POSCO to deploy more industrial robots at workplaces

A group council will seek ways to advance the conglomerate's smart factory system and improve productivity

POSCO ICT is leading the steel giant's industrial robot business
POSCO ICT is leading the steel giant's industrial robot business
Ji-Eun Jeong 1
2022-05-20 11:13:32 jeong@hankyung.com
Robotics

POSCO Group, which owns South Korea’s largest steelmaker, plans to deploy more industrial robots at its factories to improve productivity and ensure workplace safety.

POSCO ICT Co., the information technology system unit of the steel giant, said on Thursday it has launched a groupwide robot technology council to research and explore ways to use more robots in the group’s core business areas such as steel mills, raw material production and logistics.

The council consists of experts and executives from the POSCO Robot Solution Research Center, POSCO Holdings Industry-Academic Cooperation Center, RIST Convergence Innovation Research Institute, and Pohang University of Science and Technology (POSTECH).

The council will regularly convene to share ideas on expanding the use of robots at high-risk, high-intensity workplaces as part of the group’s push to advance its smart factory system, the company said.

POSCO uses an industrial robot at its steel mill
POSCO uses an industrial robot at its steel mill

While the council will play the leading role in working out business strategy and promoting R&D and pilot projects, POSCO ICT is tasked with developing robot technologies and handling overall robot automation at work sites, it said.

POSCO Robot Solution Research Center is in charge of identifying sites where industrial robots are needed and developing solutions.

POSCO Holdings Inc., the investment holding company of the steel giant, will seek cooperative ties with startups and other partners to jointly work on the group’s robot projects.

POSCO, the world’s sixth-largest steelmaker, in March turned into a holding company structure to actively seek M&A opportunities and diversity into non-steel businesses, including robotics and eco-friendly, high-valued raw materials.

Write to Ji-Eun Jeong at jeong@hankyung.com
In-Soo Nam edited this article.
#Steel #POSCO #POSCO ICT

POSCO to invest $20 billion in battery materials to rival Chinese firms

POSCO to invest $20 billion in battery materials to rival Chinese firms

POSCO's nickel mine in Australia POSCO Group, which owns South Korea’s largest steelmaker, plans to invest 25 trillion won ($20 billion) to secure a stable supply of key raw materials used in electric vehicle batteries amid a growing trend of resource nationalism worldwide.POSCO Holdings

POSCO returns from pandemic blues with record quarterly profit

POSCO returns from pandemic blues with record quarterly profit

Hot-rolled steel plates produced at a POSCO steel mill South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue and operating profit for the first quarter.POSCO Holdings Inc. said on Thursday its preliminar

POSCO launches holding firm to develop non-steel biz

POSCO launches holding firm to develop non-steel biz

POSCO Group Chairman and Chief Executive Choi Jeong-woo waves a POSCO Holdings flag at the launch of the holding company on March 2. POSCO, the world’s sixth-largest steelmaker, on Wednesday launched a holding company to develop the group into an eco-friendly future materials producer.POS

POSCO puts stability above reform in management overhaul

POSCO puts stability above reform in management overhaul

Kim Hak-dong, vice chairman of POSCO's steel business South Korea’s steel giant POSCO has chosen stability over reform in its latest management overhaul, retaining most chief executives at group affiliates, ahead of the company's proposed corporate restructuring toward a holding company s

POSCO mulls holding company structure to raise enterprise value

POSCO mulls holding company structure to raise enterprise value

POSCO's blast furnace South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhance its enterprise value.Following the separation, the steelmaking unit and other current affiliates will be placed under the

(* comment hide *}