Posco Archives | Be Korea-savvy
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 [...]

POSCO Chemical Expands Production Capacity of Cathode for EV Batteries

POSCO Chemical Expands Production Capacity of Cathode for EV Batteries

SEOUL, May 14 (Korea Bizwire) — POSCO Chemical Co., an affiliate of South Korea’s steel giant POSCO Group, said Thursday it has expanded production capacity of cathode material, a key component for electric vehicle (EV) batteries. POSCO Chemical said the move will boost its annual production capacity of cathode to 30,000 tons from the previous [...]

POSCO Q1 Net Dips 44 pct on Weak Demand amid Virus Woes

POSCO Q1 Net Dips 44 pct on Weak Demand amid Virus Woes

SEOUL, April 24 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, said Friday that its first-quarter earnings fell 44.2 percent from a year earlier due to slow demand amid the spreading novel coronavirus. Net profit reached 434.7 billion won (US$351.5 million) in the January-March period, compared with a profit of 778.4 billion won a year [...]