Chapter 100
Johnstone Electronics
He took a debt of 7 trillion won and made it into 5 trillion with the condition “Pay in One Piece Cash Dollars,” which is almost 30% off.
I can still see the faces of bond groups and government representatives who were baffled by my unexpected proposal. This is not a stock of winter clothes for sale in spring, and this discount is an example that is unlimited.
“Of course. Long-term installments can’t be the same as cash lump sum. ”
“Yes? Sir, I don’t know what you mean…”
The Chief Secretary who was sitting next to me carefully asked as if he didn’t understand what I was saying.
“Oh, no. I’ve got an idea. ”
I looked at the pile of presidents, and I remembered the long process I had spent the last two years trying to get all of these companies to myself, and I thought about something else, and I muttered secretly.
Thinking differently is now pathological. Is this the hallmark of geniuses?
“Chief Lim, you haven’t told the team about the debt yet? ”
We don’t know how many of those debts were settled into five trillion won, except for two or three people who are still involved. It’s because they ordered us to save it.
I accepted it because the government asked me to, but some would say it was too cheap to see it from the outside.
But I couldn’t help but notice that the government was crying and hanging. ‘I cannot tell you the truth. The government is face-to-face.
I had to hide the exact situation until everything was confirmed.
“Yes, I haven’t made a presentation yet. ”
I don’t have to tell you the details, but I opened my mouth to inspire my pride in the name ‘Johnstone’ and to give my team a new goal.
“As some of you may know, the Johnstone Group is now in full debt settlement with the Debt Group.
Of course, overseas operations may have ties to some foreign creditors, but domestic debt is almost 100% resolved. ”
“Old? Well…”
“What?”
“No!”
“Oh my…”
Surprised by what I said, some executives are speechless to find out if they realized a mistake without even knowing it.
Most people also stare at me in surprise. Those frightening faces are very curious about the details.
“By the way, do I have the temperament of a star? ’
I was curious and muttered in my soul, watching the eyes of madness. Everyone stares at me and waits for something, but people who like to stand in front of others like to look at the public like this, and I guess so.
“Ah, I can’t discuss the details, but the debts that Group D inherited have all been settled in negotiation with the Debtors.
Now, our Johnstone Group Korea is a new company starting from debt zero. As you have been through a difficult process and have been reborn, we ask that you make every effort to normalize your management. ”
It’s quiet enough to hear a needle drop as I continue talking.
“From today, there is no excuse for not being able to pursue work because of the bond group or because of external awareness, or for missing good opportunities because of lack of money. You’re really going to get results this year based on your abilities. ”
Now that I’ve laid a yoke on it, I’ve begun to shout for ‘performance’. Yeah! How much money did you spend on this place?
Result! ‘I have to pay.
“Yes, I understand. ”
I was pleased to see the delegation answering in unison. More than 30 people answered, and the sound rang out in the conference room.
Wow. Am I the Chief of Staff now? I was relieved to see the reliable men.
Everyone’s got some talent, so we’ll make some money this year, right?
I’ve been told that we’re expecting black people this year in electronics, construction, shipbuilding, machinery, etc., so I don’t have any debts, so that’s all my money? Heheheh.
I had a smile on my face that made me feel better imagining a pleasant future.
I looked around and everyone didn’t know it in English, but since the owners feel good, they will feel the atmosphere is getting better.
I smiled at a few awkward smiles.
“Now please report back one by one. I’m going to take my time, but how much time do the leaders of this group need to know about the different companies?
Now we’re all here together under the name Johnston. We want to work closely together to achieve good results. Shall we start with the construction first? ”
One by one, I got a business report, and two hours passed quickly. To save time, I had sushi to eat and talk.
If there was one thing that was different, it felt like everyone had changed their attitude or attitude toward me because they had not been added to the Johnstone group or because there was a remnant of the former chairman that remained unclear.
All the presidents and executives I didn’t know were throwing up their pants to make themselves stand out, and they were furious with their company promotion.
In the heat of the meeting, everyone seems to have hope and confidence in the new leap, and now they clearly realize who the real owners of the company are.
After a total of three hours of meetings, I came out late in the afternoon.
“Madam President, shall we begin the individual interviews immediately?”
My scheduling assistant shows me the timeline. Isn’t this string candy?
Everyone who was just sitting asked if they wanted to pull mulberries because they came like this.
“Phew! This isn’t an audition. You got a lot of work to do?”
“Yes? Yes. Seems like it’s their first time and they want to hear your opinion.”
The director replies quickly after hearing me mumble, but they want to meet me and understand the atmosphere because they’re new to the business.
I have to do something this year, but first I want to understand my tendencies and get my opinions. By the way, what’s with the “dog”?
Mr. Jung also tends to secretly overdo it. Whether I was in a drama these days, it was like saying “march,” or shaking my hands in front of me when I came in earlier, it was like yelling, “Stay away!”
“Sir, this time we want to invest in non-memory sectors like central processing and multimedia semiconductors in the semiconductor sector. And digital TV hasn’t invested in years, so now it takes money and effort to sell or save.”
