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In the company's early years, even before
a factory was built, an Environmental Technology Research Center was established to engage in research and product and technology development. |
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Research and development innovation at Coway is focused primarily on delivering improved consumer convenience rather than improved profit for the company. In other words, our R&D is founded on consumer-centric system that exhaustively identifies and discovers consumer needs in product development. As of the end of 2008, total 253 R&D personnel concentrate on R&D at the R&D institute of Coway. Last year Coway applied for total 303 patents and registered 101 patents. |
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In February 2008, Woongjin Coway completed construction of the 'Woongjin Coway R&D Center'. The R&D Center with 6 stories above ground, 2 stories below and 131,404sqft in floor space is located within Seoul National University's research district. It was constructed with environmental materials, EcoFocus method that harmonizes the images of tree forest and water, and in an Open-Forest concept using natural lighting and space. Total of $48 million was invested for the R&D Center, which is equipped with 182 cutting-edge devices such as high-tech research facilities.
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