POSCO Holdings Inc - Company Profile
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Business Description
POSCO Holdings Inc (POSCO) is an integrated steel producer. Its primary activities include the production and sale of steel products, infrastructure services, secondary battery materials, and other diversified business ventures. POSCO carries out the production and sale of various steel products, including cold rolled and hot rolled products, stainless steel products, plates, wire rods, and silicon steel sheets. The company serves industries including automotive, shipbuilding, home appliance, engineering, and machinery.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
R&D Overview
POSCO maintains R&D programs to conduct basic research and applied technology development activities. The company focuses on advanced steel manufacturing technologies, artificial intelligence, raw materials for rechargeable batteries, and hydrogen and other environmentally-friendly energy solutions. The company collaborates with Pohang University of Science & Technology and the Research Institute of Industrial Science and Technology. POSCO Research Institute (POSRI) provides research activities and consulting services. The R&D units of POSCO include POSCO Technical Research Laboratories and the New Experience of Technology Hub. POSCO Technical Research Laboratories primarily engages in R&D efforts in advanced steel manufacturing technologies. The company has filed 48,169 industrial rights applications related to steel-making technology, with 10,610 registered, and 2,378 applications related to electric vehicles and secondary battery materials technology, with 1,606 registered. In FY2024, the company spent KRW555.6 billion on R&D, which as a percentage of total revenue stood 0.7%.
Business Segments
Overview
Includes planning, designing and construction of industrial plants, commercial and residential buildings, and civil engineering projects in domestic and overseas markets. Operates through POSCO E&C, which has diversified operations, including construction of high-end apartment complexes, civil engineering projects, and urban planning and development projects.
Performance
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Overview
Consists of the information technology and operational technology services of POSCO DX and the integrated logistics services of POSCO FLOW.
Performance
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Overview
Explores diversification opportunities in promising business areas.
Performance
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Overview
Manufactures and sells energy-related and other industrial materials by POSCO Future M. Includes EV battery materials such as negative/cathode materials, lithium, nickel, and hydrogen business.
Performance
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Overview
Manufactures and markets cold rolled products, hot rolled products, stainless steel products, plates, wire rods and silicon steel sheets. Provides these products for the construction of buildings, industrial pipes and tanks, shipbuilding, and automobile chassis. Operates production facilities in South Korea, China, Indonesia and Vietnam in South Korea. Also, operates Pohang Works and Gwangyang Works. Pohang Works and Gwangyang Works produce steel by the basic oxygen steelmaking method. Stainless-steel plant at Pohang Works produces stainless steel by the electric arc furnace method.
Performance
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Overview
Comprises exporting and importing of diverse steel products and raw materials, which are both obtained from and supplied to the company, and between other suppliers and purchasers in South Korea and overseas. Also, comprises investments in energy and mineral development projects, and manufactures and markets textiles, and agricultural commodities. Operates through POSCO International Corp, a global trading company.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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