The Magician’s Memorial - Chapter 52



Only Krnovel

Episode 52. False information (3)

A few days later.

The Innophone false slander incident was quickly corrected.

The newspaper that pointed out the problem reported the full story of this incident along with a correction article.

As famous foreign media and experts came forward to defend Innophone, the situation turned around at once, and Innophone’s popularity only increased.

With such popularity, Innophone was released. A problem arose immediately.

This was a problem I had been thinking about since I first prepared InnoPhone.

“Director, we are out of stock. “We are continuing to produce in three shifts, but the quantity is insufficient.”

“Are you saying we’re all out of stock?”

“More than 300,000 orders have been received from the U.S. alone, 100,000 from Europe, and close to 100,000 from Korea.”

300,000 units in stock sold out immediately after launch.

This was selling faster than I expected.

“Even if we assume that the United States has a large population, did Korea also receive orders for 100,000 units?”

“As it is a product recognized abroad, the response in the Korean market has been enthusiastic.”

Is it called Gukbbong?

Anyway, I would like to buy a Korean product that is popular in foreign markets.

Although Taewoo Electronics’ mobile phone was unfamiliar to the Korean market, orders were flooding in due to its popularity overseas.

“Even if the factory operates at full capacity 24 hours a day, the inventory problem will not be solved.”

“It is absolutely impossible. At least two or more factories must produce additional products to meet the current order volume. “Honestly, if the number of orders increases here, there is no answer.”

The factory manager was on the verge of death.

So far, we have never been unable to sell a product due to lack of production, so it must be very painful.

“An emergency presidents’ meeting has already been convened. “I will report this problem to the Chairman and CEO and find a solution.”

“Please hurry up. “Home appliance dealers are coming to the factory, clamoring for goods.”

I got in my car and quickly headed to the group headquarters.

Recently, the presidents’ meeting has been held frequently, and the topic of this presidents’ meeting was President Park Jin-hoon.

It was reported in the media that the leadership of Taewoo Electronics had intentionally leaked false information, and those in the know already knew that the leadership was President Park Jin-hoon.

So today was the presidents’ meeting where President Park Jin-hoon’s execution ceremony would be held.

The audit team also thoroughly investigated President Park Jin-hoon’s actions and even obtained testimony from reporter Park and the vice president, so there was absolutely no way for President Park Jin-hoon to escape.

Is it because you think happy thoughts?

Before I knew it, we arrived at the group headquarters, and I went straight into the conference room where the CEO meeting was in progress.

“Now that the director of the research institute has arrived, let’s start the meeting.”

Were you waiting for me?

Well, since I was one of the main actors in this case, of course the meeting couldn’t have proceeded without me.

The manager proceeded with the meeting quickly.

I interrogated President Park Jin-hoon by presenting the materials received from the audit team.

The evidence was so clear that President Park Jin-hoon could not even make a proper excuse.

Since the evidence collected by Captain Kang was also handed over to the audit team, the evidence was overflowing.

Still, I wasn’t just suffering. He looked truly aggrieved and made up the excuses he could think of.

“I fell into a trap. “I have never met a newspaper reporter who spread false information.”

“The reporter said he received money directly from you. What is wrong with that? “Can you say that even after seeing this?”

The grandfather threw an envelope containing a check toward President Park Jin-hoon.

The envelope in Reporter Park’s pocket was passed on to his grandfather, and then returned to its owner, President Park Jin-hoon.

“… … .”

“The audit team even checked the check number. They say the check went to Taewoo Electronics. “It’s going to get even uglier from here!”

“I really am not.”

“I witnessed CEO Park Jin-hoon take out a check envelope from the safe. And they also gave me instructions to collect false information.”

The vice president boldly stepped forward.

Without blinking an eye, he betrayed President Park Jin-hoon, whom he had served for a long time.

“Vice President Woo Seong-il! What are you talking about now? “When did I do that?”

“President Park Jin-hoon wanted to cause Innophone to fail in order to oust Director Kim Min-jae, and he also spread false information to newspapers.”

“You’re the one who met the newspaper reporter!”

President Park Jin-hoon did not just die.

The moment he realized that the vice president had betrayed him, he adopted a strategy of dying together.

But can we die together? A strong rope was tied around the vice president’s body.

“Let me tell you something. Vice President Woo Seong-il came to me and told me the situation when President Park Jin-hoon gave unfair instructions. Thanks to that, I was able to recognize early on that slanderous articles related to InnoPhone would be published and was able to deal with them.”

The rope tied to the vice president’s body was me.

Who would have an issue with me, the biggest victim, coming forward to defend the vice president?

“Why did the vice president visit Director Kim instead of visiting me?”

“I didn’t want to disturb the chairman with internal issues. And Director Kim Min-jae thought he was a party and submitted a report. “I am truly sorry for not being able to tell the Chairman.”

“Tsk, tsk, the group is going very well. Are we already lining up to become the next president?”

“no. “How can you feel that way when the chairman corrects you?”

“Let’s leave that problem behind for now. President Park Jin-hoon, is there anything else to say?”

Among the presidents, no one looked directly into the grandfather’s eyes.

