The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 229



Only Noblemtl

#229.

Choi Min-hyeok tilted his head and recalled Ahn Jae-woon’s actions during his first time in life. Because he had gone to study abroad in Japan and had left the internal activities of Oseong Electronics, he had not heard much from them for the next seven years.

After studying abroad in Japan and the United States, he returned and started the e-Oseong business, but he ended up closing it all down. At the time, Ahn Jae-woon was heavily criticized for transferring all of e-Oseong’s losses to the Osung Group affiliates.

‘But you want to stay in the country? There will be some changes. At that time, Ahn Jae-woon’s destruction of e-Oseong coincided with the IT bubble period.’

I expected there would be talk within Osung Electronics about the Oculus project. However, I overlooked the fact that the person in question was Jae-woon Ahn.

But Choi Min-hyeok knew very well how many stupid things Ahn Jae-woon had done because he was too obsessed with his passion at this time.

‘I expected that if the issue of selling the TV division were to arise, Chairman Ahn would eventually take action himself. If things go well, Jae-woon Ahn could step in instead of Chairman Ahn. The Oculus project is a pretty good item if you want to promote an incompetent successor.’

“Hey, manager… … .”

“Oh, I was just thinking about something else. Take a good look at Ahn Jae-woon’s moves. If you do it well, you could create an interesting piece.”

Team Leader Jo Seong-don is not stupid, so he couldn’t have been unaware of what Choi Min-hyeok wanted.

“That means… … .”

“An Jae-woon will also be concerned about the Oculus project. So, first, take a look at the business division of Osung Electronics related to this Oculus project. If necessary, you can get help from people who were at Osung Electronics.”

Team Leader Jo Seong-don glanced at Choi Min-hyeok several times at Choi Min-hyeok’s persistent insistence.

No, I was embarrassed.

Although Choi Min-hyeok has harassed Oh Sung Electronics and Vice Chairman Choi Moon-kyung, he has never targeted anyone specifically.

“… What are you going to do?”

“First of all, assessing the situation comes first.”

“Excuse me, sir, the Collins contract for 500,000 units is the most important thing right now. The immediate issue is production… … .”

“Even if we sign a contract anyway, we will have to split it by the second half of next year because of the Collins parts contract. There is no need to rush.”

“But if you supply it as soon as possible… … .”

“Well, you know how much you make by selling one Collins, right? If there’s a benefit, it’s that the company’s sales increase by 7 or 8 times? That’s not very informative. Do you really need to put all your effort into something like a 2 trillion won sales that doesn’t make any sense?”

“but…….”

Team leader Jo Seong-do also opened his mouth slightly at the words, “Sales of only 2 trillion won.”

But he too could not refute Choi Min-hyeok’s words when he thought about the profitability of MP3.

But there’s something even funnier.

As KM Electronics continued to show its guts, Walmart also gradually surrendered.

In fact, the amazing thing about KM Electronics right now is its incredibly strong cash flow. Since it is structured so that if you give something away, you definitely get paid for it, the cash flow is stronger than ever.

Net income was the next issue.

Choi Min-hyeok said it like this:

“If Walmart is not satisfied, they will adjust the contract and help with the production schedule. If they do their best to supply parts, we don’t have to worry about it. A thirsty person will dig a well.”

Even team leader Jo Seong-don couldn’t tackle captain Choi Min-hyeok who was about to leave.

The reason is that currently, everything is going the way Director Choi Min-hyeok wanted.

“…All right.”

Team leader Jo Seong-don also had no choice but to accept Choi Min-hyeok’s instructions. However, he was worried about Choi Min-hyeok’s actions, which were pushing forward with brinkmanship tactics. However, he couldn’t say anything repeatedly, since there was an item that was expected to be a huge hit, the MP3.

‘Is it okay to make things this big? Things are going according to the director’s instructions so far, but I’m really anxious.’

* * *

Rumors began to circulate within Osung Electronics that Jae-Woon Ahn might be in charge of the Oculus project.

It was the result of Vice President Hwang Jun-yeop working little by little to create the board.

Director Lee Chang-myeong was also greatly embarrassed by the sudden situation and expressed his dissatisfaction.

