The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 225



Only Noblemtl

#225.

The government won’t just sit by and let Osung Electronics cause trouble.

Only then did Vice President Hwang Jun-yeop realize the seriousness of the incident and apologize sincerely.

“I’m sorry. There seems to be some misunderstanding. I will look into it internally.”

“Is that so?”

He sighed as he listened to his secretary’s story about this matter, which he had urgently found out about.

“… We haven’t filed a formal lawsuit yet. We just had a confrontation with ETRI over a minor conflict. Is it really possible that Oseong Electronics would file a lawsuit against ETRI?”

Director Lee Won-han also already knows this. However, even if it is just a rumor, I came here because I thought it would be a problem if it were to be made known to the public through the media.

“Okay. But if things get worse, I won’t just sit back and do nothing. This is something that the higher-ups are also paying attention to, so please handle it well so that there is no unnecessary noise.”

“…All right.”

“Okay, I’ll stop here.”

“sorry.”

Vice President Hwang Jun-yeop, who had been making excuses, also let out a sigh of relief. Although he pretended not to know, it was something he already knew.

The problem was that the person involved in the matter was Director Lee Chang-myeong, so he could not interfere much. Various problems arose, but he, like Planning Director Kwon Tae-seong, just watched.

‘What on earth did Director Lee Chang-myeong do that led to the lawsuit?’

* * *

Vice President Hwang Jun-yeop also looked into the internal situation as soon as he returned to the company. As expected, it was not much different from what he had expected.

I decided to just watch for now.

I thought that if I used this opportunity well, I could deal a fatal blow to Director Lee Chang-myeong.

But just because he was silent, that didn’t mean the staff under him remained silent.

They found out about the Oculus project through various inside sources.

Naturally, there was a lot of talk going on behind the scenes.

Some people even said that we must retaliate against ETRI.

Vice President Hwang Jun-yeop was also embarrassed when rumors spread within Oseong Electronics. However, he did not want to come forward, at least for the sake of Director Lee Chang-myeong.

However, the thoughts of Chairman Ahn Geon-min’s eldest son, Ahn Jae-woon, were a bit different.

He contacted me cautiously.

Vice President Hwang Jun-yeop visited the meeting place, a high-end Korean restaurant in Gangnam, Seoul.

Joan Gwan, with 70 years of tradition, has a sophisticated yet modern interior. The store is decorated with various Korean props, giving it an impressive Korean feel.

The interior of the entrance was also prepared for an important business meeting.

Inside, Ahn Jae-woon was already waiting, and his personal secretary, Manager Kim In-joo, was giving instructions to the bodyguards. When he saw Vice President Hwang Jun-yeop, he nodded and quietly stepped back.

Vice President Hwang Jun-yeop also knew that Manager Kim In-joo was Ahn Jae-woon’s close associate who handled all of his secret affairs.

However, as far as he knew, Ahn Jae-woon had already decided to study abroad in Japan.

‘That’s strange.’

“Your Majesty, it’s been a while.”

“I feel like I have bothered Vice President Hwang for no reason.”

An Jae-woon, who was pouring drinks, seemed more impatient than usual.

Upon meeting Jae-Woon Ahn for the first time, Vice President Jun-Yeop Hwang quickly realized that this meeting was for the Oculus project.

‘After all, the satellite broadcasting business is also a software business.’

Whenever he met people around him, Ahn Jae-woon always emphasized high value-added businesses. He did not hide the story about the huge success of the American IT industry.

He argued that the Korean economy would not change unless Korea’s manufacturing-centered industries were transformed.

Unfortunately, despite his enthusiasm, his life at Oseong Electronics was not smooth.

There were not many executives and employees of Oseong Electronics who would treat Jae-woon Ahn, a direct descendant of Chairman Ahn Geon-min, carelessly.

Regardless of whether he was a manager or a deputy manager, he listened to Ahn Jae-woon’s story and followed his arguments even if they were somewhat unreasonable.

If the business planning department does something like that, there’s no way the planning department can run properly.

It was only when the company’s performance was in shambles that people started talking.

The conflict with Ahn Jae-woon has surfaced.

