I Became Park Jeong-ui’s Nephew - Chapter 196



Only Krnovel

He became Park Jeong-ui’s nephew. – (196)

“Your Majesty, we are finally closing the gap with Japan.”

“Okay, things are going well.”

This is America,

President Reagan smiled as he heard news of victory from the industrial sector.

The Reagan administration’s biggest task was to revive America’s failing industries, but what exactly was to be done and how?

First, we have regained authority in the semiconductor industry, which was being pushed out by Japan.

American semiconductor technology appeared as early as 1947.

Before the advent of semiconductors, vacuum tubes amplified electronic signals and converted them into radio sound, but with the advent of semiconductors, radios shrank in size.

A dream technology emerged that was smaller in size but more durable and efficient than existing technologies, but the United States was not satisfied with this.

Since then, we have developed a technology to connect more than 100 circuits to a small piece of silicon.

In the 1970s, it literally showed the pinnacle of overtechnology, with more than 1,000 pieces of information being stored on a single small chip.

But why is the US losing to Japan in the semiconductor war?

It’s a bit of a stupid development, but the US has the original technology, but not the production technology.

“Better technology!! Technology is the only way to survive!!”

“Okay, that’s all good. But how are you going to produce it?”

“Shhh, be quiet. If you say something like that now, you’ll be treated like an idiot.”

At that time, America was crazy about technological development.

The Soviet Union was the first in the world to send a man into space, but the United States was going crazy saying, “If you send a man into space, we’ll send a man to the moon,” and semiconductors were bound to be swept up in that trend.

The United States, which has planted 100 electronic circuits in silicon, crammed over a thousand pieces of information into a small chip, and is somehow the best at technology.

But do you have the technology to produce it?

Surprisingly, there has been little investment in this area.

“Would you like to sell us that technology?”

“Oh well, I guess so. We can’t produce it anyway.”

This is why America was hit in the back of the head by Japan.

No, to be precise, the US has failed to produce quality engineers.

What good is developing technology? We need to create a manufacturing base that can produce semiconductors, but the problem is that there are no people willing to invest in this.

This is why AT&T transferred its original technology to Japan.

Even if you develop technology, you have to make money by producing products to sustain the company. Since that’s not possible, shouldn’t you at least sell the technology?

In this way, Japan took all the semiconductor technology developed by the United States and established a production line based on it.

“The US government doesn’t care about us anyway.”

“Let’s sell technology to Japan and get incentives.”

After that, other semiconductor technologies began to move to Japan one by one.

Isn’t it funny that we gave the lead to Japan because we had the technology but no production line? This incident showed how indifferent the US has been to manufacturing, but the US didn’t just take it easy.

The Reagan administration is working with South Korea to revive manufacturing, and as a result, semiconductor production plants are increasing one by one.

The US has the original technology, so if they just have a production line, it’s game over.

After three years of consistent investment, results have begun to emerge.

The production cost, which was three times higher than that of Japan, dropped to 1.4 times, and American companies, encouraged by this, transferred the technology they had been saving to sell to Japan to Daehan Transportation.

A semiconductor factory is not a candy factory, and it is literally a job that requires a lot of money. This is something that only a country or a multinational corporation can handle.

Daehan Transportation is a company with a capital of 28 billion dollars.

The US government is stupid with austerity policies, private investors are crazy with real estate speculation, so who is going to touch this business?

The Reagan administration tacitly approved of Korea Transport absorbing American technology.

The results are now coming out,

Ultimately, the technology war will soon become a manufacturing competition.

Why would Japan, which was emerging as a semiconductor powerhouse, be in trouble over salt?

Could it be that Japan has reached that point because it lacks the ability to produce sea salt? The problem is that it closed all of its salt farms in order to mass-produce salt in factories. The one who reopened them and turned them into production lines was Daehan Transportation.

As a result, Daehan Transport monopolizes 73% of Japan’s solar salt, and including salt farms in China, more than 98% of the Asian solar salt market is in the hands of Daehan Transport.

What about manufacturing?

The original technology is in the US, but the production line is in the hands of Daehan Transportation. Once the work currently being done is completed, Daehan Transportation will take over 60% of the semiconductor production line.

Ultimately, it is manufacturing that supports technology.

Why did America only realize that now?

If we had invested in manufacturing early, we could have become a superpower with both technology and production lines, but unfortunately, we missed the timing and that dream went down the drain.

“We will continue to transfer our technology to Daehan Transportation.”

“As long as you provide good incentives.”

All American engineers are also on the Korean transportation side.

The U.S. government also needs to attract Korea Transport if it wants to kill two birds with one stone: securing taxes and developing the economy.

This is a problem that doesn’t need to be worried about,

What kind of dictatorship are we talking about when there is no alternative? What American investor would spend $2 billion to build a factory in the United States?

How much money do you think the person at the top of Daehan Transportation, which has taken over everything from Japan’s salt fields to America’s semiconductor production lines, has made?

The American daily newspaper re-evaluated the assets of Marshal Park Sang-geun.

