Absolute Wizard

Absolute Wizard 25

Chapter 7 Dongbo Hitec

One of the things that's been burning lately is the lack of communication. Decided independently and did not look around.

However, the story is largely political and not enterprise. I think it will be a little less if I do business activities.

That's what Jo Min-woo thought, and she actually made a bold decision below, so she thought there was no problem. But the results were different.

He couldn't believe it, so he ran a private survey on existing employees.

You're a bit of a do-gooder.

But I think there is a leadership.

I'm good, because you got me an apartment and paid off my debt. I'm quite satisfied with my salary now.

But I've heard a lot of complaints from people like me, and I don't think so. It cares about the talented, but not the talented.

It's kind of like iron management for the people you work for down there. They don't cut you, but they don't give you anything important.

There were probably a lot of complaints before the raincomb bill came out. But everyone was resting because they were afraid of you. Maybe if you had a public debate, your fist would come and go.

“........ ”

After reviewing the questionnaire, Cho Min-woo was also a little shocked. But he had so much to say, to be honest. Not all employees should be treated equally.

“My country is not communist, is it? You want me to take care of the employees who are not working at all? ”

Chief Yang shakes his head.

“That's not what I meant. We needed to make room for the staff downstairs to rest, and there was a bad angle to that. ”

“Poor corners? Tell me honestly."

He hesitated for a moment and finally told me.

“A dictator.”

“Hahaha.”

It was a hollow smile. It seemed shocked to me that Jo Min-woo's complexion had changed.

Both chiefs also opened their mouths cautiously to see if they had felt a bit excessive.

“Everyone has one. Your style is not necessarily bad. But there's a downside to employees. I wanted to embrace that, but I didn't. That's why the opposition was so much more powerful than I thought. The raincomb legislation is okay as long as it's reflected. ”

“Very well.”

* * *

Even Cho Min-woo was upset about the offer filled with bitterness, but did not ignore it unconditionally.

In fact, the domestic economy was like hell. In particular, the local economy, including cod, was so poor that it was difficult to hold hands.

There are a number of reasons why political power has been an unconditional welfare issue in the last decade. It cannot exist in this world that everyone is a happy country.

It's an propaganda that ignores the resource restrictions that we have.

In fact, there is a cruel part of killing those whose periods sag below the capitalist period, and when they accumulate, they naturally complain.

Complementing this is commonly called Modified Capitalism. Unfortunately, such political confusion is inevitable in the development of capitalism.

The communists and Nazis led German politics after the first war.

As the number of people pushed against capitalism grows, politicians have no choice but to do the politics they want to get voted for.

That is the political structure of so-called group selfishness.

In this state, the principle of capitalism dies. Ultimately, power is absolute, and what they do is they monopolize existing resources. This is actually the collapse of the economy.

Korea is like this right now. In fact, it is very dangerous to look at the history of capitalism. This is because group selfishness manipulates everything to protect their power.

It eventually creates social conflict and repels civil war. In the end, a world filled with blood and death is created.

It is no exaggeration to say that what Jo Min-woo did accelerated this change in the Korean economy.

He changed direction about the existing M SFET CPU development.

“Good. Let's do this, then. I know that there are some small and medium-sized Korean businesses recently. ”

“Of course there is. ”

“Look over there. ”

“What do you mean? ”

“If you really had a strong hatred for me, I'd like to try to solve it. I want to know how things are going to change. ”

Chairman Yang smiled.

“Excellent decision. ”

He stretches out his arms.

“Not necessarily. I'm just a little bit sober now. ”

* * *

The economic chaos that is happening around the world now has had many impacts on many parts of the business. Pad products are also no exception.

Due to the sudden decline in demand, supply has become excessive and the game has gotten worse.

Among these, it is the Fab company that does the damage. Changes in output of subcontract orders are dramatic.

The same group has not avoided the aftermath of this global economic downturn. Eventually, he had to sell the group to solve the liquidity problem.

Its representative company is the Dongbo Hitec. The company expected operating earnings to return to black, while stabilizing its financial structure.

Unfortunately, there was no profit.

I thought it would be easier to reduce interest costs, but it was an unexpected confusion.

Fab operating rate is well over 100%, but what is not profitable is the really troublesome part.

I have worked hard to reduce costs and increase productivity, but this is also limited.

This is not only the company, but the other semiconductor Fab as well.

Although a state-of-the-art company, increasing productivity is either increasing wafer input per hour or fine-tuning. It is acidic by increasing the number of dice in a single chapter. When the limit was reached, it had to grow, but this didn't happen as demand itself disappeared.

Dongbo High Tech Foundry Fab in Bucheon and Voice is still in poor condition due to cost issues.

President Kwon Cheol-o repeated his efforts because of this issue.

