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  • Jeju Launches Energy Zero Village to Share Excess Solar Power
    Jeju Launches 'Energy Zero Village' to Share Excess Solar Power 기후에너지환경부는 2026년 인공지능(AI) 기반 분산에너지 특화지역 지원사업 공모를 통해 선정한 분산에너지 사업을 제주에서 우선 실증한다고 8일 밝혔다. 제주는 주택용 히트펌프 보급 확대로 주거 부문의 난방 전기화가 빠르게 진행되고 있다. 전기차 보급률도 지난달 말 기준 12.2%로 전국에서 가장 높아 분산에너지 실증에 적합하다는 게 정부의 판단이다. 우선 한림읍 또는 대정읍의 20가구 안팎을 대상으로 에너지제로 주택단지를 구축한다. 각 주택의 태양광과 히트펌프, 전기차, ESS, AI 가전을 하나의 시스템으로 연결해 마을에서 생산하고 사용하는 전력을 실시간으로 관리한다. 개별 주택에서 생산하고 남은 전력은 마을 내에서 공유하고 전기요금이 저렴한 시간대에 맞춰 설비가 스스로 가동 시점을 조절하도록 할 계획이다. 정부는 이를 통해 개별적으로 운영되던 분산에너지 자원을 하나로 묶어 마을에서 생산한 전력을 지역 안에서 활용하고 거래하는 모델을 실증한다. 전력 수급에 따라 생산과 소비, 저장을 조절해 전력망의 안정성을 높이는 역할도 검증한다. 전기차를 전력망과 연결해 에너지저장장치처럼 활용하는 실증도 이뤄진다. 제주 주요 지역에 양방향 충·방전이 가능한 전기차 충전기를 설치한다. 재생에너지 발전량이 많을 때 전기차 배터리에 전력을 저장하고 전력 수요가 늘어나면 저장된 전력을 다시 전력망에 공급하는 전기차-전력망 연계(V2G) 방식이다. 전기차 초급속 충전스테이션에는 가상발전소(VPP)와 ESS를 연계한다. AI로 재생에너지 발전량을 예측하고 ESS의 충·방전 시점을 조절해 전력 사용 효율을 높일 계획이다. 재생에너지를 농업에 활용하는 스마트팜 실증도 추진한다. AI를 활용해 재생에너지 발전량과 농장의 에너지 사용량을 예측하고 남는 전력을 냉난방과 조명, 양액 공급 등에 활용하는 방식이다. 농업 생산성과 에너지 자립도를 동시에 높이는 게 목표다. 전기차 충전스테이션과 스마트팜에는 비리튬계 ESS를 적용한다. 정부는 실증을 통해 장주기 운전 성능과 안정성, 경제성 등을 검증해 상용화 가능성을 살펴볼 계획이다. 제주 분산에너지 실증사업은 올해 말 현장 실사 등을 거쳐 향후 5년간 진행된다. 이재식 기후부 전력망정책관은 "주민의 에너지 비용은 낮추고 전력망의 안정적 운영에 도움이 되는 다양한 분산에너지 사업 유형을 실증해 성과를 확인한 뒤 다른 특화지역으로 확산해 나가겠다"고 밝혔다. * This article has been translated by AI. 2026-09-08 12:04:00
  • Financial Commission Launches Second National Participation Growth Fund on September 30
    Financial Commission Launches Second National Participation Growth Fund on September 30 The second National Participation Growth Fund, which focuses on investments in advanced industries such as semiconductors, secondary batteries, artificial intelligence (AI), and future vehicles, will be available for public purchase from September 30 for two weeks. The total amount to be raised is 600 billion won, with 50% of the initial week's allocation reserved for low-income individuals.The Financial Commission announced on September 8 that the same ten asset management firms selected for the first fund will manage the second fund.The funds will be distributed across ten sub-funds, including two large-sized funds (1.2 billion won each), four medium-sized funds (800 million won each), and four small-sized funds (400 million won each).The large fund managers are DS Asset Management and Korea Investment Value Asset Management. The medium-sized fund managers include Brain Asset Management, KB Asset Management, Quad Asset Management, and Truston Asset Management. The small fund managers are DB Asset Management, NH Hedge Asset Management, Taurus Asset Management, and Hana Asset Management.Investors in the public offering fund (three funds) will share the operating profits of the ten sub-funds, ensuring that all products invest in the same portfolio, resulting in identical returns.The primary investment targets for the National Participation Growth Fund include companies in advanced strategic industries such as semiconductors, secondary batteries, hydrogen, future vehicles, defense, and AI, mirroring the investment targets of the first fund. The fundraising goal remains the same at 600 billion won.The product will officially launch on September 30 and will be sold on a first-come, first-served basis until October 15. It will be available through ten commercial banks and fourteen securities firms, with sales occurring both in branches and online.The government offers tax deductions of up to 18 million won on investments and a separate taxation benefit of 9.9% on dividend income for up to five years. To qualify for these tax benefits, individuals must be at least 19 years old or 15 years old with earned income and must subscribe through a dedicated account for the National Participation Growth Fund. However, individuals classified as comprehensive income taxpayers in any of the three years prior to the fund's launch (2023-2025) are ineligible to open a dedicated account.The maximum investment limit for the dedicated account is 100 million won per year (up to 200 million won over five years), while the minimum limit is set between 0 and 1 million won at the discretion of the sales firms. The annual investment limit per person is 30 million won.This second fund significantly increases the allocation for low-income individuals to 50% of the total sales. However, if the allocation for low-income individuals is not fully utilized in the first week, sales will open to the general public in the second week. The sales method will also limit online sales to 40% through banks and 60% through securities firms in the first week.The fund will not allow early redemption for five years, and the fees and commissions will be approximately 1.2% annually (about 1.0% for online subscriptions).* This article has been translated by AI. 2026-09-08 12:04:00