Those who harbored resentment toward Director Lee Chang-myeong began to raise their voices because of this incident.

One of them is the system business division that focuses on non-memory through the introduction of ARM technology.

The system business division usually outsources business unless it is a strategic business, but the satellite receiver business was considered important as a preliminary practice for the future wireless communications business.

In addition, it can be seen that the technology acquired through the satellite broadcasting system was later applied to the mobile business as well.

However, Team Leader Kim Jeong-ho, who thought that there was no need to do it himself from the beginning, used his brain to his advantage.

In reality, the satellite broadcasting business was still in its initial stages, so there was no reason to rush.

The change occurred after Director Lee Chang-myeong started running wild like a madman.

Even though he was an illegitimate child, I had no choice but to follow him because of the importance Director Lee Chang-myeong held in the company.

In the end, the development of the receiver chip, which was hasty and forced, had several problems.

Team leader Kim Jeong-ho continued to report this issue to Managing Director Choi Ho-seong.

“Are you just going to leave it like this?”

“There’s nothing I can do right now.”

“But if things continue as they are now, the director will be the one who has to take full responsibility for the losses.”

“That won’t be the case.”

Of course, even Managing Director Choi Ho-seong couldn’t guarantee that. Although the loss was large this time, thanks to the smooth sailing so far, it wouldn’t be cut short because of the receiver chip.

However, responsibility for the loss was unavoidable.

For Executive Director Choi Ho-seong, whose promotion to managing director was now certain, it was a maddening and disconcerting experience.

Team Leader Kim Jeong-ho now knows well how much Managing Director Choi Ho-seong has fought and worked hard to secure clear results.

“It is clear that Director Lee Chang-myeong is intentionally trying to keep the Managing Director in check. We should fight now.”

“It’s not that simple.”

Managing Director Choi Ho-seong knew very well that Director Lee Chang-myeong was Chairman Ahn Geon-min’s hunting dog. Unfortunately, Director Lee Chang-myeong was not a normal manager. He was the one who watched over the discontented forces within the company by becoming Chairman Ahn Geon-min’s eyes.

Management performance is not the issue.

The purpose is to use the mad dog named Director Lee Chang-myeong to investigate the inner thoughts of the executives and employees.

Even if he was Executive Director Choi Ho-seong, if he revealed this to Director Lee Chang-myeong, he would inevitably be on Chairman Ahn Geon-min’s radar.

It was a burden to him too.

‘But if Mr. Ahn Jae-woon gets involved, it’s a different story. But for now, we just have to wait and see.’

“Sir, I’m really frustrated. Director Lee Chang-myeong, you see what that bastard is doing, and you just sit by and do nothing about it? Isn’t he the kind of person who just steals other people’s achievements?”

“Watch what you say!”

“Sir!”

Managing Director Choi Ho-seong, who is popular with female employees because of his handsome face, did not bother to answer.

‘The Oculus project is problematic, but I never thought it would turn out this way.’

He too was pessimistic about the development of this receiver chip from the beginning.

However, it was difficult to refuse the order given by Director Lee Chang-myeong under the guise of a request and blatant pressure.

If Director Lee Chang-myeong had exerted influence on the HR team, his promotion to executive director would not have been that difficult.

But now, I was wondering if Director Lee Chang-myeong’s proposal was a trap.

Even so, it would have been difficult for him if he had been caught by Director Lee Chang-myeong, who is no exaggeration in saying that he is the watchdog within the Oseong Group.

The satellite broadcasting business itself wasn’t all that bad.

I thought that if I could grow a little through this experience, it would be of great help in the next-generation project.

But after the announcement of the Oculus project, things changed completely.

Team leader Kim Jeong-ho was serious.

“If we’re not careful, we’ll have to start developing the receiver chip again. Are you really going to do that?”

“Just wait. I’ll find out for myself.”

The words of Managing Director Choi Ho-seong, who is cold, were calm as usual.

But when I saw the report submitted by Team Leader Kim Jeong-ho, my impression was completely ruined.

“Is this real?”

“Because of that, the design team, the factory, everyone is in chaos right now.”

“under.”

Managing Director Choi Ho-seong suddenly stood up from his seat with a dumbfounded expression on his face.

