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POSCO Teams Up with KT to Promote Smart Green City

POSCO Teams Up with KT to Promote Smart Green City

SEOUL, Oct. 22 (Korea Bizwire) — South Korean steelmaker POSCO has joined hands with KT Corp., a major telecommunications firm, to promote smart green cities. The two companies, together with Mystech Co., a local company that specializes in the production of street facilities such as street lamps, signed a business cooperation agreement on Wednesday. Under [...]

POSCO Q2 Net Dips 84.6 pct on Weak Demand amid Virus Woes

POSCO Q2 Net Dips 84.6 pct on Weak Demand amid Virus Woes

SEOUL, July 21 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, said Tuesday that its second-quarter earnings fell 84.6 percent from a year earlier due to slow demand amid the spreading novel coronavirus. Net profit reached 104.9 billion won (US$87.5 million) on a consolidated basis in the April-June period, compared with a profit of 681.4 [...]

POSCO Workers to Wear Smartwatches to Monitor Colleagues’ Safety

POSCO Workers to Wear Smartwatches to Monitor Colleagues’ Safety

SEOUL, July 9 (Korea Bizwire) – Wearable technology will be used to enhance workplace safety culture at POSCO, the South Korean steelmaking giant announced on Wednesday. POSCO distributed smartwatches to 1200 employees who face occupational hazards at the company’s Pohang and Gwangyang steel mills. The smartwatches will serve as a digital monitoring tool to detect [...]

POSCO’s New Work-from-Home Policy Raises Profile of ‘Untact’ Corporate Culture

POSCO’s New Work-from-Home Policy Raises Profile of ‘Untact’ Corporate Culture

SEOUL, July 6 (Korea Bizwire) — POSCO has introduced South Korea’s first ‘work-from-home policy for childcare without career interruption’ this month, raising the likelihood of a transformation in work culture across South Korean businesses. The steelmaker began receiving registrations for the work-from-home program from all employees with childcare needs. The program allows any employee with [...]

POSCO Introduces S. Korea’s 1st “No Career Interruption” Remote Working Program

POSCO Introduces S. Korea’s 1st “No Career Interruption” Remote Working Program

SEOUL, June 26 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, has introduced a new remote working program that is committed to equal opportunity in promotions and wages between employees who work at home while taking care of children and those who work at the office. The company announced on Wednesday that it was launching [...]