  • Jung Jeom-sik Criticizes Lee Government, Calls South Korea in a Jamdemic
    Jung Jeom-sik Criticizes Lee Government, Calls South Korea in a 'Jamdemic' Jung Jeom-sik, the floor leader of the People Power Party, criticized President Lee Jae-myung on September 8, stating, "No government has ever caused such rapid and devastating collapse in South Korea since its founding." He referred to the term 'jamdemic,' a blend of 'jam' and 'pandemic,' to target the ruling party's policies on real estate, finance, and justice, launching a broad offensive. He also distanced himself from discussions on constitutional amendments proposed by Kim Min-seok, the leader of the Democratic Party, the previous day.In his representative speech at the National Assembly, Jung stated, "Currently, South Korea is in a state of collapse across all areas, including public safety, real estate, stock markets, rule of law, national defense, and state finances."Regarding real estate policy, he labeled it a 'promise fraud' and called for its complete abolition. Jung criticized, "The president promised during his campaign not to control real estate through taxes. However, after taking office, the policies have been the exact opposite. This is a 'promise fraud' against the people."He also attributed the volatility in the stock market to the government, stating, "The government is the cause of stock market volatility," and criticized the administration for managing financial policy like a 'stock leading room,' which has exacerbated volatility. He emphasized the need for a national investigation and special prosecution regarding the introduction of single-stock leveraged exchange-traded funds (ETFs).On the constitutional amendment mentioned by Kim the previous day, Jung stated, "There will be no constitutional amendment under this government," asserting, "I will never discuss amendments with those who clearly commit unconstitutional acts for personal gain." He urged the judiciary to resume the trial of President Lee.Full Text of Jung's Representative SpeechDear citizens,Honorable Speaker of the National Assembly Jo Jung-sik and fellow lawmakers,Prime Minister Han Seung-sook and cabinet members,This is Jung Jeom-sik, the floor leader of the People Power Party.It has been 1 year and 3 months since the Lee Jae-myung government was inaugurated. Recently, the president's approval rating has fallen below 40%, with some polls showing it as low as 34.7%.The public's expectations have turned into disappointment, and disappointment has morphed into anger. When approval ratings plummet, the government must change its policies. However, the Lee Jae-myung administration continues to turn a blind eye and block its ears, pursuing its own path.Take a look at the recent cabinet reshuffle. The head of the president's prosecution cancellation group, who is implicated in new drug fraud allegations, has been nominated as the Minister of Justice.A person who has served as a proportional representative twice and is a symbol of privilege and unfairness, seeking to hold both ministerial and legislative positions, has been nominated as the Minister of Gender Equality and Family.The candidates for the Minister of Economy and the Minister of Land are both former vice ministers responsible for policy failures. This indicates a continuation of failed economic and real estate policies, suggesting a willingness to fight against the people.Appointments send a clear message from the government: 'We will definitely clear the president's name,' 'We will give up on the youth,' and 'We will continue populist policies on real estate regulation.'Recently, the term 'jamdemic' has become popular. It combines President Lee's name with 'pandemic,' implying that everything he touches brings disaster.Currently, South Korea is in a state of collapse across all areas, including public safety, real estate, stock markets, rule of law, national defense, and state