POSCO chairman Choi Jeong-woo has announced the largest-ever investment and employment plans in just one month after taking office. POSCO plans to invest 45 trillion won (US$40.43 billion) to create 20,000 jobs in the next five years.The group announced the investment plans on Sept. 3, saying that t
As POSCO Chemtech president Choi Jeong-woo was tapped as new chairman of POSCO, the nation’s largest steel manufacturer is expected to step up its efforts to implement the 100-Year-Old Enterprise project.The project calls for shifting the steel giant's strategic focus from steel production and s