In 1998, Woongjin Coway introduced the CODY system, which provides a differentiated business model in combination with rental service. We have established a business structure to allow consumers to rent environmental home appliances without the burden of paying initial purchase cost and continuously maintain the product value through regular care service. Based on this structure, we have secured 7.2 million customer accounts at home and abroad and created stable cash flow with an engine for sustainable growth.

By expanding the value of care, which is the key capability of Woongjin Coway, we strive to provide water care, air care, body care, sleep care and home care products to help customers to enjoy every daily environment, including air, water and sleep, with security.

In addition, we combined IoT technology with the care service and developed new customized solution IoCare(Internet of Care) to connect our essential business with Fourth Industrial Revolution technologies and develop new services as an engine for future growth. With the unique DNA for differentiated innovation, we constantly endeavor to create sustainable value for stakeholders and distribute values.

Woongjin Coway’s products and services ultimately aim to create the value for making environment healthy and people happy. In particular, we input economic, social and environmental values from the perspective of sustainability management in the entire supply chain from material and part supply to product sales to achieve happy customers and healthy environment and output social values.