The Magician’s Memorial - Chapter 298
Only Noblemtl
298. Rocket (2)
There was a lot of chaos from the moment we arrived in Korea.
I returned quietly on a private plane, but somehow I knew there was a huge crowd of people and reporters waiting in front of the airport.
Captain Kang and his staff used disruptive tactics reminiscent of an intelligence operation.
It took over an hour before I was finally able to get out of the airport and get into the car.
“I don’t know what all the fuss is about. How do people know that I’m arriving in Korea at this time?”
“We are currently investigating. We believe it is highly likely that an airport employee leaked the information. We will catch the culprit and take legal action.”
“Just scare them and get it over with. You could get in trouble if it gets on the news that the CEO of a large company is abusing power.”
“We will pay more attention in the future. We will change flight times more than three times and deploy more staff at the airport to ensure a quick exit.”
It was a fairly tiring day.
Long-distance flights and even hide-and-seek with reporters.
I have never been so desperate for home as I am today.
“Chairman, we have arrived home.”
“Captain Kang, please leave work now. You have had a hard time. You can go on vacation for a few days and then return to work.”
“A meeting related to shared mobility business is scheduled for tomorrow.”
“This is why high positions are not good. Captain Kang, you miss the old days, right?”
“Absolutely not. I like to be busy. When I was kicked out of the military, I keenly felt how difficult it was to live an unemployed life.”
Captain Kang also had a similar experience as me.
Before I returned, I had been unemployed for over 20 years.
Therefore, I knew very well how happy I was now that I could be busy working.
Captain Kang got out of the car he was driving and entered the mansion.
At the entrance, the chief secretary was welcoming me with a smile.
“Thank you for your hard work. And we are reducing your salary.”
“Only time will tell whether this is something to be celebrated. But what has the Chief Secretary been doing up to this hour? Are you sure you’ve been held by your grandfather’s side until this hour every day?”
“I played the role of chairman for a while.”
“You did the job I could not do as a grandson. Thank you. Thanks to you, I was able to travel to the United States with peace of mind.”
“I guess I can finally go home now. The Chairman has just entered the room. Come on in.”
Normally, my grandfather would be waiting for me in the living room.
However, the fact that he entered the room before I arrived meant that he did not want to be seen even by the chief secretary.
Knock knock!
I knocked and carefully opened my grandfather’s door.
A dark room with only the lamp next to the bed lit.
I naturally sat down next to my grandfather, who was lying on his side.
“Grandfather! Your grandson has arrived.”
“So you came. You had a hard time.”
“What’s wrong with your voice? Are you hurting somewhere?”
“Are you saying that it hurts? Are you saying that you know how many joint executives are hurting me today?”
The grandfather’s voice was quieter than usual.
If it wasn’t because of pain, it was clear that my throat was blocked due to the overwhelming emotions.
“Grandpa, do you remember? When we took over the Polish company, we had a big fight with GM.”
“When did that happen? It’s already been more than 10 years.”
“Taewoo Motors even produced a new car based on GM’s technology.”
“······.”
“Taewoo Motors then ate up GM. Aren’t you happy?”
“It would be nice to be called a viper that ate its mother. How would Taewoo have been able to build a car if GM hadn’t existed?”
“Do you really think so?”
My grandfather didn’t answer my question for a while.
Without pressing for an answer, I quietly leaned against my grandfather’s back.
“I’m glad. I’m alive to see Taewoo take over GM. I still can’t tell if it’s a dream or if it’s real.”
“I could have acquired another American car company, but I acquired GM for my grandfather. How do you like the gift I prepared for you?”
“Hehehe, who on earth would receive such a large gift? I’m so jealous of Chairman Jang, who went first, that I’ll come visit him in my dreams.”
It was a sobbing grandfather.
The company that was created through a joint venture with GM was Taewoo Motors.
How could he not be happy that the company he couldn’t even dare to overlook is now in Tae-woo’s arms?
I had similar feelings.
However, there was also a hint of revenge in his emotions.
Before the return, Taewoo Motors was sold to GM at a low price during the foreign exchange crisis.
That’s why I took over GM.
Of course, aside from the desire for revenge, GM was also a company worth acquiring.
“If Chairman Jang comes to you in your dreams, you can brag. Brag that Taewoo Motors is now ready to become the world’s No. 1 automobile producer.”
“Just hearing it makes me really happy. Taewoo Motors can become number one in the world. Hehehe.”
Grandpa’s back was shaking.
It seemed like emotions were swirling along with laughter.
“Go to bed early today. I will tell you more about it tomorrow.”
“Okay, I’ll see you tomorrow.”
I turned off the lamp next to the bed and went up to my room.
Strangely, my eyes kept getting red, but I forced myself to hold them back.
* * *
next day.
I carefully went down to the living room.
I felt awkward because the conversation I had with my grandfather that night was a little unfamiliar.
But when I came down to the living room, I couldn’t see the grandfather, and the secretary was standing in his place.
“Is it true that your grandfather has already gone to work? He comes to work a little late on days like today.”