Lee Jae-cheol, the chairman of the electronics company, first came in, asking for money from the meadow.
CPUs, multimedia semiconductors, application-specific semiconductors (ASICs), composite semiconductors (MDLs), power semiconductors, individual devices, microprocessors, and the like. Even when I ask you a lot of questions, you can reduce the number of words that might scratch your head.
‘Come on. This guy needs to keep his words short.’
It’s a long horse, but it’s missing how much it needs. This guy still has less training.
“So how much does a semiconductor and digital TV need?”
“Yes? That depends on the business plan. The semiconductor sector must first acquire the relevant sector research staff to invest in the development of core technologies, and digital TV must also invest continuously annually.”
“How much did you charge when you tried to sell the semiconductor sector? You said you offered to negotiate somewhere.”
I once offered to sell them to organize non-core businesses.
“Yes, I have been willing to buy for KRW 30 billion from KRW. The semiconductor sector generated revenue of 28.6 billion won and operating profit of 2.5 billion won last year. It’s a device industry, and they wanted to sell it because they needed investment, but they’re doing well.”
“Ouch! I thought I was screwing with the money, but now I’m making money!” I thought the Delectrons were in trouble, but there’s plenty of room for surprises, right? ‘
Organizing non-profit businesses and liabilities starts to reveal what you do well.
“We can’t give up both semiconductor and digital TV. Submit your investment plan – grow it as a core business for our company.”
The semiconductor sector is a necessary business in the future, even if there is a temporary difficulty. There’s something digital about it.
“Ms. Lee, according to the newspaper, the modern semiconductor is noisy. What’s going on?”
I have been talking a lot about modern semiconductors on newspapers for some time now. Some said it was for the market, and some said it was for memory only.
“Otherwise, they organize LCD and communications businesses, except for semiconductors. They take it away from the modern group and they start a company called Hynix. There must be some pretty good things about organizing the under-performing sector to fund it.
For the record, a good engineer has already reached out to us. ”
There are a lot of tremors around these days. It’s okay to look around, but those poor bastards who were sold by the wrong owner.
Modern semiconductors shake because the price of the DRAM is too low.
I’m aware of this. Recently met, Mike’s Steve Appleton boasted that they could make a profit, even in this difficult situation.
Ah, Mr. Appleton is the chairman of the lightplane club this time.
I also met Bob Pittman, who used to have a hobby for light airplanes online, and he was a stand-up guy at the age of 34 who jumped on the board and surprised everyone.
He is somewhat bald, a fearless fellow who joins the Air Show himself with his own plane. That’s a hobby. Tsk, tsk.
This is a bad time for memory. I can’t see for a year or two. Fortunately, we are a 30 billion dollar business, so this is still a hobby.
I’m going to ask you to work hard for a few years in the future towards earning money.
“Good job paying black people last year, by the way. I didn’t expect much, but that’s a good sign. Keep up the good work. Is it 10 billion?”
In order to raise his morale, he pretended not to know. He said he worked hard after being recruited last year, and the results are good.
“Thank you. Haha. With the exception of new businesses such as Einevi last year, operating earnings were 16.6 billion won.”
I am single because I have given myself the opportunity to talk about my good performance. This is dragonfling.I can listen to it again. No questions asked this year. Heh heh.
Starting with the former, I had to confront him until the next day as I was conducting individual interviews. Everyone is having a hard time with what they have to say, but they don’t go out.
Thanks to this, I was able to understand how the company works.
There is a big difference between hearing the report and hearing it in person. I solved my questions briefly, especially as I was able to understand the abilities and tendencies of the boss.
Talent driven. Companies are better off with good people. Fortunately, there seemed to be no great imperfections.
The following afternoon, Mr. Thompson and his associates, who were brought from the United States to the secretary, the head of planning and the former president, went down to a factory in Gumi.
There was originally a line that produced TV, audio, etc. where the group was destroyed and shot straight through.
The factory that produces the main appliances, such as refrigerators and washing machines, as well as the factory that produces the mini-fridges and kimchi refrigerators, is working well, but there are now more than 3,000 people in this area.
Stopped modifying the front of the car audio production line and is now producing Einevi.
When I enter the factory, there are already more than 30 people coming in from the president and the United States, and there are already a few cars arriving at the factory behind me, so it is noisy even for the company bus.
“Chief Jung, I was going to visit for a while, but everyone followed me here. I don’t know if this is just a burden on the factory people. ”
I complained to the chief secretary who was sitting next to me. He keeps making his schedule big these days. Is this for me? Are you trying to shake things up?
“Haha. In fact, the chairman of other large corporations is similar. Now you just have to accept it. But the naming is one of the biggest companies in Korea.”
He nods as if he is sure that even the head of the right to presence in the passenger seat is natural. Phew! I don’t know if this is a cultural disconnect from living in the United States for a long time.
So this is how the Second Sons play the prince?
