Sign an MOU with the CHEARI to boost entrance into the Chinese market
Coway signed an MOU for strategic business alliance and health appliance technology service with the CHEARI (China Household Electric Appliance Research Institute) in Beijing on December 11. It was promoted to expand business in China by cooperating for the improvement of technical power and product quality.
The CHEARI, established in 1965, engages in testing, certifying, and conducting post-inspection of the national standard certification on home appliances “GB.” It also designs and proposes ...
Hold the “Eco-friendly Water Bottle Design Idea Contest”
In a bid to disseminate the culture of eco-friendly lifestyle and practice the water love campaign, Coway holds the “Eco-friendly Water Bottle Design Idea Contest” from Dec. 10, 2018 to Jan. 9, 2019 with the launch of an online design community platform named “Water-Feeling Research Center.”
The platform was prepared to share the importance of clean water and will play a role in creating eco-friendly design ideas together with employees and specialists in each field. The Eco-friendly Water ...
Hold the “Dongchimi Festival” for multicultural families
On November 22, a lot of multicultural families and best customers gathered in the Kintex located in Ilsan, Gyeonggi-do, to enjoy the “3rd Dongchimi Festival” hosted by Coway. At the festival, participants made dongchimi with clean water purified through Coway’s high-tech filters and then delivered it to the marginalized, sharing love with neighbors.
This event was prepared to appreciate the importance of corporate identity “Korea’s Representative Water Company” and ...
Launch low level family bed frames
Coway launched low level family bed frames (CFSS-LM01/02G, CFQ-LM01/02G) which can easily be combined and detached. These products enable users to redesign beds in accordance with changes in living environment.
Wider bed built by combining two beds is useful for customers with infants. The bed can be detached for separate use when they are grown.
Being safe and convenient, the low level bed frame is available for anyone from infants to adults. The side guard of these products prevent infants from falling from bed. The ...
Win the “CES Innovation Award” for four consecutive years
Coway won the CES Innovation Awards prior to the world’s largest electronics exhibition “2019 CES (Consumer Electronics Show)” to be held in Las Vegas in January 2019. This is fourth consecutive winning since the first participation in 2016.
The innovation award was given to four products – CIROO Tankless Water Purifier (CHO-7300R), CIROO Stand Water Purifier (CHP-5700R), King’s Man Massage Chair (MC-S01), and Body Refresher Water Softener.
Two water purifiers demonstrate ...
Initiate an IoT-based air care service in connection with Kakao Home application
Coway initiates a voice recognition air care service in connection with Kakao Home application on November 8 to further improve user convenience.
This service is introduced to three kinds of air purifiers – Active Action Air Purifier IoCare (AP-0818A), Multi-Action Humidifying Air Purifier IoCare (APMS-1516E), and Dual Power Air Purifier IoCare (AP-1515D). It is available for existing customers as well as new customers.
These products can be controlled by simple voice commands for Kakao mini speaker. This ...
Participate in the CIIE (China International Import Expo)
Coway participates in the CIIE (China International Import Expo) held in Shanghai from Nov. 7 to 10 in order to display its innovative products and technologies and build a corporate image specialized in water and air. The CIIE is first held this year as a state-driven expo.
Coway showcases a total of 22 innovative products at the CIIE – 9 air purifiers to which differentiated air dynamics technology was adopted, 7 water purifiers that enable customized usage in accordance with water quality conditions based on RO ...
Launch the “Style Care Bidet”
On November 5, Coway launched a new bidet (BAS31-A) named “Style Care Bidet” that offers six kinds of cleaning courses optimized to users’ physical conditions.
Differentiated function of this product is driven by Coway’s innovative technology “i-wave system” that provides optimized cleaning courses by combining water pressure, air, cleaning scope, and time control functions with consideration for physical conditions.
Generally, a bidet sprays water straightly and ...
Coway’s CEO Hae-sun Lee had a special lecture at Ewha Women’s University
On October 31, Coway’s CEO Hae-sun Lee attended the “CEO’s Special Lecture” program held at the Ewha & Sinsegye Hall of the Ewha Women’s University and delivered a special lecture with the theme of “Entrepreneurship and Response to the Change of Era” to more than 200 students majoring in business administration.
Major lecture contents were the 4th Industrial Revolution & future business, changes in the global market, and challenging spirit of global innovative ...
Attain the largest 3Q sales and operating profit
Coway announced that it achieved the largest 3Q sales and operating profit. Sales and operating profit increased 6.4% and 5% year-on-year to KRW 669.8 billion and KRW 130.4 billion, respectively, in 3Q 2018 on a consolidated basis of K-IFRS.
The outstanding operating performance was mainly attributable to the largest rental sales at home and abroad, soaring growth in overseas business, and solid growth of mattress rental sales.
▲ The Largest Rental Sales at Home and Abroad in 3Q
Rental unit sales at home and abroad ...