Background

Recently, business environment is moving from individual corporate level of competition to the one between business ecosystems, which increases the importance of strategic partnership with small- and mid-size enterprises (SMEs) to enhance competitiveness.
POSCO integrated its diversified efforts for win-win cooperation between large enterprises and smaller companies into the company-wide system while it established Inter-corporate Coordination in charge of support for the SMEs in order to strengthen the future partnership with the SMEs. POSCO is also operate Inter-corporate Coordination Committee to enhance and expand the POSCO group-wide cooperation efforts, and SME Consulting Center on the company website to reflect the problems of the SME business partners in the company policy.
POSCO¡¯s win-win cooperation efforts have recognized as a leading example for cooperation between large and smaller companies. POSCO won the President Award of¡ºDiscussion of Inter-corporate Coordination between Large and Smaller Companies¡», which was presided by the president and Silver Tower Order of Industrial Service Merit in 2006.
POSCO continued to build upon its win-win cooperation projects as concentrating on technological support and education. We will also seek out mutual growth by bolstering the competitiveness of SMEs.

Joint Activities

01 Benefit Sharing Activities
02 Expand supply to SME customers
03 Support for Outsourcing Service Partners
04 Full Cash Settlement
05 Assistance Fund for POSCO Partners
06 Win-win Cooperation Committee and Consulting Center for SMEs
07 Operation of a Dedicate Organization to Support SMEs
08 Joint Research with SMEs
09 New Product Development under Conditional Purchase
10 Transfer of Patented Technologies
11 SME Vocational Training Consortium
12 Techno Partnership (Technology transfer program customized for SMEs)