* * *

One of the businesses that has received the most attention since the restructuring of the Oseong Group is the non-memory business.

Although it was still divided into several parts, consolidation was in progress.

Managing Director Choi Ho-seong, who focuses on product development rather than simply preliminary development using ARM, saw this situation as an opportunity.

That was the reason why he took on the task of developing a satellite broadcast receiver chip.

And this business was not simply a problem for the system division alone, but was the central axis for the non-memory business that the planning office had been pursuing for the long term.

This was the reason why Executive Director Choi Ho-seong went to see Planning Director Kwon Tae-seong.

“Did you know this? What the hell do you mean we have to re-develop the receiver chip?”

“… Phew, that’s it.”

Planning Director Kwon Tae-seong also broke out in a cold sweat. He had also been briefed on this situation two days ago, and was currently considering losses and future countermeasures.

It was like a bolt from the blue when I woke up.

I was so surprised that I couldn’t do anything else all day.

And soon after, a protest came from the business division related to the satellite business.

As Planning Director Kwon Tae-seong, who was not fully aware of the situation, he was shocked.

But as expected, Choi Ho-seong, the executive director of the system business division, came to see him in person.

If I were to deny it and say I don’t know anything about it, it would be no different than saying I’m going to quit the company.

“I feel bad saying this, but this project was not supposed to start in earnest until the end of this year. As Team Leader Kim Jeong-ho claimed, developing the receiver chip was not easy. Furthermore, developing satellite broadcasting… … .”

“Hey, Director Kwon, do you know why I came all the way here to hear excuses like that? Aren’t you asking who will take responsibility?”

“That’s what I’m saying. Many people have already opposed this unreasonable process, but the person who pushed this project forward is Director Lee Chang-myeong.”

“So, does that mean that Director Lee Chang-myeong is responsible now?”

“If the Oculus project had been reviewed in advance, the schedule should have been adjusted. However, Director Lee Chang-myeong was unable to do so. Doesn’t Managing Director Choi Ho-seong know better?”

“hmm.”

Executive Director Choi Ho-seong also did not refute Planning Director Kwon Tae-seong’s claim. This issue had been discussed for several months already.

However, the reason he did not mention Director Lee Chang-myeong’s name was because he did not want to get caught by Director Lee Chang-myeong.

“… Then, will Director Kwon direct the traffic?”

“… That’s right.”

Planning Director Kwon Tae-seong also nodded with a burdened expression.

In fact, there was no problem with ETRI carrying out the Oculus project itself. Team leader Oh Hyeon-jong subtly pointed out several times that there were many problems with the existing system while working on this project.

However, the one who arbitrarily interpreted this and pushed it through was none other than Director Lee Chang-myeong.

It was to take the lead in business.

No, I pushed the schedule further in order to pressure Director Choi Min-hyeok.

Even though they were arguing internally that it shouldn’t be done, Director Lee Chang-myeong was so consumed with hatred for Director Choi Min-hyeok that he wouldn’t listen.

Executive Director Choi Ho-seong, who had been very angry when he entered the planning office, turned around with a satisfied look on his face.

A cold wind blew inside the planning room where a meeting was in full swing.

Planning Director Kwon Tae-seong wiped his cold sweat with a handkerchief and sighed under the stinging gazes of the planning team leaders.

Planning Team 3 Manager Im Kwon-soo opened his mouth slightly while looking at the other team leaders.

“Is it okay?”

“There’s nothing I can do.”

“But if you look at the mood of Managing Director Choi Ho-seong, it seems like he’ll just pass all the blame onto the director. Isn’t that going to be a problem? Director Lee Chang-myeong isn’t the type of person to just sit back and say he did something wrong.”

“I guess so.”

This has happened dozens of times in the past, and Director Lee Chang-myeong has caused problems many times. However, Director Lee Chang-myeong has never said that he was wrong.

I passed all the responsibility on to the head of this division, the head of that division, and the head of that division.

Excuses and lies were Director Lee Chang-myeong’s specialty.

Director Kwon Tae-seong was also irritated. He was known to be a person who had no emotions, but in this situation, his anger reached the top of his head.