Posco and Samsung Electronics aim to increase cooperation

South Korean steel producer Posco will supply steel sheets for Samsung Electronics' household appliances according to the signed three-year agreement. Announcing that the steel supply to Samsung Electronics will be increased by 25%, the company will also provide stainless steel and electrical steel products to Samsung Electronics within a three-year period. It is stated in the statements made by the company that Posco, which supplies products such as cold rolled steel, electrical steel and stainless steel to Samsung Electronics, aims to make the supplies more stable. It is among the information obtained that the two companies, which are known to want to develop their technological and commercial relations, aim to cooperate in various fields in the future.