The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 704
Only Krnovel
#704.
Executive Director Yoon Jong-soo shouted.
“Could it be that CEO Bae Jong-gu helped Director Choi Min-hyeok in his past life?”
Surprisingly, my guess was correct.
But no one believed that.
“What was the past life?”
Team Leader Heo Jong-jin also snickered. Even if it was his past life, it would have been the same.
“Aren’t you saying that Director Choi Min-hyeok remembers his past life? Do you call that speech?”
“but.”
“That doesn’t seem right.”
“Okay, I admit that. But if you assume that, isn’t that plausible? Look at Director Choi Min-hyeok’s actions so far. I would like to point out that he bought up MP3 patents, leaving other things aside.”
In fact, anecdotes about Director Choi Min-hyeok have already been reported through various media outlets.
Among these, the most representative issue is that Director Choi Min-hyeok traveled around Europe, including Germany and France, to obtain patents related to MP3.
Even the story of purchasing a patent from the patent troll Sisbel is still told.
“When you look closely at the actions of Director Choi Min-hyeok, you get the feeling that he is well aware of the future value of MP3. Who would have thought that at the time?”
It was quiet.
It was a pretty plausible story.
Manager Cho Heon-ju, who had been watching from one side, intervened subtly.
“Isn’t that the important thing right now? Director Choi Min-hyeok wouldn’t have helped us for no reason. There must be a reason. It could be fate from a past life, or he’s a time traveler.”
There was silence when the topic of ‘time travelers’ came up.
It was an absurd story.
But that also seemed plausible.
President Bae Jong-gu refuted the story as nonsense and then answered the phone.
[Choi, Director Choi Min-hyeok?!]
* * *
Choi Min-hyeok snickered at President Bae Jong-gu’s words, which sounded like a patient who had been playing golf.
[Why are you so surprised? Were you just chewing me out without me?]
[Oh, no. Oh, and thank you again.]
Director Choi Min-hyeok also ended up laughing.
[What did I do? After all, the original technology was completed thanks to Team Leader Heo Jong-jin. Wasn’t the prototype designed by future technology?]
President Bae Jong-gu was also surprised. He would have passed over this story normally, but he thought that Director Choi Min-hyeok might have known this information in advance.
‘Can you really know the future? Ah, that’s ridiculous.’
[Oh, no. If Director Choi Min-hyeok had not handed over the original technology and related data, this would have been absolutely impossible.]
[Thank you for your words, but I can’t see it that way. After all, the work is done in future technology. I was just guiding you from the side. And congratulations again on this Motorola contract.]
Even President Bae Jong-gu was now astonished at Director Choi Min-hyeok’s humility. Whether it was a past life or future information, it didn’t matter.
The key is that Director Choi Min-hyeok is able to handle things smoothly.
[No. That is because KM Electronics’ Vice President Sangki Park mediates well.]
[Oh, you mean Vice President Park Sang-ki? Ah, I guess he handled it well without any major problems.]
[That’s not all. I was surprised that Motorola employees didn’t even make a sound.]
[hmm.]
Choi Min-hyeok also suddenly recalled his memories of Vice-Chief Park Sang-gi. Strangely, he didn’t have any particular memories. He was barely anything special.
‘But I’m one of those who stuck with KM Electronics until the end.’
Those who survived under the dictatorship of yours, Executive Director Choi Hoon-yeol, were people who were difficult to ignore.
He also demonstrated his abilities without showing any signs of it.
[and…….]
President Bae Jong-gu told several anecdotes from the negotiation process with Motorola. The negotiations were not easily resolved, so there was a lot to talk about.
Choi Min-hyeok nodded. Regarding Vice President Park Sang-ki’s abilities.
‘Well, he’s someone who can be promoted to manager now. Should I say that he’s been verified this time?’
Executive Director Yoon Jong-soo and Team Leader Heo Jong-jin also listened to Director Choi Min-hyeok’s voice.
