There are forecasts that POSCO DX could enter a new growth phase, driven by expanded orders following the recovery in POSCO Group's facility investments and the expansion of its artificial intelligence (AI) business.

▶ Shinhan Investment Securities: 'A Full-Stack Company Spanning IT, OT, and EIC'

Shinhan Investment Securities evaluated POSCO DX as a full-stack company capable of converting the group's facility investments into orders across IT, OT (operational technology), and EIC (electrical instrumentation and control). In particular, it analyzed that if order recovery translates into improved earnings, the company could move beyond its existing assessment centered on group system operations.

POSCO DX operates POSCO Group's IT systems, including ERP (enterprise resource planning) and MES (manufacturing execution systems), securing a recurring revenue base. It has also broadened its business scope by undertaking power, measurement, and control systems, as well as logistics facility construction and robot-based unmanned automation projects.

Its experience accumulated on manufacturing floors is also cited as a competitive strength. The company can leverage vast process data and facility automation technologies from steel mills, enabling expansion beyond simple system construction into intelligent production site businesses.

▶ Physical AI and Agentic AI as New Growth Axes

POSCO DX has recently positioned physical AI and agentic AI, going beyond smart factories, as new business pillars. In industrial settings, it is expanding physical AI that combines facilities and robots with AI, while in office and management tasks, it is pursuing work automation using AI agents. The plan is to pursue commercialization based on integrated capabilities spanning AI, OT, and IT.

▶ Development of AI Platform Utilizing Domestic NPU

The company is also working to strengthen the competitiveness of its AI infrastructure itself. POSCO DX recently developed a platform that integrates and manages video data and AI models from industrial sites using a domestically produced NPU. The architecture uses GPUs for AI training and NPUs for on-site inference, a strategy aimed at expanding the scope of AI applications on manufacturing floors.

▶ Key Variables Ahead: 'Order Conversion' and 'External Customers'

Going forward, the key variable for POSCO DX's earnings trajectory is expected to be how much the recovery in POSCO Group's facility investments actually translates into new orders and revenue growth. At the same time, whether physical AI and agentic AI can secure external customers beyond applications within the group is also cited as a factor that will determine the company's mid- to long-term valuation.

[Stock prices may exhibit heightened volatility depending on corporate performance, industry conditions, merger terms, market supply and demand, and other factors. Securities firms' analyses and forecasts may differ from actual future results and do not guarantee returns on specific stocks. Before making investment decisions, it is necessary to comprehensively review the company's official disclosures, financial condition, and business progress. This article is not intended to recommend the purchase or sale of any specific stock. This article was written with AI assistance.]