Episode 194. Gather energy.
Early April 2005.
Damoye Energy, a joint venture created by recruiting personnel from RG Chemical’s battery sector, was officially established.
Later, when a mass production line for batteries is built, we will move to the side.
We decided to use the 20th and 21st floors of the center as our temporary headquarters.
mid-April.
The meeting room of the energy headquarters.
Park Yi-jeong, who was appointed as president earlier this month, was reporting on the status of the construction of a test line to test and produce batteries.
“The administrative process related to the site has been completed, and the foundation work started yesterday. Estimated completion date is mid-June.”
“How is the preparation of the experimental equipment necessary for battery development going?”
“The order went in. All of them will be in stock until the test line is completed, so development can begin as soon as the test line is completed.”
“good. Again, I plan to bring electric vehicles to the market within two years. We need to be able to travel more than 300km on a single charge to compete with internal combustion engine cars, so we need to increase the battery capacity by more than three times from the current level.”
President Park responded with an ambitious face.
“I joined Damoye, the best group in Korea, and the working conditions guaranteed by the president are so good that all the employees have a high morale. It will definitely be achievable.”
“okay. I only trust Mr. Park. haha.”
Doosung Group Chairman Koo Yeo-beom’s office.
Koo Yeo-beom was in a solo study with Doosung Telecom president Jeon Tae-hyung.
He asked with a face embracing anticipation for the first time in a long time since Jaewoon lost world communications.
“So, you mean that Hwansung Electronics developed a 4G communication standard called Wibro in collaboration with Walcom of the US, and has already reached a level that can be commercialized?”
“That’s right. I went to Hwansung Electronics yesterday and saw a demonstration in person, and there were no major problems while making calls and receiving data. In particular, LTE transmission speed is up to 75 Mbps, while Wi-Bro is capable of up to 80 Mbps.
At that, the old woman laughed out loud.
“haha. Hwansung Group Chairman Yang Ki-moon, I didn’t think this yangban was going to collapse like this, but he was plotting such a plan. It’s a new 4G communication…”
The former Yeo-beom, who had been thinking for a moment, asked.
“Did you say that you can supply communication equipment right away?”
“Only communication equipment for base stations has been developed yet, but if we show our will to install WiBro, we will prepare the rest of the communication equipment as soon as possible.”
“That’s right…”
Koo Yeo-beom, who was pounding on the table with her fingers, opened her mouth.
“I am the boss.”
“Please contact Hwansung Electronics immediately to introduce WiBro.”
Jeon Tae-hyung was quite surprised at Koo Yeo-beom’s decision faster than expected.
Although Hwansung Electronics announced that it could be commercialized.
However, as no place has introduced WiBro so far, it was impossible to know what would happen if the infrastructure was actually installed.
The reason for telling the story of WiBro to Yeo-beom Koo was also meant to be taken into account, not to introduce it right away.
“..are you talking right now?”
“Although Hwansung Electronics said that it guarantees performance, it is still difficult to say that there is no risk as it is a new communication standard. Moreover, most of all, WiBro is a standard that D phone does not support, so it may be ignored by consumers.”
Goo Yeo-beom answered with a calm face.
“What if there is some risk? If it stays like this anyway, it’s going to die out because of Damoye’s 4G… Kang Jae-woon might one day release LTE communication equipment, but we don’t know how far our market share will fall if we wait impatiently. It’s still dripping every month… I can’t look at it like that anymore.”
“…if the president’s will is that way, I understand. We will contact Hwansung Electronics to discuss the WiBro infrastructure construction schedule.”
“Schedule as soon as possible. Instead, make sure you get one promise.”
“What promise are you talking about?”
“Hwansung Electronics promises to release the next smartphone exclusively for WiBro! We need to have a WiBro-capable terminal to secure customers. Besides, if WiBro goes down, you have to take the risk that it will go down together.
Jeon Tae-hyung made an admiring expression on his face.
‘Indeed… Although you were pushed by Chairman Kang Jae-woon, you still have the management skills that once made Doosung Telecom No. 1 in market share.’
“I will do that.”
“okay. Get out.”
My friend Yoon Myung-ho received a call.
“Jaewoon-ah… no, should I call you Chairman Kang now?”
“Just call me what you called me. You don’t even have a business relationship with me, what kind of president are you?”
“okay? Are you sure you said it was okay?”
“Of course. No one else knows, but you deserve to be called that.”
“It’s nice to say that, haha. I was discharged not long ago! Let’s eat rice once in a while when we have time.”
“What? discharge? Is that time already?”
“Already Mr. I think 10 years have passed…”
“haha. Anyway, congratulations! After talking, I’ll see you tonight.”
“okay? great. Shall we get something delicious from our president?”
Galbi restaurant near Damoye Center.
I chartered the whole restaurant.
Myeongho glanced around with an awkward face.
“Hey, do I really have to do this?”
“Because this is a place where we do business targeting our employees. If you are an employee of Hwansung Electronics, imagine that Chairman Hwansung is at the table right next to you. Will the rice pass properly?”
Myungho put on a shaky expression on his face.
“..the water doesn’t seem to go over.”
“right? So you have to do this. Otherwise, only the owner of the restaurant and the staff avoid it.”
Myeongho looked at me with a new face.
“Hey~ I feel a little bit real when I say that. Kang Jae-woon, who used to drink 200 milliliters of milk at the concession stand in high school, has really become the president of a large corporation?”
