Re-appointment confirmed at shareholders meeting on the 21st
Expansion of smart factories and fostering new growth engines such as smart safety and robots [Reporter Edaily Kim Kook-bae] POSCO ICT has decided to develop business fields such as digital twins and robots as new growth engines this year.
At the regular shareholders meeting held on the 21st, POSCO ICT announced that it would further strengthen this years strategic business, the smart factory, while intensively fostering digital twin, robot, and smart safety businesses.
Jeong Deok-gyun, CEO of POSCO ICT
CEO Jeong Duk-gyun, who was reappointed at the shareholders meeting on the same day, selected innovation and growth as the management keywords for this year and said, “We plan to do our best to maximize corporate value by focusing on securing future growth engines.”
POSCO ICT plans to develop new technologies such as digital twins in the smart factory sector and apply it to the new material business of group companies such as lithium and nickel, including POSCO steelworks, and promote the spread to other manufacturing sites. To this end, a smart technology control tower was recently created to efficiently develop related technologies such as digital twins and artificial intelligence.
In addition, POSCO ICT selects and fosters environment, safety, and robots as future growth businesses. Earlier this year, a task force dedicated to environmental, safety, and robot businesses was set up to realize carbon neutrality. In connection with the smart factory, an industrial robot business aimed at high-risk tasks is also being promoted.
The company will also actively engage in smart safety business, which is in demand due to the enforcement of the Serious Disaster Punishment Act. A company official said, “We plan to expand the steelworks safety plant we are building with POSCO to group companies and external smart factory customers, while also commercializing a safety platform for construction sites.”
Meanwhile, at the shareholders meeting, Kim Kyung-shik, head of POSCO ICTs business planning department, was appointed as an inside director, and Jeong Chang-hwa, president of POSCO Holdings Future Technology Research Center, was appointed as other non-executive directors. In addition, former Commissioner of the Korean Intellectual Property Office, Kim Ho-won, was newly appointed as an outside director.