48. trouser crotch(1)
A week has passed since Kim Ju-jung went to Japan.
Hoyoung stopped going to the stock exchange every night to see the US stock market.
For a few days, he had been going to check on the old woman to see if the future would go differently from the one he knew, but it didn’t seem necessary anymore.
It was very different from my previous life. for the better.
The price of Dell Computer stock was rising faster than it should have risen.
“Francis! Congratulations.”
“No. Ho-Young really deserves congratulations. Congratulations on becoming a billionaire.”
Hoyoung arrived at Dell Computer’s Korean branch and was shaking hands with Francis in joy.
“Hahaha. I’m sure Dell Computer’s stock will go up. I can’t be satisfied with this yet. Francis, congratulations on getting rich.”
“Thank you. It’s a very small amount compared to Hoyoung. Hahaha. Our stock has risen so steeply that it’s frightening.”
Francis also received about 1.3% of stock through stock options.
Although 1.3%, the amount was staggering.
“I heard that the fact that the stock market does not sell more than expected seems to play a role in the rise of the stock price.”
“Yes, because Hoyoung and Dell did not offer their stocks, and the employees who were granted stock options already thought that selling their stocks was a loss.”
Hoyeong and Francis smiled satisfied.
Even if you stay still for a while, your assets will gradually increase.
“Anyway, why did you drop by here today?”
“Francis, have you heard of the Internet?”
Francis thought for a moment and then said:
“Yes. Are you referring to mutual communication between computers?”
“That’s right. Specifically, it refers to a form in which a central server is placed and other computers connect to the central server.”
“I see. But what about the Internet?”
Hoyoung briefed Francis about ADSL and the plan to spread the Internet.
With a brief explanation, Francis had a hunch that Ho-young’s idea of the Internet could bring about a revolution.
“It would be great if the era of PC communication at that speed could really come.”
Hoyoung nodded and said.
“The most important thing in the world I envision is PC penetration.”
“I see. No matter how good the service is, it is of no use without a PC.”
“Yes. So I have something to offer you.”
“A suggestion?”
“This offer is literally an offer. H&H to Dell Korea. I have decided not to exercise my voting rights as a shareholder, so it doesn’t matter if you refuse.”
Francis nodded.
“Yes. Tell me. Then I will listen and judge.”
Hoyeong looked at Francis and smiled slightly.
The upright and fair personality of Francis seemed to show on his face.
I could see why Dell was the person I trusted the most.
“Currently, the price of a 1MB RAM and 20MB hard drive PC sold by Dell Korea in the Korean market is currently around 800,000 won, right?
“Yes, it’s cheaper than a PC with the same specs from IBM or Macintosh.
“However, the monthly wage of current workers is around 500,000 won. Considering the income, it is a very expensive amount. So, even if the specifications are compromised a little, if the price is lowered and the PC is sold, I think the PC penetration rate will increase rapidly. .”
Francis thought for a moment.
As Hoyoung said, if low-end PCs are sold, it is natural that the penetration rate will increase significantly.
‘Can I match the unit price of 500,000 won?’
Francis was not sure.
In the education PC supply business, it was possible because the supply of 300,000 units was guaranteed.
And there was also a symbol of opening the door to the Korean market.
“Of course, I’m not saying to ask for a lower unit price without risk. I’ll guarantee 500,000 units.”
“I beg your pardon?”
Francis’ eyes widened at Hoyeong’s words.
A whopping 50 million.
It was 250 billion won in Korean currency, and at the exchange rate at the time, it was a huge amount close to 300 million dollars.
“I am not asking you to bring 500,000 units right now. Anyway, it takes about a year to prepare for ADSL in Korea. We want to start selling 500,000 low-cost PCs a year from now. If more than 500,000 units are not sold within one year after the start of sales, I will buy all of the unsold units from 500,000 units.”
“Hmm… I guess I’ll have to think about it a little more under those conditions.”
