Investor That Can See The Future

Chapter 181

I instructed the executives of the subsidiaries to relocate the headquarters and research institutes.

Naturally, there was a strong backlash.

“Key personnel may leave.”

Silicon Valley is notorious for being expensive and expensive even in California.

Nevertheless, the reason companies are settling there is because there are already many IT companies, startups, and the world’s best talent.

There is no substitute for Silicon Valley in connection and cooperation with other companies or in supply and demand of high-quality manpower. And the people who work in Silicon Valley don’t want to go elsewhere. This is also why Carlos moved his headquarters to Detroit while leaving the lab behind.

“What is the reason?”

I told Professor Mohan’s argument, and I did my best to persuade them. At the same time, pressure was applied.

I am the largest shareholder of the subsidiaries, not the manager. But if the executives don’t listen to me, I have the power to open a general meeting and fire them.

“The transfer should be completed within a month.”

Everyone responded that they were crazy, but I couldn’t help but obey my words.

Fortunately, these companies started out as startups, and as they focus on IT and service industries, it was much easier than relocating factories.

A replacement site was contracted, and a vibration-free vehicle was hired to transport important equipment.

When the relocation plan was finalized, some employees submitted their resignations. Among them were several key personnel such as coding experts, programmers, and engineers.

Instead of immediately leaving those who had resigned, they decided to give them three months of leave.

In the meantime, he promised that he would come back at any time if he changed his mind, and if he did not change his mind, he would pay three months’ wages as paid leave and then accept his resignation.

While I was working on a series of things, I met Akit CEO Peter Kazuyo.

Although he is of Japanese descent, he is not good at Japanese. Instead, he spoke a perfect British accent.

“long time no see.”

“nice to meet you. It’s been a really long time.”

Arkit is headquartered in the UK and operates mainly in Europe. Unlike in the US, there is not much to go there.

I told him about the San Francisco earthquake.

“I don’t know how likely it will be, but the restoration that will take place will redesign the city as a whole. I wish I had done that in advance.”

Considering the scale of the restoration, it will be a major construction project in which all construction companies in the world are mobilized.

In architecture, everything is decided at the design stage. From materials to construction methods. The construction company that receives the order simply moves according to the design.

If Akit can only draw a sketch of urban reconstruction, he will have the power to control all the construction companies participating in the restoration.

Peter looked troubled.

“The project I am currently working on alone is insufficient. Besides, if it’s not a building design but an urban design, it’s usually not a big deal, but it’s unreasonable to invest time and manpower on that kind of thing just because there’s a possibility.”

i told him

“As the CEO of OTK Company, I am not giving orders, I am making requests as a client. If the plan is scrapped or discontinued, OTK Company will pay for it. It is very important and must be done. Either way, Akit will not lose.”

* * *

Near Gangnam Station, four high-rise buildings with blue glass exteriors formed a single complex, and it was called Seoseong Town.

Chairman Im Jin-yong’s office is located in Seoseong Town Building D, where the core affiliates of the Seosung Group, including Seosung Electronics, are gathered.

When I got out of the car, the staff who had been waiting in advance led me to the president’s room. The elevator stopped on the 45th floor.

Upon entering under the guidance of the secretary, Chairman Im Jin-yong, who was sitting in front of the desk, got up.

“You worked hard to come.”

“Well, it’s right next door.”

It took less than 5 minutes by car.

I have met Chairman Im Jin-yong several times, but this is the first time I have come here. The interior was neat and uncluttered. In the spacious space, only the necessary furniture was placed.

From the window, I could see Seoseong Town at a glance.

The founder of Seoseong Town was the late Chairman Il-kwon Lim. And he saw his work here.

Thinking about it that way, I felt a bit strange.

Although there are various problems such as political and economic collusion, union oppression, and tax evasion, no one can deny that the late Chairman Il-Kwon Lim was an outstanding manager.

As a result, when he collapsed and Chairman Im Jin-yong’s system began, shareholders were concerned.

Although he had been educated as a successor for a long time, his managerial skills were not tested.

However, contrary to public fears, there were many evaluations that it has now successfully settled. The share price is also rising smoothly.

Of course, this is not because Im Jin-yong did well, but because of the timely investment by the previous chairman. The task given to the top three managers is to pioneer new industries in the future.

Fortunately, the ambitious electric field business is slowly showing off, and Warren Boat has given strength to this. Berkshire Cashier continued to purchase shares of Seosung Electronics and Seosung SB even after the block deal.

“Are you okay with coffee?”

“Yes.”

We sat down and the secretary served coffee.

“Did you confirm what I asked for then?”

“Yes. But why are you curious about the release date of the NPhone Z?”

I just wandered around

“There are subsidiaries that develop related apps. We are planning an event to coincide with the Nphone Z release date.”

Chairman Im Jin-yong did not have any doubts about my words.

“The release date for the first countries including the United States has been set for September 28. Korea is included in the second launch country, which is scheduled for mid-October, but the exact date has not been set yet.”

“i See.”

If it’s 28 days, it’s still a good amount of time. I’m sorry for a few days now.

There was an awkward silence for a moment as we drank coffee.

After a while, Chairman Im Jin-yong broke the silence and said:

He said, “I heard that you are sponsoring the research of Professor Mohan at the California Institute of Technology.”

“Yes.”

“And I heard that OTK Company is buying raw materials and disaster supplies and moving Silicon Valley subsidiaries.”

“Yes.”

Gold and crude oil do not have a significant impact due to their large trading volumes, but prices of non-ferrous metals such as copper and aluminum have risen sharply since we started purchasing them.

Among non-ferrous metals, copper is the most painstakingly accumulated. The reason is that it is used for electrical wiring due to its high conductivity. Rebuilding the power grid in the future will require huge amounts of copper.

