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Research & Development
Our group of 370 researchers at Coway is spread across a number of institutes, including the Coway R&D Center, the Environmental Quality Institute, the Design Institute, and the Cosmetics Institute. We work to create innovative technologies through our research that improve many facets of life while emphasizing sustainability. Modern research facilities give us the focus we need to innovate while preserving clean, healthy water and air. We continue to develop our smart technology by utilizing the potential of IoT and big data, analyzing the quality of the air and water as well as behavioural patterns to offer our clients specialized solutions. Building a better world for all people is our ultimate goal.
Company that Studies Water, Air and People
As a company dedicated to the study of water, air, and their impact on people, we constantly seek new ideas and insights to serve our customers with sincerity. Our efforts have made us the leading company in our industry, ranking first in brand awareness and market capitalization growth rate in the Republic of Korea. While we are proud of our achievements, we know that good technology alone does not guarantee good health or long-term happiness for families. That’s why we prioritize the invisible values of clean water and air, rather than just selling water purifiers and air cleaners. With our expertise in water and air quality, we can provide genuine care and make people healthier. Our unwavering commitment to this goal drives us to challenge ourselves and the world, always with sincerity.
According to CEO Score, Coway was named the top-ranking company in terms of market capitalization growth rate among Korea’s top 500 companies in 2015. Additionally, Coway achieved the highest growth rate in brand value at Interbrand’s Best Korea Brands 2016.
Technology Assets
At Coway, we have a comprehensive collection of technology assets that enable us to provide reliable access to clean water and air, regardless of time or place. In our environmental analysis center, we’ve developed a database on water and air quality from around the world, which allows us to address various water quality situations that depend on geographic and environmental conditions. By analyzing water samples from approximately 40 countries and developing our own ‘Coway World Water Map,’ we’re able to offer customized solutions to each customer’s unique water needs.
Similarly, we conduct ‘IAQ (Indoor Air Quality) Field Tests’ by visiting various locations where our customers reside to analyze air quality, ensuring that our customers can enjoy clean indoor air, no matter where they are. With an air quality index developed from collecting more than 100 million air quality data from about 1,300 households as of December 2015, we can quantify the impact of pollutants on health and provide customized air filters tailored to each customer’s specific needs.
Our passion for studying water and air has led us to develop innovative products and patents. We hold a total of 3,530 intellectual property rights (as of December 2015), including more than 1,800 patents related to water and air.
Achievements
Innovations in Daily Life, New Future Driven by Coway
Since established in 1989, we have provided products and services that care about all aspects of life, including water, air, and sleep. Based on innovations that create and grow markets, we ranked top in the industry in term of market share, customer satisfaction and brand value.
Development & Certification of Eco-Friendly Products
In an effort to minimize our product’s impact on the environment, we take a lead in developing products that improve energy efficiency and reduce water use by using vacuum insulation materials and nano-trap filters. Our efforts to develop eco-friendly products and services and reduce energy use gained local and international recognition as we were awarded Energy Winner Prizes for 11 consecutive years and obtained a variety of certifications. ‘Coway Self-Sterilizing Water Purifier’ obtained Korea’s first Carbon Neutral Product Certification, leading efforts to reduce greenhouse gases and achieve low-carbon green growth.