finances.Since the founding of South Korea, no government has caused such rapid and devastating collapse.Government and Ruling Party Open the Gates to Hell in Public SafetyThe government and ruling party have opened the gates to hell in public safety. Citizens are expressing their anxiety and doubting the capabilities and will of investigative agencies.With the abolition of supplementary investigative rights, police may have to divert public safety personnel to fill gaps in investigative capabilities. Investigations will become inadequate, and public safety will be compromised.In Gwangju, police concealed evidence in a murder attempt case. In Jeju, a missing persons case was falsely concluded. In Gangnam, Seoul, a suspect was disguised as a witness.The police's mishandling of cases is shocking. If supplementary investigative rights are abolished, it will not only prevent concealment but also make it difficult to uncover the truth later.I have warned the Democratic Party not to open the gates to hell by abolishing supplementary investigative rights.However, driven by hatred and revenge against the prosecution, and greed for votes in the party convention, the Democratic Party has opened the gates to hell by abolishing supplementary investigative rights.By October, both the prosecution and supplementary investigative rights will disappear. The Special Investigation Agency has not even been able to recruit investigative personnel.In this situation, the president suddenly ordered the establishment of a police reform organization, calling for self-correction with a determination to make sacrifices. The Democratic Party claims it will root out the six major evils of the police.This is akin to a thief ordering the barn to be fixed after losing the cow.The distortion of the judicial system will lead to inadequate investigations, which will return as suffering for the people. The government and ruling party bear full responsibility for this. Please remember this clearly.Citizens Cry Over Real Estate and Are Deceived by StocksThere is one rule in the South Korean real estate market: when the left takes power, real estate prices soar. The Lee Jae-myung government has proven this rule without exception.Within a year of taking office, apartment prices in Seoul have risen by 11%, surpassing the 8.2% increase during the Moon Jae-in administration. Since February of last year, apartment prices have risen for 82 consecutive weeks.As apartment prices soar, rental properties are dwindling. In Jungnang-gu, there are only two rental listings in a new apartment complex with over 1,500 units. In Gangbuk-gu, there is only one rental listing in a large complex of 3,830 units.With the barriers to buying and renting rising, citizens are reluctantly forced into monthly rentals. As demand for monthly rentals increases, prices naturally rise. In areas like Nowon-gu, Dobong-gu, and Gangbuk-gu in Seoul, monthly rents for a standard apartment (84 square meters) exceed 3 million won.Earlier this year, the president claimed that controlling real estate would be easier than managing valleys. However, now we are witnessing a triple increase in sales, rentals, and monthly rents, sweeping across the metropolitan area like a domino effect. The president has not captured real estate but the people.Believing that speculation is the reason for rising real estate prices, the government has blocked private redevelopment and reconstruction while imposing loan restrictions and tax burdens.They have treated multiple homeowners as devils. These individuals are suppliers in the housing market. By blocking supply, price surges are inevitable.They have forced non-resident homeowners to live in their properties. This forces tenants to seek other homes. The state is forcing citizens to play a game of musical chairs.In the face of angry public sentiment regarding real estate, the government announced it would maintain the current basic deduction for comprehensive real estate tax for non-resident homeowners.However, while government policies waver, tenants have already been pushed elsewhere.Please think before announcing policies. The government can change its words, but the lives of the people collapse with each statement.Above all, the leftist mindset regarding real estate must be discarded. The Democratic Party has long used the phrase that a house is not for buying but for living.The Chinese