But no one held Ahn Jae-woon accountable.

Still, he only did what Ahn Jae-woon told him to do, saying only ‘Master’.

There is no way that such a one-sided human relationship can work out well.

An Jae-woon was unable to properly learn practical skills and was unable to adapt to the management planning department.

Eventually, when the conflict reached its peak, Chairman Ahn Geon-min also chose the extreme measure of studying abroad in Japan.

An Jae-woon also readily admitted his mistake and was convinced that it would be better to go to a Japanese university, which he was not familiar with, and gain experience.

But just as he was preparing to go to Japan, the Choi Min-hyeok incident broke out.

From then on, Choi Min-hyeok’s actions were exactly the future that Ahn Jae-woon himself had dreamed of.

In particular, the part that hits the peak is the part where KM Electronics stocks were purchased at a bargain price to reduce gift tax.

Ahn Jae-woon honestly wanted to learn from Choi Min-hyeok’s ability to become a trillionaire by reducing taxes that would have been astronomical if he had just received the gift. And this was not just Ahn Jae-woon’s idea, but also the most ideal picture that the Oh Sung Group restructuring headquarters wanted.

It was in such a situation that the ETRI incident occurred.

“Whew, I don’t really know where to start with this.”

Vice President Hwang Jun-yeop, who knew Ahn Jae-woon’s thoughts without having to hear a detailed explanation, just took a look. Vice President Hwang Jun-yeop knew better than anyone else that Ahn Jae-woon had not been able to adapt to the management planning department.

“I understand your feelings, Young Master, but wouldn’t it be better for you to go to Japan right now?”

“But even Director Choi Min-hyeok, who is younger than me, can do it, so why can’t I do it?”

“… … .”

When Director Choi Min-hyeok’s story came up, Vice President Hwang Jun-yeop also kept his mouth shut.

Director Choi Min-hyeok, who talks a lot and causes a lot of trouble.

The story about Chairman Choi Yong-wook being the president of Baji was widespread.

There were also rumors that the Collins business success was led by Chairman Choi Yong-wook using Director Jang Seung-il and that he put Director Choi Min-hyeok forward as the face of the business.

Because it is simply unbelievable that the young Chief Choi Min-hyeok would do something like the Collins jackpot.

However, despite all the rumors going around, it was impossible to deny that Director Choi Min-hyeok contributed to making KM Electronics a company of innovation and change.

Vice President Hwang Jun-yeop, who had a lot of experience, naturally did not fully believe Director Choi Min-hyeok’s success story.

“Of course that’s true. But business models like Collins’ are not common within Oseong Electronics. Even if they were, it’s not easy to get involved.”

“How about the Oculus Project?”

“Yes? Of course, Oculus is not bad either. But the government is unlikely to open its doors easily to large corporations.”

“I am disappointed to hear Vice President Hwang say something like that.”

“… I’m not saying it’s impossible.”

“I guess so? Then what is the alternative?”

An Jae-woon’s expression changed completely. He also wanted to shake off the failure he experienced after joining the management planning department. If he used this incident well, he could have come back to life again.

‘Father won’t tell me to go to Japan anymore.’

An Jae-woon, who wasn’t that anxious until recently.

Even he couldn’t stand it when he was compared to Director Choi Min-hyeok’s actions.

This is because I even heard Chairman Ahn Geon-min briefly mention Director Choi Min-hyeok.

Vice President Hwang Jun-yeop also felt confused when he realized Ahn Jae-woon’s situation. While others may have gotten over it somehow, Director Lee Chang-myeong was a bit different.

“This is something that Director Lee Chang-myeong is responsible for and is carrying out. If you interfere now, Director Lee Chang-myeong will not stay still.”

“I think differently. Director Lee Chang-myeong’s failures have been numerous so far. And didn’t they make such a fuss on the news? My father is also very disappointed in Director Lee Chang-myeong.”

“Hmm.”

Vice President Hwang Jun-yeop also thought about it for a moment. He also knows this. However, Director Lee Chang-myeong only kept his distance because he had a communication channel with Chairman Ahn Geon-min.

If Ahn Jae-woon came forward and restrained Director Lee Chang-myeong, there would be no reason not to touch him.

