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CEO Ohjoon Kwon Makes Strides in Global Management to Increase POSCO's Competitiveness
As soon as Ohjoon Kwon's second term as POSCO CEO was confirmed, CEO Kwon began to step up his global management to enhance POSCO's overall competitiveness. CEO Kwon met with GE chairman Jeffrey Immelt, who was visiting Korea on March 13, to dis..
Mar. 13, 2017
POSCO Holds 49th Regular General Shareholders' Meeting
CEO Ohjoon Kwon's second term was launched in full scale. CEO Kwon was reappointed as CEO for a term of three-years at the 49th general meeting of shareholders held on March 10 at the POSCO Center. In addition, president In-hwan Oh and vice presiden..
Mar. 10, 2017
CEO Kwon directly manages POSCO's transformation into smart industry
POSCO CEO Ohjoon Kwon will pay focused attention to transforming POSCO into a Smart Industry company. From February 26 to early March, CEO Kwon will visit SIEMENS in Germany and GE in the United States, both of which have advanced smart factorie..
Feb. 26, 2017
An ultralight sports car material covers 'Samsung Notebook 9'
POSCO's magnesium sheets were adopted for the 2017 model of 'Samsung Notebook 9' again following last year. Samsung Electronics' 'Notebook 9' series is a premium notebook lineup. Since it applied the duralumin* material in 2011, it has been agg..
Feb. 20, 2017
POSCO retains its place as the world's best environmentally-friendly electrical steel sheets supplier
POSCO firmly established the system for producing the highest-grade non-oriented silicon steel, the core material for environmentally-friendly electric vehicle drive motors and world premium consumer electronics. On February 20, POSCO held a cer..
Feb. 20, 2017
The world's first smart factory to introduce artificial intelligence
POSCO became the first manufacturer to introduce artificial intelligence(AI) to production processes in an effort to transform itself into a smart steel mill. Recently, POSCO joined hands with the Steel Mills, POSCO Technical Research Laborator..
Feb. 17, 2017
S&P upgrades POSCO's rating outlook to 'stable'
Globalcredit rating agency Standard & Poor's (S&P) revised its outlook for POSCO's long-term credit rating, BBB+, to stable from negative on February 16. S&P forecast that POSCO will maintain its EBITDA (Earnings Before Interest, Taxes, Depreci..
Feb. 16, 2017
POSCO to increase investments in the cathode materials business
POSCO CEO Ohjoon Kwon is leading the charge to foster future growth engines. On February 7, CEO Kwon oversaw the final construction of the lithium factory(PosLX) at Gwangyang Steel Mill, and on February 10, visited the cathode materials factory..
Feb. 13, 2017
POSCO begins lithium production first time in Korea
POSCO entered commercial production of lithium for the first time in Korea in 7 years since developing its own technology. On February 7, POSCO held a ceremony for the completion of a PosLX (POSCO Lithium Extraction) plant with an annual capaci..
Feb. 07, 2017
POSCO achieved consolidated operating profit of 2.84 Tril. Won in 2016렁 18.0%up YoY
At a company briefing session that took place on January 25, 2017, POSCO announced that it had recorded consolidated sales of 53.835 trillion won and a consolidated operating profit of 2.8443 trillion won in 2016. POSCO Group's consolidated sal..
Jan. 25, 2017
Board of Directors recommended current CEO Kwon as the next CEO
POSCO's board of directors recommended current CEO Ohjoon Kwon as a candidate for the company's next CEO. After receiving on January 25th qualification review results from the CEO Candidate Recommendation Committee stating that current CEO Kwon..
Jan. 25, 2017
POSCO tops in Terms of Global Sustainability Management in Korea at Davos Forum
POSCO was selected as the best company in global sustainability management at the Davos Forum. POSCO scored the highest points among Korean companies by finishing in 35th on the list of "Global 100 Most Sustainable Corporations in 2017", risin..
Jan. 18, 2017
POSCO to supply Mg Alloy sheets for LG's ultra-light laptop 'Gram'
POSCO's magnesium alloy sheets are paving the way for production of lighter and more durable lightweight laptops and this is injecting new vitality to the laptop market, which has been recently undermined by tablet PCs and smartphones. POSCO is supp..
Jan. 16, 2017
POSCO Employees Make Pledges to Maintain Accident-Free Workplaces
On January 12, POSCO held the POSCO Family SSS 2017 to share the results of its major activities last year with the 2017 implementation strategy and pledge to build accident-free factories by further strengthening its will for SSS(Self-directed Safe..
Jan. 13, 2017
POSCO China won best company prize for CSR activities
POSCO China was awarded the Best Corporate Prize in CSR(Corporate Social Responsibility) activities at the beginning of the New Year. On January 7, POSCO China picked up the 2016 Best Chinese CSR Company Prize for its CSR activities in the "Chi..
Jan. 11, 2017
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