Communist Party used the expression 'housing is for living, not for speculation' while implementing real estate regulations.How can the real estate policies of a country that has chosen a market economy be the same as those of the Chinese Communist Party? This alone shows how extreme the Democratic Party is.Furthermore, the president has stated that if housing auctions surge due to loan defaults, the government will purchase them in bulk for public housing purposes.This means the state will pressure citizens with interest rates and taxes to hoard homes. The state wants to act as a landlord while binding citizens as tenants.This is a predatory policy disguised as a plan.The president promised during his campaign not to control real estate through taxes. However, after taking office, the policies have been the exact opposite. This is a 'promise fraud' against the people.The fraud against the common people in rental housing has faced legal judgment. The fraud against the public through broken promises will face the judgment of public sentiment. 2026-09-08 11:56:00
  • Hwacheon County Enhances One-Stop Care for Medical, Nursing, and Living Support
    Hwacheon County Enhances One-Stop Care for Medical, Nursing, and Living Support Hwacheon County in Gangwon Province is strengthening its integrated care system to provide medical, nursing, and living support services to seniors and disabled individuals facing difficulties in daily life.According to Hwacheon County on September 8, the program targets seniors aged 65 and older and disabled individuals who require comprehensive support. This includes those eligible for long-term care benefits, hospital dischargees, residents transitioning from nursing facilities, individuals in priority groups for senior customized care services, those awaiting long-term care assessments, and elderly individuals with disabilities.Residents can apply through the customized welfare team in their local township, where a caseworker will visit their homes to assess their health status, living environment, and care needs. Based on this assessment, a personalized support plan will be developed, connecting them to necessary services.The support areas include four categories: health care, visiting nursing, housing, and living assistance. Services offered include home medical visits, health management, dementia care, visiting nursing and bathing, as well as home environment improvements such as removing thresholds and installing safety bars and anti-slip tiles.Additional services include household support, meal delivery, hospital accompaniment, laundry, and deep cleaning and disinfection. After services are provided, the living and health status of the recipients will be continuously monitored.While previous care policies focused on individual services such as health checks and living support, the integrated care approach differs by consolidating fragmented medical, nursing, welfare, and housing services into a single personalized plan.The integrated care initiative began on March 27, when related legislation was enacted. Under the current administration, the focus is on enhancing collaboration among departments and agencies to establish a local care system.Kim Se-hoon, the mayor of Hwacheon County, stated, “The key is to connect essential support that was previously provided individually to meet the needs of residents. We will build a robust support system to ensure that residents in need of care can live stably in familiar surroundings.” 2026-09-08 11:56:00
  • Kim Min-seok Inspects Prices at Noryangjin Fish Market Ahead of Chuseok
    Kim Min-seok Inspects Prices at Noryangjin Fish Market Ahead of Chuseok Kim Min-seok, leader of the Democratic Party, visited the Noryangjin Fish Market in Seoul on September 8 to check prices and hear from market vendors ahead of Chuseok.After touring the market in the Dongjak District, Kim held a meeting with the merchants.Cha Deok-ho, president of the High-End Seafood Association, requested a relaxation of regulations on corporate card use for group meals. He stated, "It's quite difficult for individuals to purchase items like king crab. Before the Kim Young-ran Act, corporate cards were more effectively used for seafood consumption," and added, "While gifts may be challenging, we hope for some revisions regarding meals."In response, Kim acknowledged, "The issues surrounding corporate cards and