You can’t even go to the bathroom, can you? Damn. I can’t even pee properly with my ileum. ’
I had no choice but to grumble inside. I was only in the car when I got down here. I forgot to go to the bathroom at headquarters, but I was patient.
In fact, I don’t want to stop by the rest stop. If I come out, everyone will be lined up, so should we all go to the rest stop together?
I’m grumbling with the wrong idea, and someone’s saying something next to me.
“Sir, what do you dislike? If something goes wrong, we’ll correct it.” I am the President of the former.
“No, never mind. I just have a little headache. ”
Since I have to pee so badly, this boss who prepared the event is making an impression by himself.
“This is where Einevi is produced. Due to a sudden spike in orders, we’ve been working for six days and eight hours on weekdays, and we’re only producing a handful. ”
The factory manager takes you to the production line, and at first glance, there appear to be hundreds of people in the plant.
At first, everyone seems to be peeking over here, and soon they’re doing their job.
“That would make the staff too harsh, wouldn’t it? I need more staff or two shifts to get extra shifts. It shouldn’t be that hard to recruit these days. ”
I glanced at the plant manager and said hello. I didn’t want to hear that I was the chairman who squeezed the staff, so I had a slightly awkward tone.
“Oh, no. Only people who voluntarily want to work overtime. It’s not a compulsion. ”
The executive in charge of production in my heelbook suddenly stutters to see if he’s nervous.
“Yes, that’s right, Chairman. They love overtime and overtime allowances. ”
Someone sneaks up on me and makes a quick excuse, it’s a factory.
“Khh-hmm. Are you sure? I don’t like having my name in the newspapers because workers have a hard time, or because it’s wrong. Well, if you do it yourself…”
In fact, there are no detailed reports to me about how the factory works and how it treats people. But I didn’t want to be the one who squeezed the staff, even though I was a little bit bitten by the American way of thinking.
What I felt in the factory was that the facial expressions of the employees were very bright.
As I look around, shaking hands and passing the horse, I can clearly feel it. I felt better seeing the satisfaction of the people who work for my company
“I’m sure you have a big heart for the company as there have been tough times over the past few years. Please do your best to ensure the quality control of all products, not just the ones you currently make.
I don’t know if you know this, but I’m very well known in America. People might think of my face and complain if this product is bad. ”
I pushed the importance of quality control a little harder. If something goes wrong later, I’ll think of it as an insult! ’Everyone’s face becomes stiff for a moment.
Did I say something too harsh? I was just emphasizing… ”
And I looked around and I said, “If anything goes wrong, you just get fired? ’I am making eyes.
But it’s not a total lie.
Even though I’m at the center of the conversation these days, I may get stabbed by Dock Media who don’t like me very much. James, this guy can be a pain in the ass sometimes.
“By the way, this place has been uncharted for 12 years, so it’s great to see employees and workers working together. Haha.”
Looking at the stiff faces, I thought of giving a compliment. On the way down, I remembered the contents of the report I read briefly.
It is said that there is no division, such as strikes, after a difficult period of time after the IMF, but the factory seems to have maintained a smooth relationship with the workers before that.
“Yes, Chang-chul Minh and his delegation are always talking and trying to collaborate. In particular, the last five consecutive years of non-bargaining wages were achieved, which allowed us to normalize quickly. ”
The reason I didn’t want to take over the factories at first was because I was worried that I would care about the labor force, but here I was very proud of them and complimented them.
When he entered the office building and entered the corridor, he scraped the newspaper on one side and showed it clearly.
Ivy Navy of Johnson Stone Electronics, American Storm Land
The Dazzling Resurrection of Johnstone Electronics
I think he did it to inspire the pride of his temples, but he says he is very proud nowadays.
Last year, when you recruited a new recruit, did you also hear volunteers pouring in like clouds?
The first factory outings were fine. It’s not bad to come out to the field sometimes.
Artwork Reviews
(Micron)
Steve Appleton, president of Micron, loved flying so much that he died in a light plane crash in February 2012.
Pittman, founder of MTV and president of online America, reports that he’s still flying light airplanes. Is this addictive?
(Hyundai Semiconductor) entered into a stock transfer agreement with LG Semiconductor Co., Ltd. on May 20, 1999 to acquire LG Semiconductor Co., Ltd. on July 8, 1999 and merged Hyundai Semiconductor Co., Ltd. on October 13, 1999.
In March 2001, the company was renamed Hynix Semiconductor at regular shareholders’ meeting, and it was separated from the Hyundai Group in August.
(Daewoo Electronics)
Daewoo Electronics (Daewoo Electronics), which has cleaned out all of its parts, has generated operating profit of KRW 16.6 billion since 2000, and has doubled that in the following year.
According to a July 2001 article, you graduated premature workout, and you haven’t graduated to this point?
Irony remains the longest workout company. This is a hot December 28 story about a $370 billion buy-in in the East and a $275 billion discount.
Daewoo Electric has failed to sell five times so far. Poor guy. If only the right guy would’ve taken over, but a few years ago, the takeover was more than 70 billion, and nobody would’ve paid him back. Give me five jabs!