But now was not the time.

“I understand. But there is no need to step forward and provoke the Ministry of Information and Communication and ETRI. I will look at the situation and create a platform for you to naturally intervene.”

“Good. As always, Vice President Hwang’s refreshing answer is good.”

“thank you.”

Vice President Hwang Jun-yeop, who bowed his head, did not bother to abandon his humble attitude. Even though Ahn Jae-woon is widely known for his incompetence, the fact that he is the crown prince of the Oseong Group remains unchanged.

An Jae-woon extended his hand and asked for a handshake.

“I look forward to working with you in the future.”

“I will do my best.”

Vice President Hwang Jun-yeop honestly had no interest in the Oculus project, but now he couldn’t. If he could get Ahn Jae-woon’s approval, he could see beyond the president of Osung Electronics and beyond.

‘It’s an opportunity.’

* * *

After meeting with Ahn Jae-woon, Vice President Hwang Jun-yeop pondered how to get involved in this matter and came up with a simple alternative.

It is putting pressure on Director Lee Chang-myeong.

Even if Director Lee Chang-myeong sees Ahn Jae-woon as an easy opponent, he was certain that he would be nervous if there was someone watching from the side.

In other words, he hoped that Director Lee Chang-myeong would make a mistake if he rushed.

Word of mouth suddenly spread within Osung Electronics that Ahn Jae-woon was interested in the Oculus project.

As the story continued to circulate within Oseong Electronics, the media also began to take interest in Ahn Jae-woon’s actions.

The conflict surrounding satellite broadcasting is slowly beginning to surface.

The reason this situation is not getting any better as time goes on is because the Oculus project is making money.

The media, as content providers involved in this project, could not just leave it alone.

As soon as the promising articles about digital satellites came out, so did some unexpected articles.

[Is the conflict surrounding digital satellite business interests finally coming to the surface?]

Director Lim Ki-seok, who has recently become quite interested in collecting MP3-related patents, read a heated article on satellite broadcasting as he left the conference room.

‘This is really awesome.’

No, I thought the satellite business was about to take off, but internal conflict arose again over it.

Unlike others, he knew about the joint research with Professor Lee Dong-ho and Professor Song Han-seong. Although he did not know what Director Choi Min-hyeok did specifically, he had some understanding of the situation.

So I read the truth hidden deep inside the article about the Oculus project.

‘Is it Director Choi again?’

The article even mentioned the litigation between Oseong Electronics and ETRI.

It wasn’t that they were going to sue, but that there was a conflict so acute that a lawsuit would arise.

‘As expected, it’s Director Choi.’

Even if you don’t know the complex issues between the two, just by looking at the current situation, you can tell that Director Choi Min-hyeok was causing discord between the two forces.

Park Sang-ki, the deputy manager in charge of planning the MP3 business, grumbled while organizing a meeting report with the planning team.

“What do you find so interesting?”

“Ah, it seems like Osung Electronics and ETRI are having an interesting fight.”

“Surely they are both close, why would they fight like a knight? I think the reporter is going too far.”

“There would be no smoke coming out of the chimney if there were no fire.”

“But the Ministry of Information and Communication is a government agency. No matter how powerful Oseong Electronics is, it will be difficult for them to openly confront a government agency.”

“That’s true, though.”

“Do you know anything else?”

Vice President Park Sang-gi’s expression was quite serious. He kept asking questions because he thought that Director Im Gi-seok knew quite a lot since he was in charge of external patents.

The tired Lim Ki-seok shrugged his shoulders. It was already a well-known fact, so there was no reason to keep it a secret anymore.

“The Oculus project reflects a lot of the research results from Professor Lee Dong-ho and Professor Song Han-seong. In particular, there are quite a few patents.”

“Huh? Really?!”

Vice Minister Park Sang-ki was also surprised because he had been watching this incident with interest.

Director Im Gi-seok shrugged.

“Otherwise, the results of the Oculus project would be nonsense. I heard from an acquaintance that the results that were once garbage are now gold.”

Vice President Park Sang-ki was so interested in the story that he couldn’t help but follow along with Director Lim Ki-seok.