Thanks to the speakerphone, the two were able to silently listen to Director Choi Min-hyeok.
When Choi Min-hyeok decided that he had heard enough about the Motorola contract, he got down to business.
[Oh, the reason I’m calling you is because of the battery production supply. It’s difficult right now, right?]
[We plan to immediately expand the factory with the 250 billion won invested.]
The 200 billion was, to be exact, Director Choi Min-hyeok’s money. This is because the funds used to acquire the future technology shares were Director Choi Min-hyeok’s personal money.
But I didn’t necessarily say that.
[Of course we should do that. But right now, performance is also important. Don’t they say you should row when the water rises? Right now, this time is important.]
[Huh? What do you mean?]
Choi Min-hyeok hesitated about how to explain it. He had to tell them to use Oseong Electronics’ infrastructure instead of his own perfectly good factory. However, he didn’t think long about it. The important thing was to get the work done quickly.
[The domestic digital mobile phone market is currently in a state of intense competition. StarTAC is a good example. Therefore, various mobile phones will flood the market.]
[I know that. I’ve already received a lot of contact from cell phone companies.]
It wasn’t just that we received a lot of calls. We received so many calls from companies that the Future Technology headquarters phone line was jammed.
Cell phone companies competed fiercely, especially to dominate the market.
‘There’s an MP3 company there too.’
There were so many requests that even Future Technology was at a loss.
In particular, the love calls from Korea Mobile Telecom, Shinsegae Telecom, and LH Information and Communication went beyond stalking.
Should I say that I’ve finally caught my breath?
However, CEO Bae Jong-gu did not mention such a point. He showed his attitude that future technology will remain unchanged and stable.
Choi Min-hyeok was quite satisfied with that. In his previous life, President Bae Jong-gu had shown himself to be unwavering no matter how difficult the situation was.
‘I didn’t choose him simply because he had been a favor to me in my past life. I think he is the best person to be in charge of future technology.’
[That would be even better. I think Mr. Bae is well aware of the realistic problems, so I would like to suggest an alternative. How about joining hands with Oseong Electronics?]
[Huh? What do you mean?]
[Osung Electronics has already built a KMB-01 battery production facility to some extent after receiving the license. We would like to use that facility to start producing batteries right away using Future Technology.]
[That’s a bit… … .]
He was very embarrassed.
It was plausible that Oseong Electronics had already built battery production facilities.
If it’s Osung Electronics, it can do that with pre-stop work.
Even if we were to put our hands on the factory within Oseong Electronics, it would be more than enough to mass produce by now.
However, the purpose of this will be to produce batteries for use within Oseong Electronics.
Renting that equipment to small and medium-sized businesses.
Does that make sense?
There’s no way that Oh Sung Electronics would have made such a contract if he hadn’t gone crazy.
Usually, large companies outsource work to small and medium-sized companies, and then the small and medium-sized companies receive that work and supply it to the large companies.
In other words, this method means that future technology will become the leader and provide quantity to Oseong Electronics.
Choi Min-hyeok also knows what he means. But now, even Oseong Electronics was in a situation where they couldn’t ignore what he said.
[Since you have already discussed this with Director Kwon Tae-seong, please talk to Osung Electronics. First, it is important to start production of KMB-01. And then announce it directly through the media.]
[yes?]
[If possible, I would like to say that through the media, you should explain that future technology can increase production by using external factories if necessary. It would also be good to inform people that product defect rates can be drastically reduced by using Osung Electronics’ production technology.]
Executive Director Yoon Jong-soo was quietly listening from the side, but then suddenly intervened.
[This is Managing Director Yoon Jong-su. What if Osung Electronics copies our technology?]
Director Choi Min-hyeok chuckled.
[Well, if we only had battery technology, then that would be possible. But do you really think that KM Electronics only has battery technology?]
Team leader Heo Jong-jin chuckled and joined in.
