How to Make Steel with an Old(ie but Goodie) Blast Furnace
September 20, 2017
Blast furnaces play a central role in the steelmaking process. They date back to ancient times, to the beginnings of iron smelting. Today, blast furnaces turn out the molten iron used in steel production, and thus have helped industrialize the world and lay the foundations of global monumental infrastructures. ...
How Many Cobots Does it Take to Switch a Lightbulb?
September 14, 2017
Yes, robots are faster, more consistent and better performing than human workers, and are a possible threat to people’s job security. With the ongoing trend toward automation across industries, what’s to keep robots from flooding the job market in the near future? According to research by McKinsey, approximately 51 percent...
Going Autonomous: The Transformation of the Transportation Industry
September 18, 2017
Transforming Lives with Exoskeletons
September 15, 2017
New robotic exoskeletons are helping people with disabilities, paralysis and injuries, allowing them to walk again and stave off secondary injuries from prolonged sitting. Imagine, people with disabilities, after being told they may never walk again, find they can not only walk, but also cover a mile in an hour....
Game Changers in Aviation that Will Empower the Way We Fly
August 18, 2017
With the International Civil Aviation Organisation calling on the aviation industry to reduce its carbon footprint, a host of aircraft manufacturers are turning to innovative and efficient solutions. Read on to find out about some of the most innovative aviation projects that recently took off in an effort to find...
POSCO E&C: Rising Star in Southeast Asia
August 21, 2017
POSCO E&C recently won a contract to build the Matarbari coal-fired thermal power plant construction project in Bangladesh. The Matarbari power plant construction project includes the construction of a 1200㎿ (600㎿ x 2ea) coal-fired thermal power plant on Matarbari Island,...
POSCO’s Impressive Q217 Results
July 21, 2017
POSCO’s Q217 recorded a consolidated revenue of KRW 14.944 trillion, operating profit of KRW 979.1 billion and a net profit of KRW 530.1 billion. On July 20, POSCO announced these figures during an investor conference call for Q217. POSCO executives...