the Kim Young-ran Act were introduced for specific reasons, so a complete repeal is difficult. However, there is room to consider group meals rather than gifts."Additionally, the merchants raised concerns about expanding airport and tour bus services for tourists, as well as the challenges of applying uniform electronic auctions.Kim promised to explore allowing media facade advertising on the market building and to consider ways to utilize it as a cultural and tourist attraction. He also urged Ryu Sam-young, the Dongjak District mayor, to designate a department to address issues related to the Noryangjin Fish Market, assuring that he would work with the party's policy committee to review potential solutions.* This article has been translated by AI. 2026-09-08 11:48:10
  • Kim Ji-yong Begins Preparation for Confirmation Hearing as Head of New Major Crimes Agency
    Kim Ji-yong Begins Preparation for Confirmation Hearing as Head of New Major Crimes Agency Kim Ji-yong, the nominee for the inaugural head of the Major Crimes Agency, will begin preparations for his confirmation hearing on September 8. With the agency set to launch on October 2, his first challenge will be to recruit personnel and integrate a mixed team of prosecutors and police to prevent any gaps in investigations.According to legal sources, Kim will report to the government office in the Changseong-dong annex of the Government Seoul Complex for the first time on the afternoon of September 8. He is expected to share his thoughts on his nomination and plans for the agency during his commute.The preparation team will primarily consist of personnel from the Major Crimes Agency's preparatory committee and the Ministry of the Interior and Safety. The prosecution will dispatch ten investigators from grades 4 to 7 to the preparation team from September 9 to October 1. All dispatched personnel are said to have applied for special appointments to the Major Crimes Agency.The Major Crimes Agency will officially launch with a total of 2,874 personnel, including its headquarters and six regional offices in Seoul, Suwon, Daejeon, Daegu, Busan, and Gwangju. Although 2,376 members of the prosecution applied for special appointments, 615 withdrew their applications, leaving a final count of 1,761 applicants, which is 61.3% of the available positions.However, not all applicants will be appointed. The government plans to conduct competitive hiring for police officers, lawyers, accountants, and patent attorneys, as well as additional special appointments for prosecution members.Kim must unify personnel with different investigative experiences and reporting systems into a single organization. He will need to establish criteria and procedures for transferring ongoing prosecution cases to ensure continuity in investigations, as well as finalize appointments for the agency's deputy head and the six regional heads.Kim's stance on prosecutorial reform is expected to be a contentious issue during the confirmation hearing. He has publicly stated that the prosecution should retain its supplementary investigative powers. He also participated in a statement by national prosecutors calling for reconsideration when then-Minister of Justice Choo Mi-ae suspended Prosecutor General Yoon Seok-youl's duties in November 2020.On September 7, while on a state visit to France, President Lee Jae-myung decided to nominate Kim, following a recommendation from Minister of the Interior and Safety Yoon Ho-joong. The Blue House cited Kim's investigative experience and organizational management skills as reasons for his nomination.A member of the 28th class of the Judicial Research and Training Institute, Kim has served as the chief prosecutor of the Chuncheon District Prosecutors' Office, head of the Criminal Division at the Supreme Prosecutors' Office, and deputy chief prosecutor at the Gwangju High Prosecutors' Office. He is currently a representative attorney at the law firm Apex. Following the National Assembly's confirmation hearing, he will be appointed by the president.* This article has been translated by AI. 2026-09-08 11:48:10
  • KOSPI Surges Past 7140 Driven by Semiconductor and Nuclear Power Stocks
