip of alcohol.

“It’s probably because of the Oculus project. KM Group is also quite interested in this business. No, actually, I think it’s more than that.”

“But why aren’t you telling me anything?”

“It’s ambiguous. The satellite business division focuses only on the receiver side. It would be a headache to talk to someone like you who doesn’t know much about the projects being carried out by ETRI.”

“under.”

Director Lee Il-tae, who had been cursing inwardly, only then realized what was going on. He had no idea that his work was related to ETRI.

Suddenly, he remembered the satellite business division he had been managing.

In a way, satellite receivers and cable STBs were in line with the TV business division. That is why KM Electronics had two business divisions.

However, Director Choi Min-hyeok unilaterally sold the STB division.

“In retrospect, it wasn’t about selling the STB division.”

“It’s all in the past.”

However, Senior Vice President Kim Hyun-woo regretted selling the STB division so late. If not, he would not have done such a stupid thing under a psychopath like Director Lee Chang-myeong.

No, the resentment towards Director Choi Min-hyeok came back to me again, and I clenched my teeth.

Director Lee Il-tae asked cautiously.

“So what is the current situation at ETRI?”

Senior Vice President Kim Hyeon-woo was also in a desperate situation, so he told Director Lee Il-tae about the Oculus project.

“I’m sure you’ve heard of the Oculus Project, which is a business related to satellite STBs (satellite receivers).”

“I don’t know. We only dug into the satellite receiver side. ETRI didn’t properly pass on information to us regarding the system side.”

“Is that so? Well, that could be the case.”

Senior Vice President Kim Hyun-woo, who was frustrated, fully understood Director Lee Il-tae’s reaction. Because of KM Electronics’ position, ETRI was also treated coldly.

ETRI was a place that dealt with major companies such as Oseong and HY Electronics.

So it was not strange that KM Electronics was looked down on.

It was like they were telling me to just take what I gave them.

When Senior Vice President Kim Hyeon-woo realized that Director Lee Il-tae had no idea about the situation, he sighed and told them what he had investigated and deduced.

As the explanation progressed, Director Lee Il-tae just listened blankly with a bewildered expression on his face.

“I can’t believe it.”

“There is no need to say more since Director Park Jae-ho, who was in charge of ETRI’s satellite business, has resigned. There are already articles about this. Currently, because of this incident, our Oseong Electronics… … .”

Director Lee Il-tae also listened with a stern expression to the story of the complex internal conflict within Oseong Electronics.

He also didn’t know why Director Jang Seung-il was treating him coldly, but he realized the situation belatedly.

“Now, wait a minute. So, if things change as the Oculus Project says, then everything we’ve done so far has to be redone from scratch?”

“Of course. Oh Sung Electronics is no different. This is why there was chaos.”

“Ha, but our division is in a different situation from Oseong Electronics. We were only relying on one receiver, and now it looks like we’re completely out.”

“That’s why I’m telling you now.”

Director Lee Il-tae shouted in anger.

“Oh, that’s ridiculous. Oh, my goodness, where in the world is this happening?!”

Director Lee Il-tae was so angry that he couldn’t even come to his senses after getting up from his seat.

Senior Vice President Kim Hyun-woo was in a miserable situation where he had come to get information but ended up having to reveal it instead. However, he soon came up with an ingenious idea.

“Just wait. I’m planning to file a lawsuit against ETRI, but there’s also a way to file a lawsuit together by taking advantage of your division’s losses.”

“Ha, but if I filed a lawsuit against ETRI for no reason… … .”

Of course, it could win. However, this incident could not be blamed solely on ETRI. The biggest problem was that Director Park Jae-ho was involved with Director Lee Chang-myeong.

In other words, Oseong Electronics could not avoid some of the responsibility.

Senior Vice President Kim Hyeon-woo, who had already seen the lawsuit review items, frowned.

“Don’t think too much, just trust what I say and do as I say. Oh, and don’t cause problems at the company for no reason, and just pretend to be dead. The current situation is complicated, and if it gets tangled up, there’s really no answer. I don’t know for sure, but I could get completely targeted by Director Jang.”

“Oh, I understand.”

“If Director Choi bothers you in any way, don’t answer at all.”

Director Lee Il-tae, who was recently disciplined, felt suffocated. He couldn’t breathe properly when he thought back to what had happened to Director Choi Min-hyeok recently.

But now that I was in a situation where I couldn’t react no matter what Director Choi Min-hyeok did, I was heartbroken. But I couldn’t refuse Senior Vice President Kim Hyeon-woo’s offer either.