“haha. Please consult with Dell thoroughly before making a decision. It’s not that urgent.”
“All right. I will tell you after careful consideration.”
“yes. Please think positively. The PC craze will definitely come to Korea. I think that Dell computer is an opportunity to lead the market first.”
Hoyoung’s face was undoubtedly serious.
Seeing Hoyoung’s serious face, Francis almost laughed when he found himself almost agreeing to Hoyoung’s words.
“All right. Thank you very much for your good suggestions. I mean it.”
“haha. Then come back next time.”
Hoyeong briefly greeted Francis and then stood up.
If Francis refused, Hoyoung was even prepared to raise the penetration rate by purchasing 500,000 PCs and reselling them to the Korean market without margin.
‘But Dell. You will surely accept this offer.’
However, Hoyoung predicted that Dell would definitely accept the offer.
If an additional 500,000 PCs are released in Korea, there is a high possibility that in Korea, Dell will not simply mean a PC brand, but a PC itself.
‘And success stories in the Korean market will spread to the world market as they are.’
Hoyoung was sure that Dell was seeing the same future.
.
.
.
“Phew- it’s finally over.”
“You really worked hard at the top of the table.”
Negotiations with several game companies that lasted for several days yielded satisfactory results.
Contrary to Joo-jeong’s thoughts, Japanese game companies, which were thought to be arrogant, were cooperative in supplying game software.
“Thank you so much for helping me in so many ways. Mr. Yoichi Takai.”
Kim Joo-jung bowed her head to Yoichi Takai, general director of Sega Games.
“no. What could I have done? Everyone jumped in anticipating a bright future for Kronos.”
What Yoichi said was half true and half untrue.
It was true that they highly evaluated Knoroth’s potential.
However, the game companies I met during the week, such as Capcom, Konami, and Namco, were companies that made cartridge games for the Mega Drive anyway.
Since Sega Games adopted Chronos as the operating system for the Mega Drive, they had no choice but to make the next games based on Chronos.
A game made for Kronos anyway.
Expanding the distribution channel to the PC market was beneficial if it was beneficial, but not absolute loss.
“haha. no. It would not have been so easy if it had not been for the cooperation and publicity of Sega Games in general.”
However, it was not without Sega’s support.
Sega Games was pushing the Mega Drive with Chronos by unanimous decision of management.
He boldly brought Cronos to the fore and continued to take bold steps, such as persuading the third parties of the Mega Drive himself.
“Then, the contract should be written together in the final negotiations tomorrow.”
“All right. see you tommorow.”
Returning to the hotel in a taxi prepared by Sega, Kim Joo-jung did not go to her room but headed to the cafe on the first floor.
It was his habit to think while drinking coffee at a cafe when he had something to think about.
He thought as he sat by the window and savored the aroma of coffee.
‘In the future, revenues from games will grow to an incomparable level.’
Looking at the Japanese game market, Joo-Jung Kim thought that the game market was bigger than he vaguely thought.
Although the Korean game market is still in its infancy, I had no doubt that it would not be long before it could catch up with Japan.
.
.
.
At that time, Lee Jin-chan, who was working at H&H in Korea, accepted several faxes from his secretary.
“thanks. Where did you send them?”
“It looks like a fax from Japan.”
Lee Jin-chan’s eyebrows went up when he said he had been sent to Japan.
“In Japan? I have nowhere to send… yes?”
Lee Jin-chan, who read the contents roughly, was a little surprised.
“When did you send it? Did you just translate it?”
“no. I sent it after translating it from the beginning.”
“okay? Where the hell… Nintendo?”
Lee Jin-chan was surprised once again when he confirmed the sender.
Nintendo was clearly written on the sender.
After sending out the secretary, Lee Jin-chan slowly read the fax.
“Huh… this is.”
A document written in a little awkward Korean.
There were some grammatical errors here and there, but the translation seemed to be quite painstaking.
