- Solid growth in financial results, with increases in sales and operating profits of +8.3% and +17.5%, respectively, compared to the same period last year

- Advanced application of industrial AI and robots to ‘intelligent factories’ beyond smart factories 

Following last year, POSCO DX (CEO Jung Duk-kyoon) is continuing its steadfast growth in management performance indicators such as sales and operating profit in the first quarter.  

On the 25th, POSCO DX announced its first quarter financial results with KRW 440.1 billion in sales and KRW 35.2 billion in operating profits. This represents an increase of +8.3% in sales and +17.5% in operating profits compared to the same period last year. This outcome is attributed to greater business opportunities such as smart factories, factory automation, and industrial robots involving the key business lines of secondary batteries, steel, and eco-friendly future materials undertaken by POSCO Group.

POSCO DX has been charting the way forward in building smart factories in various fields such as steel mills and secondary batteries by converging IT (information technology) and OT (operational technology). From this year, the company plans to bring about the evolution and development of 'intelligent factories' at the next level by combining industrial AI and robots to further increase productivity.

To this end, POSCO DX has launched the AI Technology Center, which expanded and reorganized the existing AI organization, and instituted a system to develop, commercialize, and quickly implement core technologies required in industrial fields. In addition, it has established the new Robot Automation Center dedicated to robot automation to bolster our capabilities in consultation, design, and system construction for deploying robots to high-risk/high-intensity industrial sites, and are implementing them at various industrial sites, including steel mills and logistics centers. 

A POSCO DX official said, “We will pursue robust growth through relentless efforts to reorganize our business structure and innovation endeavors” and then continued, “We plan to establish a solid foundation for growth by discovering and fostering new business lines based on technologies such as industrial robot automation, AI, metaverse, and digital twin."