“I was going to talk about it anyway. The research institutes of Suseong Group affiliates, including Suseong Electronics, are concentrated in the San Jose area of ​​Silicon Valley, and we recommend moving them as soon as possible. The data will be backed up on the server anyway, but move important equipment in advance and select a replacement site as soon as possible. When other companies start relocating, prices will skyrocket.”

After hesitating for a while, Chairman Im Jin-yong said cautiously.

“I think your junior is in too much fear. I would recommend that you take a break and listen to the opinions of those around you.”

I guess this is common sense.

If I were prepared for an earthquake, who would think I had foresight? You’ll think you’re just overdoing it with fear alone.

Chairman Im Jin-yong said with a worried expression.

“How about getting a consultation? It’s never meant to be bad. I also regularly consult with a psychiatrist and receive psychological treatment. The same goes for other CEOs.”

Everyone may be envious of the president of a large corporation, but in reality, the mental stress will not be too great.

Worried about declining sales, worried about stock prices, and worried about public opinion. In addition, you have to think about the Fair Trade Commission investigation and tax investigation, and sometimes you have to worry about going to prison because of the characteristics of Korea (?).

It’s such an extreme job.

“My junior fell down during the last San Francisco earthquake and didn’t wake up for a while. It’s no wonder he’s terrified of him as much as he’s had one earthquake. It is important to accept that fact as it is.”

Not only did he think this way, the public did as well.

Just as people who have been through war or disaster suffer from PTSD (Post Traumatic Stress Disorder), I was gripped by the trauma of the earthquake.

Well, if you think like this, I’m comfortable.

Chairman Im Jin-yong said he was sorry.

“I’m sorry if I sounded overly meddling.”

“no. Thank you for your concern.”

OTK Company and Seoseong Group are partners, not competitors. So I guess that’s what you’re worried about.

“Rather than that, I want to talk a little bit about work today.”

“what happened?”

“I want to buy some batteries.”

The foundation of modern civilization is electricity.

In September, you don’t have to worry too much about the cold, but the power cut off at shelters is a big problem. Cell phones and electronic devices need to be charged, and lights must be turned on at night.

The government will also try to restore electricity as a top priority, but until then, electricity is needed.

Seoseong SB is exempt from the Chinese government’s battery subsidy, and its factory capacity is currently below 70 percent. You will be able to handle the order quantity enough.

“We will also order GPS and wireless communication equipment. I don’t have much time, so I want you to produce it as soon as possible. Please send the produced quantities directly to California by air.”

At my words, Chairman Im Jin-yong sighed slightly with a lonely expression on his face.

“Are you really sure of what the professor said?”

To be precise, I’m not convinced of Professor Mohan’s words, I’m convinced of the wisdom I’ve seen… … .

“I do not know. What do you think, senior?”

“I know that the San Francisco area is prone to earthquakes. But now, your concerns are overdone. I did this with the words of the seismology professor, and if nothing happens, OTK Company will be a laughing stock.”

To be precise, it is already becoming a laughing stock.

Depending on the CEO’s judgment, a successful company may collapse or a failing company may be revived.(Read more @ wuxiax.com)

But what happens to the company if the CEO cannot make normal judgments due to PTSD?

“It doesn’t matter if you believe me or not. I have no intention of convincing myself that I am right here. What matters is the contract. What would you like to do?”

“What if I refuse?”

“Then we should go to CL Electronics and CL Chemicals. There are a lot of companies that make batteries and electronics.”

Even in this way, there is no place like Suseong Electronics to produce large quantities in a short period of time. This is because it has the best vertical integration among global IT manufacturers.

NPL is in charge of designing only hardware products and entrusting parts production and assembly to external companies, while Seosung Electronics not only designs but also manufactures and assembles parts directly in its own factory. That way, we can process orders so quickly.

Chairman Im Jin-yong seemed to be thinking while leaning his back on the sofa.

Managers must put the company’s interests first. He’s going to pay to buy stuff, but what do you know if he’s crazy or not?

After a while, Chairman Im Jin-yong said with a bitter expression.

“How much quantity do you need?”

I answered briefly.

“Very many.”

* * *

Jinhoo Kang’s reputation grew day by day thanks to the announcement of autonomous driving technology and the development of new materials for batteries. But recently, he has been acting in an incomprehensible manner.

California Institute of Technology Seismology professor research sponsorship, investment in raw materials, purchase of disaster and relief supplies, etc.

When the relocation of Silicon Valley subsidiaries started here, people could see what Jinhoo Kang was thinking.

It was the preparation for the earthquake!

When the truth became known, ‘The Big One is Coming’ sold out in an instant in both offline and online bookstores. They tried to secure additional supplies, but the publishing company had already gone bankrupt. Unfortunately, it was not released as an e-book, so there was no way to get the book as stock ran out.

About 300 books were stocked in Professor Mohan’s lab. The staff of a nearby bookstore personally drove a pickup truck and carried boxes of books. The books sold out quickly to display.

AMZ, the largest online bookstore in the United States, contacted Professor Mohan to discuss the publication of an e-book. And as soon as I received the manuscript, I finished editing it as an e-book within three days and started selling it.

As soon as ‘The Big One is Coming’ was released as an e-book, it surpassed various bestsellers and climbed to the top of the charts.

Each media outlet also visited Professor Mohan’s past papers and poured out articles.

[Professor Kiran Mohan claims that there will be a major earthquake in San Francisco within a few months!][Warning of the worst disaster beyond the Great Alaska Earthquake and the Great East Japan Earthquake!][San Francisco, the nightmare of 1906 and 1989 reenacting?][Will the Big One really come?][Excessive concern or reasonable suspicion?]

The entire state of California, as well as the San Francisco Bay area, began to tremble with fear of the earthquake.