“Hmm···. I don’t think this is something I can judge. Would you like to be at the hotel at this time?”
Jinchan picked up the phone and made an international call to a hotel in Japan.
“Really, sooner or later we’ll have to get our cell phones together. It’s too inconvenient to work.”
Jin-chan grumbled as he heard the ringing tone.
.
.
.
“hello?”
After spending time at the cafe, Jujeong, who returned to the room, received an incoming call.
Anyway, the only place to call Joo-jeong’s room directly was in Korea, so he answered the phone comfortably in Korean.
– Are you drunk? I’m Jin-chan.
“senior. What did you call for? Did you call because you were curious about a meeting with Japanese game companies today?”
– Oh, by the way, I called because I had news to tell you.
Kim Joo-jung was puzzled after hearing Jin-chan’s words.
Jin-chan took care of Ju-jeong so that she could focus fully on the Japanese side, and that she did not have to worry about other things unless it was a big deal.
“News? Wouldn’t it be great news if you could even call me and tell me? ah! Any news about Japan?”
– Exactly. Actually, an official notice came from Nintendo a little while ago.
“Nintendo?”
Kim Joo-jung could not understand English.
As for Nintendo, it was because there hadn’t been any traffic since about a year ago.
“It’s so out of the blue. What is the content of the notice?
– Well, I sent you a long time, but I can summarize it in just two words.
“What is it?”
– sorry. please meet me once
Kim Joo-jung snorted at Jin-chan’s words.
He still hasn’t forgotten the humiliation he received from Nintendo.
“under! Are you going to apologize now?”
– yes. See how earnest you are. It’s a nuance that I want you to meet and talk at least once. Did you even send an official letter translated into Korean?
“Is that the prideful Nintendo?”
Although Sega has been mentioned a lot lately, the world’s best console game company in name and reality was, after all, Nintendo.
– It must have fallen on the instep. If they had ears, wouldn’t they have heard about Sonic?
“I guess so.”
After hearing Jin-chan’s words, Joo-jeong seemed to know roughly what had happened.
Since Sonic was first introduced at this year’s ECEC, Sega’s stock has been climbing.
I thought that Nintendo was trying to grab the crotch of pants now that it was a sign that it would hit the jackpot after receiving the kicked offer from Sega.
– Well, it’s obvious, but I thought it would be right to leave the Nintendo problem to you.
“haha. Senior too. Thanks for thinking.”
After returning to Korea after being humiliated by manager Manjo Akisato at Nintendo, Joo-jung often talked about it at a drinking party, so Lee Jin-chan also knew how humiliated Kim Joo-jung was at that time.
– The work with Nintendo is also related to Japan in the end, so I’ll leave it all up to you. Think carefully and decide. Game development 2 team leader.
Joo-jeong was very grateful that Lee Jin-chan was considerate of him in his work.
He thought for a moment.
‘Nintendo. I hate to see it after that day, but it is one of the best game companies in the world. I guess that’s why Hoyeong was the first one to be targeted.’
Joo-jeong’s worries grew a little longer.
Lee Jin-chan, who had been silently waiting for Jujeong’s words, spoke.
– It’s not urgent, so why don’t you think about it slowly?
“no. I just made up my mind.”
– okay?
“Let’s meet first. What. What’s wrong with just meeting you?”
– Okay. I’ll put a reply saying I’ll see you soon. Are you okay?
“it’s okay. thank you.”
– Then where is the date and place okay?
“Please tell me it’s okay anytime, anywhere.”
Lee Jin-chan said he would contact me if he called again, then hung up.
He said he would meet, but in fact he still didn’t like Nintendo very much.
‘Of course my feelings are important too. However, emotions are emotions and business is business. I am now the head of H&H’s game development team 2.’
Joo-jeong took heart.
He was a heavenly businessman.
He knew how to put H&H’s interests first rather than his own feelings.
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