COWAY

Coway, the “Best Life Solution Company”, has reached another historic milestone with the cumulative sales of over 15 million water purifiers in South Korea alone, a figure equivalent to one-third of the nation’s population. This achievement underscores the company's longstanding market leadership and is a testament to Coway’s ongoing innovation in clean water technology since the launch of its very first purifier in 1990.   To put this figure into perspective, a hypothetical lineup of 15 million of Coway’s best-selling water purifiers placed end-to-end, each being approximately 38.5 cm tall, would stretch roughly 5,800 kilometers, a distance equivalent to the height of Mount Everest if it were to be stacked 660 times over — a truly vivid illustration of the company’s scale and reach. Shaping the Market Through Disruption and Innovation Since its early days, Coway has continually been reshaping the landscape of South Korea’s home appliance market. In 1998, the company pioneered the country’s first rental-based business model for water purifiers, making clean drinking water more accessible through regular cleaning services, even during the 1997 Asian Financial Crisis. This rental business model, now widely regarded as one of the first examples of the subscription economy, helped transform the water purifier’s status from a luxury item to a household essential. (Upper) Coway Icon Water Purifier 2, (Lower) Coway Icon Ice Water Purifier   South Korea’s first self-sterilizing water purifier in 2011; a compact direct-dispensing model in 2012; the world’s first tankless water purifier, also in 2012; and a sparkling water purifier combining carbonation with purification in 2014. These milestones have cemented Coway’s role as a pioneer in redefining how people consume water at home. Premium Designs with Proven Success More recently, the introduction of the company’s Icon Water Purifier Series has further solidified Coway’s premium positioning within the market. Compact and performance-driven, the Icon Water Purifier Series has achieved over 1.6 million cumulative unit sales. (Read the full feature on the Series here .)   Coway Global Network   On the global stage, Coway's market presence is also expanding at a rapid pace. With seven overseas subsidiaries spanning Southeast Asia as well as the United States, the company has been accelerating its growth across markets the world over. In Malaysia, the company already leads the market with the No.1 share in water purifiers, and is steadily increasing its presence in such neighboring countries as Thailand, Indonesia and Vietnam. From 15 Million to the Next Trillion Coway’s 15-million-unit milestone comes hot on the heels of other strong business performance results, with the company having already surpassed KRW 4 trillion in annual revenue. With its sights set on reaching KRW 5 trillion, Coway continues to expand its portfolio, including its burgeoning sleep and wellness brand, BEREX, while remaining steadfast to its commitment to enhance the lives of consumers worldwide through innovative health and wellness solutions.  

SEOUL, South Korea, August 8, 2025 -  Coway Co., Ltd., the “Best Life Solution Company,” today reported its financial results for the second quarter of 2025.   “Our continued investment in core business areas such as R&D, marketing and digital transformation is now delivering tangible outcomes, fueling the company’s continued momentum both domestically and internationally,” said Soon Tae Kim, Coway’s Chief Financial Officer. "In the second half of the year, we aim to further reinforce our market leadership by maintaining strong sales performance, particularly through key product lines such as our ice water purifiers and the BEREX lineup of massage beds and chairs.”   Coway’s reported earnings are as follows:   - Second quarter revenue: KRW 1,258.9 billion (+16.3% YoY) - Second quarter operating profit: KRW 242.7 billion (+14.9% YoY) * The reported figures are taken from the consolidated K-IFRS (International Financial Reporting Standards) statement.   Coway has also achieved a cumulative H1 revenue of KRW 2,433.8 billion (+16.8% YoY), as well as an operating profit of KRW 454.0 billion (+12.1% YoY).   In Q2 2025, the company’s domestic revenue reached KRW 730.3 billion, up 11.4% year-on-year. This growth was driven by strong product sales and the successful launches of such new products as the Icon Pro Water Purifier and the NOBLE Dehumidifying Air Purifier. Furthermore, net rental account additions reached 160,000, underscoring the strength of Coway’s rental business model.   Up 23.7% from the same period last year, Coway’s overseas subsidiaries achieved a quarterly revenue of KRW 472.8 billion. The company’s Malaysia subsidiary contributed KRW 355.5 billion in revenue, marking a 23.9% year-on-year increase, while Coway’s United States and Thailand subsidiaries also recorded steady growth with revenues of KRW 58.1 billion (+1.0% YoY) and KRW 42.9 billion (+49.5% YoY), respectively.   For additional details about Coway's financial performance, please visit the company's  Investor Relations  page.     About Coway Co., Ltd. Established in Korea in 1989, Coway, the "Best Life Solution Company," is a leading environmental home appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company’s sleep & wellness brand, aims to improve the quality of life through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, based on the business success in Korea. In 2025, the company launched Coway Life Solution, a premium elder care platform offering personalized care solutions tailored to different life stages. For more information, please visit  http://www.coway.com/  or  http://newsroom.coway.com .

- Coway is expanding its Airmega lineup with its smallest and most affordable model to date - Quiet yet powerful, the Airmega 50 is designed for personal spaces like bedrooms and home offices SYDNEY, Australia, July 15, 2025 –  Coway, South Korea’s leading wellness tech company, has launched the Airmega 50, the most compact model in its best-selling Airmega air purifier series, to the Australian market. This latest release brings premium air purification into everyday spaces with a focus on portability, performance and peace of mind. With the decision to launch the Airmega 50 shortly after World Allergy Week 2025 (29 June – 5 July), Coway is reinforcing its commitment to helping all Australians, especially those managing asthma and seasonal allergies, improve indoor air quality. According to the Australian Institute of Health and Welfare , around 2.8 million Australians (11%) live with asthma, underscoring the growing need for effective, compact air purifiers. Recognised for its air quality expertise, four models in Coway’s Airmega series have already been certified as ‘ Sensitive Choice ’ by the National Asthma Council Australia, which identifies and highlights products that may help improve the lives of those living with asthma or allergies. Building on this legacy, the new Airmega 50 is a compact yet powerful air purification solution for bedrooms, home offices, gaming setups, and even desktops—spaces where airborne contaminants can concentrate. Despite its small size, the Airmega 50 boasts a 360° filtration system that can service rooms up to 31 m² in just one hour. Its advanced 3-stage filtration system captures 99.999% of nano-sized particles, even those as small as 0.01 microns, effectively removing fine dust, pollen and other allergens. Weighing only 1.6 kg and standing 32 cm tall, the Airmega 50 is light enough to move from room to room, offering clean air circulation wherever you need it. Key features include: Sleep Mode : Operates at a whisper-quiet 18.4 decibels—quieter than a typical library—for uninterrupted sleep or work. Smart Auto Mode: Detects real-time air quality and adjusts airflow automatically for optimal purification. Real-Time Air Quality Indicator (AQI) : A colour-coded display provides a quick view of indoor air quality. User-Centric Design : Includes a nightlight function, a child-safe control panel lock, and intuitive light control via the Lighting Mode button. Long-Lasting Filter with Indicator : Requires replacement only once every eight months, with a convenient indicator to alert users when replacement is necessary. The Airmega 50 is now available via Amazon . For more information, visit Coway’s official website . About Coway Co., Ltd. Established in Korea in 1989, Coway, the "Best Life Solution Company," is a leading environmental home appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company’s sleep & wellness brand, aims to improve the quality of life through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, based on the business success in Korea. In 2025, the company launched Coway Life Solution, a premium elder care platform offering personalized care solutions tailored to different life stages. For more information, please visit https://au.coway.com/ or http://newsroom.coway.com .