“Did you feel it now? haha. But that doesn’t mean the years we’ve been together have changed, right? I am still your friend.”
“haha. but. You are not the type to change easily.”
We continued the conversation by placing Korean beef ribs on the grill one by one.
“Did you manage your stamina well in the military?”
“of course. From the time I was training, it was known that I was your friend, so there was no one to bully me unnecessarily, and even when I was just assigned to my own squadron, my seniors spoke up. He said that he was my brother..
Myeongho, who was giggled or laughed just thinking about it, continued.
“Anyway, I had a lot of time left, so I worked hard on one exercise.”
“It’s fine. Anyway, I have reserved a seat for you in America.”
“UFC?”
“okay. You know how popular the UFC is right now?”
Immediately after I took over the UFC, rules were added to protect players.
Shortly thereafter, the UFC ban was lifted.
As the game resumed little by little, the growing reality show, which was produced close to the real situation, was a jackpot, as I expected.
It has significantly increased D Flix subscribers and UFC fans.
“I know…but did you really save your life like that?”
“Of course. I told you. to keep you alive.”
Myeong-ho looked at me and spit out a word.
“..Thank you. I didn’t do much for you, but I always get help like this.”
“Okay, man. I think it’s just your luck that you met good friends. Still, I can’t get a title fight right away. know?”
Myungho was the only friend in my previous life who didn’t pretend not to know when I was having a hard time.
I could have done more than this.
He didn’t want more than this, so it was just over.
Myungho smiled at my generosity.
“What about the title fight? That’s the spec on my part. We will officially start from the bottom and go up in a straight line until the title fight, so stay tuned!”
“okay. Don’t expect it! haha.”
Representative office of VOE headquarters.
Manufacturing team leader Zhi Xuen was reporting the line construction status to CEO Wang Shuo.
“The second 5th generation line has been completed. We are currently in the process of setting up, so we expect to be able to produce little by little from the middle of next month.”
Wang Shuo gave a pleasant smile.
“haha. It’s a lot faster than I thought. I thought it would take two more months.”
Zhu Xuen raised his thumb and said.
“The engineers at RG Display brought in by the president were a great help. To be honest, I was a bit ignorant at first because they came from a company that was pushed back by TM Display, but my skills were not normal.”
“Speak of course. Until Kang Jae-woon took over TM Display, he was one of the top five LCD manufacturers in the world, but he had no choice but to have skills.”
However, it was not possible to like RG Display engineers just because they had the skills.
Because VOE was betting against TM Display, which pushed out RG Display.
Zhu Xuen, worried about whether the match could be won, continued with a heavy face.
“..By the way, if RG is like this, what is the level of engineers at TM Display? I can feel that I am fighting a powerful opponent again…”
Even with Zhi Xuen’s words, Wang Shuo was still confident.
“No matter how good TM Display is, it can’t be beaten by money. We have a funding source called the Chinese government, what do we have to worry about? Regardless of the cost, if we wage a bloody competition by selling panels cheaper than TM, we have no choice but to win. 5 billion yuan (800 billion won)? 10 billion yuan (1.6 trillion won)? We can stand it no matter how much damage it costs, but TM won’t.”
Zhu Xuen’s face brightened.
“Well, the boss is right. The Chinese government is actively pushing us, but no matter how good TM is, it can’t survive, right?”
“okay. So, don’t think about it and just focus on line operation.”
#Damoye Communication (formerly World Telecom) headquarters conference room.
Jaewoon was listening to the end-of-quarter earnings report from Lim Chan-kyung, the head of the marketing department.
“The market share in the third quarter was 47.8%, which is more than a 17% difference from Doosung Telecom, which is in second place. Now, the business is on track with no difficulty in maintaining the No. 1 market share.”
In general, the higher the share, the better.
If it exceeds 50%, it has the disadvantage of being designated as a market dominant operator under the Fair Trade Act.
If you become a market-dominant business operator, the degree of regulation under the Fair Trade Act becomes very strong, and the degree of freedom of business is greatly reduced.
Jaune couldn’t help but be happy.
“Hmm…just a little more and it’ll be over 50%.”
Executive Director Lim opened his mouth with a subtle expression.
“..It seems that it will take some time to exceed 50% of the market share. Doosung Telecom started laying the 4G communication infrastructure some time ago.”
“4G communication? It’s not LTE, what’s the communication standard?”
“There is a communication standard that Hwansung Electronics and Wallcom developed jointly called Wibro, and it seems that they are laying it out.”
At those words, Jaewoon recalled old memories.
‘By the way, was it around this time that it was developed? I think I was served by Doosung Telecom and KTT in my past life… I still remember the egg-shaped data relay terminal. It brings back memories…’
“WiBro… It seems that Doosung Telecom has not yet given up on its regrets about reclaiming the No. 1 spot.”
“..That’s right. Since we started to independently lay the 4G communication network, the possibility that we will be regulated by the Fair Trade Act is lowered, but the battle for market share seems to be fiercer than now.”
Jaewoon smiled brightly.
“If I do nothing and stand still, that will happen.”
“..that means you have a plan..?”
“yes. LTE-A, I think it’s time to release that technology.”
LTE-A (Advanced).
It is a technology that greatly contributed to LTE’s victory in competition with other 4G communication standards such as WiBro.
Because it was able to transmit data at least twice to up to 12 times higher than the existing LTE by bundling several frequency bands.
Jaewoon planned to counterattack Doosung Telecom with this technology.
