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Overview

(2008 Sustainability Report 33p)

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 (18 doctorate and 84 master degrees) concentrate on R&D at the R&D institute of Woongjin Coway. Last year Woonjin Coway applied for total 303 patents and registered 101 patents.

In February 2008, Woongjin Coway completed construction of the ‘Wonngjin Coway
R&D Center’. The R&D Center with 6 stories above ground, 2 stories below and 12,208㎡ 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 KRW 58 billion was invested for the R&D Center, which is equipped with 182 cutting-edge devices such as high-tech research facilities including Environmental Analysis Center appointed by Han River Basin Environmental Office as ‘drinking water quality inspection Institution’ and certified as ‘KOLAS international testing lab for water quality’, ‘45 laboratories, a CADR(Clean Air Delivery Rate) measurement chamber, a dead room for noise Measurement, and wind tunnel measuring equipment.

Environmental Analysis Center was Established in 1993, and is contributing to meeting consumer needs and improving the Environment through research and analysis on water quality and environmental pollution. The center was able to extend its research capabities when it was designated by TUV SUD to run self-analysis and tests for RoHS(Restriction of Hazardous Substances) of electrical And electronic products. It was also certified form WQA(Water Quality Association, USA) as Recognized Testing Laboratory and is running efficiency and safety tests on water related Devices. The center also holds certifications from the government for Drinking Water Inspection Institution and Food Hygiene Inspections Institution.