“… I will do that. Thank you very much. I will definitely repay your kindness, sir.”

“Stop talking nonsense.”

Senior Vice President Kim Hyun-woo continued to rack his brain while drinking with Director Lee Il-tae. Although he was unable to obtain the information he needed, he felt that he could bring together companies like KM Electronics and create an interesting case.

‘Okay, if we make good use of this guy, Il-Tae Lee, and review the lawsuit properly, I think we’ll come up with a better alternative. With this much information, Manager Chun will take care of it.’

* * *

Manager Cheon Seon-gu, conscious of Director Lee Chang-myeong’s gaze, contacted Daewon Law Firm, which he had learned about through a lawsuit against Osung Electronics, rather than the Osung Electronics legal team.

Fortunately, they knew Senior Vice President Kim Hyeon-woo well and accepted this matter.

It would have been burdensome to sue Oseong Electronics, but it wasn’t difficult to pretend to do it.

Daewon Law Firm met with ETRI’s legal team on behalf of Osung Electronics to coordinate matters before formally filing a lawsuit.

The issue that came up right away here is the receiver chip developed by the system business division of Oseong Electronics.

He pointed out that as satellite systems change, these chips also need to be redeveloped.

ETRI pointed out that Osung Electronics developed the receiver chip arbitrarily.

[LC Electronics has already protested that Oseong Electronics is acting arbitrarily in relation to the joint standardization, and this has already been made into an article!]

[Huh, that’s based on what ETRI said regarding the Mugunghwa-ho that it has already completed verification. The satellite broadcasting system is already a completed matter. However, the only changes we made arbitrarily were to add a few things related to the standardization!]

In fact, Oseong Electronics only added a few things separately in terms of security and other aspects related to this digital satellite broadcasting receiver.

This part was not compatible with what ETRI developed.

And Oseong Electronics took the lead in joint standardization using this as an excuse. In fact, ETRI researchers who defend Oseong Electronics did not take issue with it much.

[That is something that Director Park Jae-ho decided on his own. Director Park Jae-ho has already been indicted because of that issue.]

Oseong Electronics could not be free from this accusation either.

Things that were not originally big problems became issues for litigation, and problems such as embezzlement began to surface one by one.

The case of Director Park Jae-ho was one in which, if not careful, employees of Osung Electronics who were involved in the embezzlement issue could also be arrested.

Even Senior Vice President Kim Hyeon-woo, who had already been through a lot with Director Choi Min-hyeok, was shocked to hear this story for the first time.

‘They did all kinds of crap behind the scenes. If you work like this, you’ll get cursed at by other big companies too.’

In the first place, Senior Vice President Kim Hyun-woo had no intention of making a big deal out of this matter, so he did not create any more trouble. Instead, he subtly brought up the issue of coordination to the Ministry of Information and Communication through Attorney Dae-won.

* * *

From the beginning, the Ministry of Information and Communication also took a back seat and just watched the satellite broadcasting project.

However, after receiving information from Dr. Oh Hyeon-jong, he changed his attitude and actively participated in this satellite project.

The Ministry of Science and ICT’s Information and Communication Policy Office has not had a single quiet day because of this issue.

If the promotion is done well, it will be of great help in promoting government policies.

When the bombshell of the ETRI lawsuit suddenly dropped on the sensitive Information and Communication Policy Office, it was greatly embarrassed.

Team leader Park Sung-hwan, who heard the scolding from Director Lee Won-han, also immediately figured out what kind of crazy person had done such an absurd thing. He found out that Oh Sung Electronics was preparing to sue ETRI regarding this satellite development.

He was so shocked that he reported this matter to Director Lee Won-han.

The already sensitive Lee Won-han went on a rampage and met with Oh Sung Electronics Vice President Hwang Jun-yeop in person to give him a separate warning.

“These days, even Osung Electronics seems to be looking down on our Ministry of Information and Communication.”

“… … ?”

Vice President Hwang Jun-yeop was so shocked by the absurd story that he just listened in silence.

“Do you really not know, Mr. Vice President? Or are you pretending not to know?”

“I really don’t know.”

“I see. But that doesn’t mean this matter will end. The government also seems to have some complaints about Oseong Electronics, and I hope this incident won’t be an excuse.”

The relationship between the government and Oseong Electronics has always been problematic.

There’s nothing particularly new about it.

However, if Osung Electronics causes trouble for this ETRI Oculus project, the situation will be a bit different.

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