[Team Leader Heo Jong-jin. Even for Osung Electronics, it won’t be easy to create a battery bypass patent right away. If a patent dispute arises, Osung Electronics may have to lose more than they think. Or they may end up paying more in negotiations. Furthermore, the good thing about Osung Electronics is that it will be difficult for others to copy our technology.]
Choi Min-hyeok was satisfied with Team Leader Heo Jong-jin’s words.
[You don’t have to worry about that. The battery source technology patents will be reinforced in the future. Ohsung Electronics can’t copy them all. And you just have to negotiate well so that Ohsung Electronics doesn’t have to do that. That’s why we gave Motorola a 15% stake.]
[ah.]
Only then did President Bae Jong-gu sigh. He had not known why Director Choi Min-hyeok had suddenly handed over future technology shares to Motorola and drastically reduced the negotiation process, but now he knew the reason.
Only then did Director Choi Min-hyeok come to a conclusion.
[For now, increase the production of KMP-01 batteries using Oseong Electronics facilities and supply them to Motorola, and in the meantime, try to sell to other companies.]
[…All right.]
* * *
Manager Im Kwon-soo sighed as he saw the planning team of Oseong Electronics working so hard these days. He realized once again that this planning team was much more intense than he had thought.
What he finds particularly annoying is that Senior Vice President Kim Hyeon-woo comes by every now and then and clings to him like a leech.
However, I couldn’t manipulate Senior Vice President Kim Hyeon-woo as I pleased.
It is because of the financial power of President Choi Du-jin, as I heard from Senior Vice President Kim Hyeon-woo.
What particularly surprised him was that he had heard stories of people making billions by investing in early Apple stocks.
Perhaps because of that, the planning team at Oseong Electronics avoided Senior Manager Kim Hyeon-woo.
Even other Oh Sung Electronics executives and employees are the same.
When I was walking down the hallway and ran into him, I just passed by Senior Vice President Kim Hyeon-woo.
Originally, I would have cursed at Senior Vice President Kim Hyeon-woo, but now I can’t even do that.
“Oh, I’m going to die because of that piglet!”
Vice Minister Hwang Gwang-su also stuck out his tongue.
“He is truly an amazing person. Executive Director Choi Hoon-yeol went to prison, but that person did not go to prison. As far as I know, the amount of embezzlement was probably greater than that of Executive Director Choi Hoon-yeol!”
Even Vice Minister Hwang Gwang-su, who rarely curses at others, had a tired look on his face.
What particularly surprised him was the conduct of Senior Vice President Kim Hyeon-woo, who is still doing well at Oseong Electronics.
Why else would they have sealed off Senior Vice President Kim Hyun-woo’s team in an office isolated by a partition?
“Honestly, now I have no choice but to acknowledge Director Choi Min-hyeok’s abilities.”
“but.”
Director Im Kwon-soo also nodded obediently. After all, the person who had ousted Senior Director Kim Hyeon-woo was Director Choi Min-hyeok. Now, he was curious as to how that was possible.
But then, I suddenly got a call from Director Kwon Tae-seong, who was in the United States.
At first I thought it was a call saying he would be coming to Korea soon, but that wasn’t the case at all.
[Huh? What do you mean? We should rent our battery production plant to Future Technology? Are you kidding me?]
[I know things have gotten ridiculous. But I can’t help it. So just follow the instructions. I already sent the report via email. Oh, I processed it with my own decision, but it’s already been reported to the higher-ups, so just proceed.]
[Now, wait a minute. Sir, this is absolutely nonsense. Then, aren’t you saying that our Osung Electronics is going to be subcontracted for future technology?]
[It’s not subcontracting. But the situation can’t be helped. This is something that Director Choi Min-hyeok personally requested. Ha, and this has already been reported to the headquarters of the Oseong Group, so don’t worry unnecessarily. Don’t block the work and make the problem worse.]