Coway Co., Ltd. improved its environmental grading from the Korea Institute of Corporate Governance and Sustainability from a B+ in 2022 to an A grade. This ranking is assessed by KCGS based on three categories: Environment, Society and Governance.
Coway Co., Ltd. was recognized with three awards at the International Design Excellence Awards 2023, an event that recognizes and celebrates products and companies that are pioneering innovative ways to improve daily life.
Coway Co., Ltd. released its financial results for the second quarter of 2023, posting $766.5 million in revenue, a 2.9% boost year over year. Second quarter operating profit was up 10.3% from the same period in 2022.
Consumer Reports evaluated 186 air purifier models in the U.S. market and ranked them based on unbiased evaluations, consumer surveys and in-house testing. Among these air purifiers, Coway’s Airmega ProX received the highest ranking of all, with a score of 93, and was the only brand to exceed 90 points.
Coway Co., Ltd. released its 18th sustainability report, sharing an overview of its progress and achievements regarding its Environmental, Social and Governance (ESG) goals. Included in this report is the company’s performance target of eliminating half of its carbon emissions by the year 2030 through sustainable energy source transitions and eco-friendly practices. This year’s report highlighted […]
Coway Co., Ltd. has been named to Interbrand’s list of South Korea’s Best Korea Brands for the ninth consecutive year. Interbrand extends this recognition to 100 brands after conducting an evaluation of the value of major global brands.
Coway Co., Ltd. announced its financial results for the first quarter of 2023, posting $709 million in revenue, a 2.2% year-over-year increase. First quarter operating profit was $131.3 million, a 1.7% year-over-year increase.
Coway has been honored for innovation and design excellence, winning a Red Dot Award for the 17th consecutive year. Coway’s Air Purifier and Skin Plus Water Softener were selected as award winners for their intuitive usability, distinct aesthetics and eco-friendly credentials.
The fourth quarter and full year financial report for Coway Co., Ltd. revealed 2022 fourth quarter revenue of $761 million, a 3.6% increase year-over-year.
Coway’s Seoul-based R&D center, the Environmental Technology Research Institute, has received accreditation from TÜV SÜD Korea as a designated laboratory. Coway’s facility underwent a thorough inspection of its test environment, equipment, capabilities, processes and more to receive this certification.
Coway has been named a CES 2023 Innovation Awards Honoree by the Consumer Technology Association. This annual competition recognizes groundbreaking technology from around the world and reviews products for their innovation, engineering, functionality, aesthetics and design.
Coway Co. announced the launch of BEREX, its new sleep and wellness line. Combining the words “bed” and “relax,” the new brand name expresses the company’s belief that sleep and rest are basic human necessities as important as water and breathing.