Untitled Document

Untitled Document
About Coway
Company Overview
History
Corporate Culture
MD's Greeting
Certificate & Awards
 

 

Untitled Document
 

About Coway > History



2007

 
Coway, the leading brand in personal well-being appliance, launches in the United States

Coway (CEO & President Joon Kee Hong) held its U.S launch party at the Wilshire Grand Hotel in Los Angeles on May 4, 2007. The 300 attendees included: Woongjin Group Chairman Joon Kee Hong, California State Assemblyman Mervyn M. Dymally (52nd District), Los Angeles City councilman Herb Wesson Jr. (District 10), California Board of Equalization member Michelle Park Steel, as well as many other VIPs and media guests.

Displayed at the event were 25 Coway products including 17 available models (11 water filtration systems, 2 bidets, 3 air purifiers, and a megasonic cleaning device) and others wll available in late June and early July. Coway also made donations at the launch party to Los Angeles nonprofit organizations.

Koreatown Youth Community Center (KYCC), LA Conservation Corps and Korean Health Education Information and Research Center (KHEIR) were the recipients. These donations embody our company philosophy to grow with the surrounding community and not simply pursue.


   
May : Establishes subsidiary in Los Angeles, California, USA
   
   
March : Receives reddot Design Award
   



2006

Woongjin Group conducts an enent/health vironmcampaign

 
Woongjin Group conducts an international environment/health campaign in Cambodia from Sep. 18 to 23. To the campaign participate persons of over 30, including Cambodian college students, Woongjin Group Vice-chairman Jin Lee and other officers, President of Geological Society of Korea Seok Won Choi, President of Korean Women's Environmental Network Young Suk Park, TV actor Da Hun Yun.

This group of volunteers visits an orphanage to present gifts and contributes medicines to a Korean-operated hospital in Cambodia in addition to drilling wells for residents living in poor conditions as part of Woongjin Group's campaign for environmental protection of the earth and improvement of children's welfare.

   
December :
Acquires an eco-label from Korea Eco Products Institute - air purifier (AP--2506BHO/BHH)
   
   
November : Begins construction of Filter plant (til July 2009)
   
 
Receives Korea Industry Design Awards (KIDA) - water filtration device (CHP-06DL) and five other items
   
   
October : Launches Coway Energy
   
  Sings MOU on technology cooperation with Japan's Mitsubishi Paper
   
   
September : Event for digging 1,000 wells for Cambodia
   
  Participates in Aquatech 2006, Amsterdam
   
  Signs MOU with Zepter, Poland
   
   
July : Opens Japanese subsidiary rental shop (Saimata prefecture near Tokyo)
   
 
Receives the 10th Energy Winner Award by the Consumers Korea - air purifier (AP-0805EH)
   
   
June : CEO Joon-Kee Hong inaugurated
   
  Establishes subsidiary in Beijing, China
   
   
May :
Starts construction of Research and Development Center at Seoul National University
   
  Establishes subsidiary in Kuala Lumpur, Malaysia
   
  Sponsors 2006 World Cup in Germany
   
  Receives Technology Frontier Award from Korea Standard Association (KSA) - air purifier (AP-0805EH)
   
   
April : Launches Coway Living Products Ltd.
   
 
Coway brand value ranked first in Global Brand Competency Index (GBCI) by Japan Management Consultants (JMAC) for three consecutive years (2004-2006)
   
  Receives the 1st Sustainability Management Grand Prize from Korea Research Institute for Measurement and Assessment (KRIMA)
   
   
March : Participates in 2006 World Forum for Local Governments for Sustainability (ICLEI) as the only Korean participant
   



2005

   
October : Opens the 1st Rental House
   
   
June :
Selected as one of the 30 Most Admired Korean Companies for the 2 consecutive years by IBM
   
   
May : Merger and acquisition of Coway Development Co., Ltd.
   
   
April :
Receives Technology Frontier Award - water filtration device (CPE-04BL) and digital bidet (BA-06A)
   



2004

   
November : Receives the Gold Medal for 2004 Korean Customer Satisfaction Management Awards
   
   
July :
Receives the Grand Prize in the business sector at the Environmental-Friendly Management Award
   
   
May : Technology Frontier Award, grand prize - oxygen generating air purifier (AP-1005FH)
   



2003

   
May :
Launches electronic appliances business through a merger with Doowon Tech Corp.
   
   
March :
Moves Seoul office into Naewei Bldg, Euljiro 2-ga
   
 
Selected as No.1 company in Korea Brand Power Index by Korea Management Association for 5 consecutive years in the water filtration device division
   
   
March : Attracts 1 million of rental membership for water filtration devices
   



2002

   
May :
Launches business of bathroom appliances
   
   
April :
Selected as a good New Industrial Management Company by Korea's Ministry of Labor
   
   
March : Attracts 1 million of rental membership for water filtration devices
   



2001

   
October :
Acquires CE certification from the ITS Intertek Testing Services
   
  Acquires ULC certification (Underwriters' Laboratories of Canada)
   
   
August :
Listed on the Korea Stock Exchange
   



2000

   
June :
Establishes subsidiary in Thailand
   
   
February :
Launches rental business in Thailand
   



1999

   
January :
Launches multi-functional air purifier supporting humidification and warm wind functions for the first time in the industry
   
  CE Marking (European Union) safety mark from German safety monitoring agency, TUV Bayern
   



1998

   
May :
Completion of automatic filter production factory
   
   
April :
Coway Development Co.,Ltd. starts rental business
   
   
February : CEO Yong Sun Park takes office
   



1997

   
June : Launches WJCHP-7000H household hot/cool water filtration device that adopted 3 way valve system, membrane auto cleaning function, and auto circulation function for the first time in the industry
 



1996

   
April :
Becomes the first Asian business to win NSF quality certification (National Sanitation Foundation of the U.S.)
   
 
Wins the Presidential Award at the 96 National Inventions Promotion Contest
   
 
Becomes the first Korean business to win ISO1401/DIS certification for environmental management from the TUV Bayern Group
   
   
February :
Opens the second production line at Yugu Factory
   



1995

   
March :
Wins a Gold Seal mark for the entire line of production by the WQA
   
   
February :
Acquires ISO 9001 certification from TUV Bayern Group , a quality guarantee certification group
   



1994

   
March :
Completes the construction of Yugu factory
   



1993

   
November :
Starts production and sales of WJCHO-8050, the first product adapting MICOM controller
   
   
May :
Begins the construction of Yugu factory
   
   
January : Establishes the Environmental Technology Institute
   



1992

   
October :
Produces the first Coway compact water filtration devices
   
   
April :
Changes company name to Coway Co., Ltd.
   



1991

   
November :
Exports water filtration devices to Japan
   
   
May :
Begins the production of Coway water filtration device
   



1989

   
November :
Registers as an official member of Water Quality Association (WQA)
   
   
May :
Establishes Coway Co. (Paid-in capital: KRW 300 Million)
   



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