“Hmm, that’s right. Honorary Chairman left for Vietnam by plane this morning.”
“Huh? You went to Vietnam?”
“He said he would definitely order me to work again if I didn’t go now, so he left.”
“You’re not saying you ran away, are you?”
“···That’s right. It’s accurate to say that you ran away late at night.”
The emotion of yesterday disappeared in an instant.
No, how much work did I make you do?
You couldn’t stand it any longer and fled to Vietnam at night.
“Director, are you staying for the handover?”
“That’s right. I’m here to report on the situation of the Taewoo Group while the Chairman is on a business trip to the U.S. I will go to the company and give you a detailed report with the Planning Director.”
“Of course. Let’s have breakfast together and then go to work.”
“I already prepared two servings.”
When I went to the table, ribs were laid out.
It’s like chewing ribs and letting off steam.
After chewing ribs until my teeth fell out, I went to work, and when I entered the chairman’s office, the head of planning and the chief secretary followed me in.
“Can I briefly report on the Taewo Group’s situation?”
“Please briefly report only those affiliates with issues.”
“First of all, in the case of Taewo Semiconductor, we have achieved record high sales. Orders are pouring in from not only Apple but also foreign mobile phone manufacturers.”
The semiconductor market was booming.
This was because not only Apple and Samjin Electronics, but also most mobile phone manufacturers entered the smartphone market.
Although Samjin Electronics was able to supply some semiconductors on its own.
Since the remaining companies had to import and use semiconductors, Taewo Semiconductor’s sales had no choice but to increase significantly.
“What is the ranking of semiconductor market share?”
“We are competing with Samjin Electronics for first and second place within the margin of error. It is expected that we will be able to firmly maintain our first place if the foundry plant operates properly in the near future.”
“Samjin Electronics is not actively entering the foundry market yet, is it?”
“That’s right. As a company that manufactures smartphones, it seems they have a lukewarm view of the foundry market due to friction with customers.”
The foundry market was never negligible.
Even if you just tightly control the foundry market, you can see astronomical sales.
Of course, the unit price could have been lower than that of self-produced semiconductors, but the large number of strips made the unit price difference ignored.
“Taewoo Semiconductor is doing well. How is Taewoo Trading going?”
“Taewoo Group is experiencing the largest deficit. As there are only a few mines that are still mining underground resources, the deficit is growing day by day.”
“It’s a matter of time. Once all our mines start mining, the deficit will be more than covered in no time.”
It was not for nothing that we signed such a contract with Hyunjin Shipping.
In just a few years, enormous amounts of underground resources will be exported around the world.
In that case, there would be a shortage of ships, so a contract was signed with Hyunjin Shipping in advance to supply ships.
“I think so too, but the morale of Taewo’s employees is very low.”
“Give us the same salary and bonus as other affiliates. We have to endure difficult times, but we can’t let our morale drop already.”
“I will.”
“Ah! And Boss Taewoo will be working on one more thing.”
“Are you planning to secure a new underground resource mine?”
“We’re done with the overseas market, and now we’re going to leave domestic distribution to Taewo.”
A Korean-style internet commerce site to be created with support from Amazon.
Taewo Trading Company was the best fit because it had been managing a lot of goods from the beginning.
“Do you plan to enter the domestic distribution market in earnest?”
“We are on our way after signing a collaboration agreement with Amazon. We have decided to send know-how and manpower from Amazon. And we have already signed a $2 billion upfront investment contract.”
“So you’re saying you want to create a Korean-style Amazon. It doesn’t seem like a bad plan, but several large companies have already deeply rooted themselves in the domestic distribution market.”
“All you have to do is pour money into it and uproot it. That’s why we received an advance investment of $2 billion.”
The Chief of Staff and the Director of Planning grabbed their heads at the same time.
They knew what would happen next.
“Are you saying you want to play a game of chicken?”
“Other than that, is there any other way to push out existing companies? And as the number of single-person households increases in the future, the number of people purchasing goods through the Internet rather than large supermarkets will increase. If we can invest now and establish ourselves, we will be able to establish ourselves in the future.” “We can have a monopoly for more than 20 years.”
If you look at the conclusion, it was a hopeful future.
But everyone here knew that the process was hell.
“If we play chicken, there will be a huge deficit. Boss Taewoo’s deficit is already serious. Are you okay with that?”
“I can’t ask Boss Taewoo to carry the luggage alone. Since this is literally an internet commerce business, Taewoo IT will also join in. Wouldn’t it be okay if we share the load?”
“If we share the deficit with Taewoo IT, the burden will be lessened.”
“Taewoo Corporation will not have to pay corporate taxes for at least the next five years. Shouldn’t it only pay taxes if it has profits?”
The managers said nothing more.
They knew that since I had already made up my mind, no matter what I said, the outcome would not change.
“Now let’s move on to the important story. How is the electric car going? Isn’t it about time a prototype electric car made in collaboration with Apple comes out?”
A repentance card for the commercialization of electric vehicles.
So-called Apple Car, Taewo and Kai Automobiles were producing electric vehicles through collaboration with Apple.