Make a presentation on performances at the “Water Purifier Business Council” meeting
Coway made a presentation on performances at the “Water Purifier Business Council” meeting held at the head office located in Jung-gu, Seoul, on November 27.
This presentation was prepared to announce and share major performances of the council which had been launched by 10 domestic water purifier companies with the aim of protect customers and their rights. Officers from nine companies including Coway attended the council.
The council is closely collaborated with the Korea Consumer Agency in order to ...
Coway EnTech is selected as an “Excellent Environmental Enterprise”
Water treatment specialty company Coway EnTech was selected as the “2017 Excellent Environmental Enterprise” hosted by the Ministry of Environment and Korea Environmental Industry & Technology Institute on November 24.
The Excellent Environmental Enterprise system, supported by the government, was designed to select excellent companies engaging in environmental business and enhance their corporate brands and competitiveness. It also aims to help them advance into the global market. In 2017, a ...
Hold the "Dongchimi Festival" for love sharing
Coway held the second "Dongchimi Festival" at the KINTEX Exhibition Center located in Ilsan, Gyeonggi-do, on November 22.
This festival is one of Coway’s water-related social contribution activities. Under the slogan “Delivering Heart through Clean Water,” it was designed to practice love-sharing philosophy and fulfill corporate social responsibility by delivering Dongchimi (water-based radish kimchi) made with clean water to underprivileged people. With the aim of presenting ...
Win the “CES Innovation Award” for three consecutive years
Coway’s five products won the "CES Innovation Award" with the "2018 CES (Consumer Electronics Show" which will be held in Las Vegas in January 2018 ahead. This is the third straight yearly winning since 2016 when the company first participated in the CES, demonstrating its innovative technologies and differentiated design capabilities in the world.
The CES Innovation Awards was launched in 1976 and professionals of the CTA (Consumer Technology Association) select best products by ...
Achieve record high operating performance in 3Q
Coway achieved record high performances in both sales and operating profit in the third quarter. The company announced on November 7 that its 3Q sales and operating profit reached KRW 588.9 billion, up 7.0%, and KRW 127.0 billion, up 8.9% year-on-year, respectively, on a K-IFRS non-consolidated basis. Operating margin in 3Q also increased 0.4%p from the previous year to 21.6%.
Consolidated sales and operating profit also rose by 7.9% and 16.1% year-on-year to KRW 629.6 billion and KRW 124.2 billion, respectively.
Name to the DJSI World for two consecutive years
Coway announced that for two consecutive years it has been named to the DJSI World (Dow Jones Sustainability Indices World) which is awarded to top 10% global companies in sustainability management at the international conference for 2017 DJSI Sustainability Index held in Le Meridien Seoul on November 1.
The Dow Jones Sustainability Indices (DJSI) are a family of indices evaluating corporate sustainability which was co-developed by S&P Dow Jones of the US and RobecoSAM of Switzerland. The indices target global top ...
Make a grand slam of the world’s top four design awards
Coway has made a grand slam of the world’s top four design awards.
Coway’s five entries - water purifiers (including AIS), CODY service tool bag, and water softener - won the design awards at the Good Design Award hosted by JIDPO on November 1.
Particularly, Coway’s water purifier series featured its product identity by creating a unity of design even though each product has differences in function and size. The differentiated original function aimed at supplying clean water also contributed to ...
Win the Carbon Management Sector Honors for nine consecutive years
Coway was selected as the Carbon Management Sector Honors by the CDP (Carbon Disclosure Project) Korea for nine consecutive years in recognition of its excellence in response to climate change.
The CDP is an international non-profit organization located in the UK and at the same time a global project related to major global companies' responses to environmental issues such as climate change, water, and forest resources led by global leading financial institutions. Collected information is reported every year to be ...
Innovate the appellation system to build a culture of mutual respect
Coway introduces the horizontal appellation system that encourages all employees to address each other by name instead of existing position title in October 24.
It aims to enhance communication and develop innovative ideas by building a corporate culture of mutual respect, horizontal relations, and creativity.
This system is applied to all employees including the CEO, while existing position titles are maintained internally. Coway plans to conduct diverse campaigns to imbed this innovative appellation system ...
Launch the “Intellicare Bidet”
Coway launched the “Intellicare Bidet (BASH30-A)” equipped the “i-wave” system. The name “Intellicare” means the combination of “intelligence” and “care” which symbolize product features.
The “i-wave” system is Coway’s new water-jet technology. It consists of four-step cleaning courses: soft start (relaxing), pre-wash (pre-cleaning), main-wash (concentrated cleaning), and rinse wash (rinsing). The courses are ...