    KOSPI Surges Past 7140 Driven by Semiconductor and Nuclear Power Stocks The KOSPI index surpassed the 7140 mark during trading, buoyed by strong performances in semiconductor stocks. Samsung Electronics and SK Hynix continued their upward trend from the previous day, while nuclear power-related stocks also contributed to the index's gains.As of 11:40 a.m. on September 8, the KOSPI had risen by 145.04 points (2.07%) to reach 7140.43. The KOSDAQ index also saw an increase of 6.34 points (0.77%), reaching 828.53.In the main stock market, foreign and institutional investors made net purchases of 185.4 billion won and 567 billion won, respectively, helping to lift the index. In contrast, individual investors sold a net 1.484 trillion won. In the KOSDAQ market, individuals and foreigners bought a net 85.6 billion won and 20.1 billion won, while institutions sold 107.2 billion won.Among the top market capitalization stocks, Samsung Electronics traded at 277,250 won, up 2.69%. SK Hynix rose 4.32% to 1,860,000 won. Other gainers included SK Square (up 4.62%), Samsung C&T (up 3.65%), and Samsung Life (up 1.44%).The KOSDAQ market also saw strong performances from semiconductor-related stocks. JUSUNG Engineering surged 10.84% to 207,500 won. Other gainers included Simtek (up 4.76%), Rino Industry (up 4.09%), HPSP (up 3.56%), and Wonik IPS (up 1.62%).However, some large-cap stocks faced declines. Samsung Electro-Mechanics fell 1.58%, and LG Energy Solution dropped 1.52%. Samsung Biologics (-0.68%) and Hyundai Motor (-0.64%) also experienced losses.Nuclear power-related stocks are seeing increased investor sentiment due to expectations surrounding follow-up projects from the U.S.-Korea investment initiative. Lee Kyung-min, a researcher at Daishin Securities, stated, "The South Korean government is pursuing the construction of a liquefied natural gas combined cycle power plant in Texas, estimated at around 30 trillion won, as the first project under the U.S.-Korea investment initiative, with discussions ongoing for the construction of up to eight large nuclear power plants as follow-up projects."However, tensions in the Middle East and fluctuations in international oil prices could increase market volatility. The researcher noted, "The U.S. White House and Department of Defense are expecting support for the protection of freedom of navigation in the Strait of Hormuz from allied nations, while Iran has warned that South Korea's military presence or operational participation could lead to serious consequences."In the afternoon session, the continuation of the semiconductor rally led by Samsung Electronics and SK Hynix will likely determine whether the index can rise further. With the KOSPI recently surpassing the 7000 mark and climbing toward 7100, it will be important to observe whether the buying momentum from foreign and institutional investors continues as profit-taking occurs.* This article has been translated by AI. 2026-09-08 11:48:00
  • HD Hyundai Discusses Naval and Defense Cooperation with Philippine Defense Chief
    HD Hyundai Discusses Naval and Defense Cooperation with Philippine Defense Chief HD Hyundai is expanding its collaboration with the Philippine government to modernize the navy and develop the local shipbuilding and defense industries.On September 7, HD Hyundai Chairman Chung Ki-sun met with Philippine Defense Secretary Gilberto C. Teodoro Jr. in Seoul to discuss ways to enhance cooperation in the shipbuilding and defense sectors.During the meeting, both sides evaluated the achievements of the defense cooperation established over the past decade and agreed on the need to expand the scope of collaboration to include the modernization of the Philippine Navy and strengthening the competitiveness of the local shipbuilding industry.The partnership between HD Hyundai and the Philippines in shipbuilding began in 2016 with the contract for the Philippine Navy's first frigate. Since then, the collaboration has continued to grow with new shipbuilding projects and follow-up contracts.Notably, the meeting highlighted the operation of HD Hyundai Philippines in Subic last year as a significant turning point in industrial cooperation. HD Hyundai successfully launched its first vessel built there and plans to deliver it to the owner next year. The company also aims to gradually enhance production capabilities based on local operational conditions.Secretary Teodoro emphasized the strategic importance of cooperation with HD Hyundai for the modernization of the Philippine Navy and revitalization of the shipbuilding industry, expressing support for the company's expansion