Korean media has reported that POSCO’s information technology provider POSCO ICT plans to change its name to POSCO DX in March, which refers to digital transformation. The board of POSCO ICT approved the change of name in a meeting on 18 February. The name change will be finalized at a shareholders meeting on 20 March As POSCO ICT succeeded in turning a profit in one year last year based on DX businesses such as industrial robot engineering and returned to the KRW 1 trillion club in 9 years, it seems that it is considering using DX as its mission.POSCO Holding has already applied for a patent for the trade name POSCO DX to the Korean Intellectual Property Office.The POSCO Group has begun changing the names of some of its affiliates. It is part of reorganizing the brand image in line with the new vision of’ Global Eco-friendly Future Materials Representative. In addition to POSCO ICT, POSCO Group is considering changing the names of some of its subsidiaries, including POSCO E&C, POSCO A&C and POSCO Chemical, in the first half of this year. This is because it is judged that the existing mission does not sufficiently cover the new businesses that have been promoted by affiliates since the transition to the holding company system. Except for POSCO Chemical, it is an old mission that has been used for over 10 years. POSCO E&C has been using it since 2002, and POSCO A&C and POSCO ICT have been using it since 2010.