It was the first time even I had seen such scary eyes from an old man, and President Park Jin-hoon could not say anything and just lowered his head.

“I would like to handle it legally, but I still know that Park Jin-hoon worked hard for the Taewo Group. So leave quietly.”

“President! I still have a lot of work left to do for Taewoo. Please give me one more chance.”

It was important here.

Even if my grandfather was at the top of power, he couldn’t go against the public sentiment.

At the presidents’ meeting, public sentiment was the voice of the presidents.

[President Park Jin-hoon acknowledges the credit for the past efforts, but this incident went too far. We must not only accept the resignation, but also conduct a thorough investigation and recover all the money that has been embezzled.]

[President Park Jin-hoon lost trust simply by leaking internal confidential information. I can’t be in the same space as him anymore.]

[I agree with President Park Jin-hoon’s resignation. However, you will need to sign a confidentiality agreement before sending it out. Just like he did this time, he will do the same thing next time.]

The public sentiment was turning towards me.

The CEOs, who had originally advocated neutrality, remained silent.

Rather, the presidents who belonged to President Park Jin-hoon’s faction raised their voices and criticized him.

Originally, converts were more extreme.

Since the CEOs switched from President Park Jin-Hoon to me, they criticized President Park Jin-Hoon as if competing for loyalty.

When the situation became like this, I turned my head and looked at Vice President Woo Seong-il.

He was giving me an innocent look, as if he was a puppy looking for praise.

“CEO Park Jin-hoon, go to the audit team right now. “I will send lawyers to the audit team, so make sure everything is finalized before leaving.”

“Shoes, Chairman.”

“Don’t get any uglier.”

Grandfather turned his head away.

It must be heartbreaking to throw away someone like your left arm like this.

Meanwhile, President Park Jin-hoon was dragged out of the conference room.

When I saw him being dragged out to the slaughterhouse, I felt relieved.

Who said revenge is ugly?

When I saw the person on the death list I had written in my previous life being dragged away, I felt like something inside my heart was being ripped out.

“We will continue with the meeting. Please report any problems with Innophone’s production.”

The manager changed the subject with good timing.

Only then did my grandfather turn his head and look at me again.

“Innophone’s inventory of 300,000 units has been exhausted. “I requested more factories from the development stage of InnoPhone, but President Park Jin-hoon refused, so we were unable to produce more inventory.”

“Is it President Park Jin-hoon again this time? How many orders have been received so that they say there is a shortage of inventory?”

“We need to produce at least 100,000 units per month. In particular, orders from the United States and Korea continue to increase explosively.”

The grandfather and the presidents all looked surprised.

Who would have expected that more than 300,000 mobile phones would be sold upon release?

Moreover, since the order volume was increasing rather than decreasing over time, it would be difficult to hide one’s emotions.

“It must be too much to manage in a research lab.”

“Additional production from at least two factories is required to satisfy even the minimum demand. However, it is not enough to manage all factories with only the staff at the research institute.”

“Then how about transferring InnoPhone from the research institute to Taewoo Electronics?”

In fact, it was the same for affiliates such as the research institute and Taewoo Electronics.

Since CEO Park Jin-hoon was gone, there was no problem with transferring the company to Taewoo Electronics, but I reacted negatively.

“There are still many employees left at Taewoo Electronics who follow President Park Jin-hoon. Also, transfer is difficult because there is a possibility that something untoward may occur.”

“Wouldn’t it be okay to erase President Park Jin-hoon’s traces? It seems like all these problems will be solved once you become CEO of Taewoo Electronics. “What does everyone think?”

My grandfather finally decided to appoint me as president of Taewoo Electronics.

Innophone’s success and President Park Jin-hoon’s downfall.

Since all conditions were met, there was no problem promoting me to president.

[That’s a good idea. Just as the mobile phone division was reformed through Innophone, Taewoo Electronics’ home appliances will also be transformed into better products under Director Kim’s hands.]

[This is Director Kim, who has already demonstrated his abilities. Although he is still young, the public will understand that he is appointed as president because Innophone is successful.]

[There is no one more qualified to be the president of Taewoo Electronics than Director Kim.]

There was no problem as there was a heated competition for loyalty between the presidents.

As the situation unfolded, my grandfather asked me the same question again.

“How about Director Kim Min-jae taking office as president of Taewoo Electronics?”

“… … .”

I didn’t say anything.

They say silence equals positivity, but my grandfather realized that there was a reason why I was reluctant to speak.

“Hmm, I guess I’ll stop the meeting for a moment. Everyone go to the bathroom and have a cup of coffee. Director Kim is following me.”

I followed him into the president’s office without saying a word.

As soon as the door to the president’s office closed, my grandfather became angry.

“Didn’t you say you wanted to sit as president of Taewoo Electronics? “But why are you keeping your mouth shut?”

“If I become president, will I be able to run Taewoo Electronics properly?”

“What do you mean by that?”

“I want to take full responsibility for Taewoo Electronics, not just manage it.”

“Are you saying you want to be the owner of Taewoo Electronics, not the president?”

There was only one difference between the boss and the owner.

The difference between owning shares or not.

To put it simply, I was now begging for a share.