of its business base in the Philippines. He also expressed a desire to continuously seek mutually beneficial cooperation that provides practical assistance to both parties.Chairman Chung stated, "Thanks to the consistent policies and cooperation of the Philippine government and Navy, we have significantly contributed to enhancing the capabilities of the Philippine Navy, allowing HD Hyundai to operate its business stably. Based on mutual trust, we will seek long-term industrial cooperation opportunities in various fields beyond just commercial and naval shipbuilding."To date, HD Hyundai has secured contracts for 12 vessels from the Philippines and has delivered six, with plans to continue collaboration on follow-up frigate projects leveraging its accumulated business capabilities.* This article has been translated by AI. 2026-09-08 11:48:00
  • POSCO Invests 480 Billion Won to Establish New Automotive Steel Plant in Gwangyang
    POSCO Invests 480 Billion Won to Establish New Automotive Steel Plant in Gwangyang POSCO is investing 480 billion won to establish a new production facility for automotive hot-dip galvanized steel (CGL). This marks the first new CGL construction by POSCO since 2017.On September 8, POSCO broke ground on the 8CGL (Continuous Galvanizing Line) at its Gwangyang steelworks, with an annual production capacity of 450,000 tons. The ceremony was attended by Gwangyang Mayor Park Seong-hyeon, POSCO President Lee Hee-keun, Strategic Investment Head Kim Kwang-moo, Purchasing Head Lee Yoo-kyung, Gwangyang Steelworks Head Ko Jae-yoon, and Technology Research Institute Head Eom Gyeong-geun.During the ceremony, President Lee stated, "This investment is a strategic move to enhance our future competitiveness in the rapidly changing global steel ecosystem. By establishing specialized facilities for next-generation high-quality automotive steel, we aim to solidify POSCO's technological leadership amid global competition."The newly constructed 8CGL is set to focus on producing hot-dip galvanized steel for automotive exteriors, with completion expected in 2028.Hot-dip galvanized steel, coated with zinc, is known for its excellent corrosion resistance and aesthetic appeal, making it suitable for automotive exteriors and home appliances. As vehicles become more sophisticated, the demand for hot-dip galvanized steel, which offers superior paintability, corrosion resistance, and workability, continues to rise.This will be POSCO's first new hot-dip galvanized steel plant in nine years. The company plans to invest approximately 480 billion won to expand its production of next-generation automotive steel in line with the trends of premiumization and larger vehicles in the automotive industry. With this investment, POSCO's hot-dip galvanized steel production capacity will increase to 4.95 million tons.The 8CGL will play a key role in producing low-carbon automotive steel in conjunction with newly established electric furnaces. It will introduce ultra-high-temperature heat treatment facilities specialized for electric furnace steel, responding to the demand for low-carbon steel from global automakers, and will enhance the production system for wide automotive steel used in mid-to-large SUVs and recreational vehicles.POSCO also aims to improve productivity and quality. The company plans to apply AI technology, leveraging over 30 years of operational know-how, to analyze material, process, and quality data in real-time, controlling equipment to reduce quality variations and defects while increasing production efficiency. Additionally, high-risk tasks will be managed using AI and robotics as part of its manufacturing AI transformation (AX).Based on the 8CGL, POSCO intends to enhance quality and service levels, securing differentiated product competitiveness. This strategy aims to support customers' market responsiveness and stable production, positioning POSCO as a strategic partner in shaping the future of the mobility industry.Meanwhile, POSCO is developing the Gwangyang steelworks as a hub for future mobility materials, focusing on high-value mobility products such as giga steel and high-efficiency non-oriented electrical steel (HyperNO) for electric vehicle drive motor cores. 2026-09-08 11:44:00
  • President Yoon Discusses Introduction of Mifepristone, Shares Impact on HyunDai Pharmaceutical
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