POSCO chief calls for tech-led strategy to withstand global volatility

By Lee Nak-yeong Posted : November 18, 2025, 10:13 Updated : November 18, 2025, 11:23
POSCO Group Chairman Jang In-hwa speaks at the APEC CEO Summit in Gyeongju on building resilient and eco-friendly global supply chains.
POSCO Group Chairman Jang In-hwa speaks at the APEC CEO Summit in Gyeongju. Yonhap


SEOUL, November 18 (AJP) - POSCO Group Chairman Jang In-hwa called for stepped-up technological innovation to help the steel conglomerate manage an increasingly unpredictable business landscape, telling employees the company must accelerate development efforts and reinforce long-term competitiveness.

Speaking Tuesday at the POSCO Group Tech Forum, Jang said the company needs a more collaborative approach to research and development as it adapts to shifts in global supply chains and demand patterns.

“The importance of resource acquisition in steel and battery materials cannot be overstated,” he said, adding that employees should strengthen AI capabilities to support the group’s broader digital transformation.

The two-day forum gathered more than 1,300 executives, engineers and researchers to review the company’s latest technological achievements and debate future priorities. The event was launched in 1989 as POSCO’s flagship platform for charting its R&D agenda.

Since assuming office, Jang has pushed an innovation-led strategy, aiming to fortify the company’s existing steel and secondary battery materials businesses while identifying new areas of growth through a unified corporate R&D framework.

* This article, published by Aju Business Daily, was translated by AI and edited by AJP.

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