“What are you talking about? Start a union dispute? ”

“Didn't you receive your desired retirement request this time? That's why."

“I've told you enough. And the union has already accepted it, so why change the subject all of a sudden? ”

Dongbo Hitec is already looking for acquisitions. Therefore, when a new acquisition emerges, it is the first thing that reduces the number of people who can't afford it.

This hopeful retirement was also an attempt to facilitate such an acquisition.

Representative Kwon Cheol-o shouted in an exasperated tone.

“Isn't it because the union has always been in this position? And now you're here at the last minute and you're Izzie again? ”

“Phew, I think you should meet with the union. ”

“Make an appointment now! ”

Soon to be resumed union talks.

We didn't talk to each other.

Representative Kwon Cheol-o had already put everything down.

“Hey. You and I are no different. After the merger and acquisition, I had to back off, too. You're just gonna stand there and shit on the wall? ”

“Hmph, I should say something that makes sense. Isn't the company in this mess because of what those Eastern gangs did? You're blaming our union after you shaped the company?! ”

The negotiations were parallel. The union blamed the management, and the management had already moved away from the Eastern Group, so it was an argument to get to the end.

It was typically a typical picture of a congested company just before bankruptcy.

One of them, however, cried out in a blessed voice.

“We can't give up here. All you have to do is pass on this opportunity. And then we can go back to our good old days. We will lay down our lives to improve our product yield! ”

It was a reaction when I came to go.

Even Representative Kwon Cheol-o could not push the labor force to the limit.

“It's not that I don't know you. But the problem is demand. Foreign corporations, including Apple, are always the problem. Your labor costs are a problem to match the unit price. ”

“Okay, so what if we were to reduce that cost? ”

“Even so, it won't be easy. We don't have a good enough credit standing to see our Dongbo High Tech. Especially Korean companies are reluctant from other overseas companies because of rigid unions. You have to think about that. ”

“So we just die like this?! ”

The voice that went up again.

We were telling the same story again and again.

Even Kwon Cheol-o eventually lost his tie and drank cold water.

It was at that moment that Chairman Kim came in. He started whispering something to Director Kwon Cheol-o's ear. Soon after, I woke up from my seat.

Let's pause the meeting.

The Union Representative is curious and stares at his back.

* * *

There were two people in the conference room. One of them was a little old, and he appeared to be a superior, but instead he stood up.

The other young man was backpacking and looking around the office.

There were several awards, and I looked at them one by one.

“Memory companies did well in their heyday, but not now. I heard that the world is spinning, and it's the right thing to say........”

He turns around.

It was President Kwon Cheol-o.

I tried to speak out, but the opponent yells out in awesomeness.

“Da, are you…… Seo, by any chance President Jo Min Woo of Raincomb? ”

Representative Kwon Cheol-o couldn't open his mouth after recognizing the opponent. He was so shocked that he couldn't break up.

Jo Min-woo's reputation was already legendary around the world.

There were a lot of horses, especially when they disappeared in the end, like the artificial island M. Starting with the story of leaving for another parallel universe, all the stories of stars came out. But the story that floated with him was a legendary one.

Although there were many negative stories, Jo Min-woo's great work was already studied in many other countries.

He just showed up out of the blue, which is even weirder if you're not surprised.

Of course, Cho Min-woo was not overwhelmed.

“I am that Cho Min-woo. ”

He winked at his assistant, who sat back in his office with a smile on his face.

“This is cool and nice. ”

“Go, thank you. ”

She blushes slightly. I couldn't even breathe. He was recognized by the sound of 'Jo Min-woo'.

On the contrary, he was the opposite. When I recognized myself, I was rather uncomfortable with the reaction that appeared.

‘This is not good. Meeting Yoon Jung like that was a really good choice. ’

However, he immediately turned his back on the couch and looked back at the two who were restless.

“Well, I don't think this is a long story. ”

“Yes? W-what do you mean? ”

“Actually, I have a proposition for you. ”

“If you say offer……"

“I'd like to acquire the Dongbo Hitec. ”

“Are you sure?! ”

The two of them stood up and shouted.

Director Yang simply smiled and watched quietly by his side.

Jo Min-woo nods after briefly facing him in the eye.

“It's been a long time since I've had this reaction, but it's not a lie. Please make some space with the bonds. ”

“Oh, I see. ”

Representative Kwon Cheol-o nodded, and Chairman Kim began to call somewhere urgently. Soon after, he looked back at Jo Min-woo.

“Well, are you back in business then? ”

Jo Min-woo nods.

“Yes.”

“Th, my God! ”

He opens his mouth in horror and doesn't wake up.

Cho Min-woo was rather uncomfortable.

Was I that great? ’

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