[Five years ago, the assets of the former head of the Park family were estimated at $11.5 billion. However, considering recent trends, it is estimated that the amount may have exceeded $20 billion.]

World opinion was shocked.

The US government’s annual revenue is just under $16 billion, but is it realistic for an individual to have $20 billion?

Considering the recent actions of Park Sang-geun, that figure is also conservative.

Some have even raised the $30 billion theory, joking that it would be possible to buy the United States with that amount of money.

[You do all the work and somebody else gets the credit.]

= The bear did the tricks, but who took the money?

Such self-deprecating voices have also been heard within the United States.

How did America forget the value of production and labor and become dependent on corporations?

The U.S. government has invested $70 billion in technology development over the past 20 years, and public opinion is not arguing that this is wrong.

The question is why we couldn’t make it a reality.

However, some intellectuals drew the line, saying that such debate was meaningless.

[Even though the United States is the world’s most powerful country, it cannot do everything alone. Look at the statistics. The United States has invested $70 billion in technology development alone over the past 20 years, and thanks to this, it has become a source country with technologies that can change the world.

But it was too much of a loss to touch the production line, and there was not enough manpower to jump into such work. So, didn’t you need help from a friend? Everyone criticizes that Daehan Transportation monopolized the production line in the United States, but think about it the other way around.

Every time Daehan Transportation produces a semiconductor, American companies receive incentives. Given the current trend, the incentives that American companies will receive in the future will exceed $2 billion.

In this situation, do you think American companies and engineers will treat Daehan Transportation as their enemy? Daehan Transportation is their friend and the US government should follow suit. If necessary, the US government should consider providing subsidies.]

The article that turned America upside down,

Does it make sense for the government to provide subsidies to companies in other countries?

But that’s a needless worry, Daehan Transportation is a multinational company with investors all over the world.

It is not right for Americans to treat Daehan Transportation as a monster trying to devour the United States, given the Reagan administration’s efforts to attract multinational corporations and boost California’s economy.

So, President Reagan also tried to tempt Daehan Transportation by moving its headquarters to the United States, promising subsidies and tax benefits if it did so.

***

“Sir, this is the memory technology that will lead the next-generation semiconductor market.”

“How much better is it than the existing one?”

“You can put 80,000 pieces of information here. It’s 80 times better than what was previously available.”

The same routine that repeats itself today,

After finishing my business trip to Japan, I met with businessmen in Gyeongseong again.

When you wake up, you see that American technology is advanced. Isn’t that normal, considering that 70 billion dollars were poured in over 20 years?

But unfortunately, reality cannot keep up with that.

The production line currently being built in the US is tailored to existing technology, so are you going to replace it now?

From the manufacturing industry’s perspective, profit is the biggest issue. No matter how good the technology is, if the conditions for realizing it are not met, it cannot be helped but be buried.

Ironically, this is why American manufacturing is failing.

We don’t build production lines because new technologies come out every day.

“I guess better technology will come out soon.”

“Let’s wait a little longer, it’s not too late to take pictures of the items then.”

While the United States was just watching, Japan had already set up its production lines and started churning out products.

No matter how excellent the technology is, it is useless if it is dormant in the head. That is why exhausted technicians have been handing over their technology to Japan and receiving incentives.

So am I going to repeat the same mistakes as America?

Even though they couldn’t implement it right away, they bought the technology developed by American geniuses.

“Would you be satisfied with $8 million?”

“Huh? 8 million dollars?!!”

“Yes, is there anything missing?”

“No!! No!! I am satisfied!!”

“And you will need funds for future technology development, right? We will invest 800,000 dollars every year. Please continue to develop good technologies.”

As this pattern repeated itself, the company began to accumulate technology.

28 years ago, who would have imagined that Daehan Transportation, which was barely transporting rice, would touch the semiconductor market?

Because of this, my wealth has become meaningless to count.

Just like China, where the population grows as I open my eyes and wake up, my wealth is also growing infinitely.

I recently estimated my wealth in the US at $25 billion, but I can’t even be sure of the exact figure anymore.

They receive 450 billion won in corporate dividends every year, but this is just the tip of the iceberg. The stock chart has also recently risen 6%, and they have even touched the semiconductor industry, so now all that is left is to sweep up the money.

‘President of the United States… I don’t have to do this?’

Here I modified my goal.

Originally, my goal was to become the President of the United States, but before I knew it, I had already taken over the United States.

If I support the engineers as I am doing now and make them my allies, the future industries that America has worked on for 20 years will also be mine.

What’s the point of becoming president of a country you’ve already eaten?

I had a dream a little bigger than that.

‘Should I create a world government? It’ll just end up fighting each other all the time… I’ll just end the chaos with my own hands.’

World government used to be thought of as something that could only be imagined, but given current trends, it may not be entirely impossible.

The Middle East, which had been in turmoil, found some stability, and the Cold War between the US and the Soviet Union began to fizzle out with the emergence of South Korea as a mediator.

Has the world ever been this peaceful in recent years?

If the world is going to end war, I’m going to support that cause, starting with small things.