Coway Co., Ltd. was honored with a Red Dot Design Award 2025 for the 19th consecutive time. The awards judging panel stated that Coway was selected as an award-winner because of products that exhibited minimalist design, had the ability to complement interior décor and hosted user-centric features. This year, Coway’s award-winning products included: “This award reflects […]

At its 36th Annual General Meeting (AGM), Coway shareholders rejected a proposal by Align Partners Capital Management to introduce a cumulative voting system. Align Partners is a 25% shareholder and has been outspoken in recent months about its ideas for strengthening governance within the company.

Coway Co., Ltd. was honored by the International Forum (iF) Design Award 2025 in the Product Design category for its sophisticated design and innovative air purification technologies.

Coway announced its financial results for the fourth quarter and full year 2024. Fourth quarter revenue increased 12.1% year-over-year to $779 million with an operating profit of $127 million, a 10.4% year-over-year improvement.

Coway Co., Ltd. has announced the expansion of its shareholder return policy, reinforcing its commitment to enhancing shareholder value and long-term, sustainable financial growth.

Coway was named to the Dow Jones Sustainability Asia Pacific Index for the 12th consecutive year. This list prioritizes environmental, social and governance performance of companies as a way to help investors make sustainability-informed choices.

Coway announced its third quarter financial results for 2024. Third quarter revenue reached $788 million with an operating profit of $148 million. Year-to-date revenue for 2024 now totals $2.28 billion, a 7.5% year-over-year gain, with an operating profit of $438 million.

Coway Co., Ltd. was honored by the Industrial Designers Society of America (IDSA) at the International Design Excellence Awards (IDEA) 2024 event, a gathering that celebrates design excellence and honors products and companies pushing the boundaries of innovation in order to enhance everyday life. Coway has been honored by the IDEA Design Awards for 15 […]

Coway Co., Ltd. announced the results of its Environmental, Social and Governance (ESG) initiatives in its recent Coway Sustainability Report for FY 2023.

Coway Co., Ltd. announced its financial results for the second quarter of 2024, reporting a 7% increase in total revenue from the previous year’s quarter. Second quarter 2024 revenue reached $789 million with a gross profit of $154 million.

Coway’s Seoul-based Research & Development Center, the Environmental Technology Research Institute, attained the top rating in the US ERA’s proficiency testing across all drinking water evaluation categories, including the highest rating in the Water Supply for Drinking Water Proficiency Testing.

Coway announced that it has received halal certification for five of its water purifier models in Indonesia. This certification, issued by the Halal Product Guarantee Management Agency (BPJPH), assures consumers that the purifiers meet Islamic guidelines for permissible products.