
Coway announced that it will be holding a promotion that will provide a discount of 10,000 won or half price per month for 3 to 12 months depending on the contract period for new rentals of major environmental home appliances such as water purifiers, air purifiers, and bidets until the end of this month.
AI-generated summary
Coway operates products such as water purifiers, air purifiers, and bidets as its main products in the environmental home appliance rental market, and periodically conducts discount promotions to retain customers.
Applies for 3 to 12 months depending on the contract period... Some water purifiers have half price discount on rental fees.
(Seoul = Yonhap News) Reporter Koo Jeong-mo = Coway [021240] announced on the 20th that it will hold a rental discount event where major environmental home appliances such as water purifiers, air purifiers, and bidets can be used for 10,000 won per month for up to 12 months until the end of this month.
The event targets all water purifier products, including 'Icon Water Purifier 2' and 'Icon Water Purifier 3', as well as air purifiers and Lulu bidets.
If you newly rent the product during the event period, a monthly rental fee of 10,000 won will be applied depending on the contract period: 3 months for a 3-year contract, 6 months for a 5-year contract, 9 months for a 6-year contract, and 12 months for a 7-year contract.
Coway is also holding a discount event that reduces rental fees by half for some water purifier products.
Depending on the contract period, the 'Icon Pro Water Purifier' and 'Icon Ice Water Purifier' series offer a 50% discount on rental fees for up to 12 months, and the stand-type water purifiers 'Water Stand Plus' and 'Water Stand 2' offer a 50% discount on rental fees for up to 9 months.
If you receive a new Coway affiliated card and automatically transfer the rental fee, you can receive benefits of up to 40,000 won per month, such as billing discounts and cashback, depending on the card company and the previous month's usage performance.
A Coway official said, "We have prepared a special promotion so that more customers can experience environmental home appliances that they use every day, such as water purifiers, air purifiers, and bidets, without burden. As we have strengthened the actual benefits with intuitive price discounts, we hope that more customers will be able to enjoy a clean and convenient daily life through this opportunity."

South Korea's finance minister announced plans to help build a global 'artificial intelligence basic society' through cooperation with six multilateral development banks, including the World Bank, to establish an AI hub in Seoul ensuring no country is left behind in AI transformation.

Seoul stocks declined sharply on Tuesday morning as worries over AI value chain investments sparked a sell-off in major chip shares, with the KOSPI falling 2.36% to 5,631.95 by 11:20 a.m. Samsung Electronics and SK hynix led the drop, while the Korean won strengthened slightly against the dollar.

A survey by the Korea Financial Investment Association shows 93% of bond market managers expect the Bank of Korea to keep its policy rate unchanged at its upcoming Thursday meeting, citing the need to assess the impact of two consecutive rate hikes in July and August. The bond market survey index rose to 99.1 for November, indicating slightly improved but still pessimistic outlook.

LS Eco Energy announced that it recorded sales of 351.5 billion won, operating profit of 22.2 billion won, and net profit of 14 billion won in the third quarter of this year on a consolidated basis. This is an increase of 51.0% in sales and 50.2% in operating profit compared to the same period last year, and both sales and operating profit are the highest ever in the third quarter. Growth was driven by the expansion of exports of power cables and bus ducts to Europe and North America, and bus ducts increased two to three times compared to the same period last year, thanks to investment in data centers and expansion of high-rise building construction by global big tech companies, especially in Malaysia and Indonesia. LS Eco Energy plans to build a large-capacity bus duct production facility at LSCV in Ho Chi Minh, Vietnam and begin mass production in the second half of 2027 to expand orders from global big tech and strengthen profitability. In addition, in the rare earth metal business, LSCV began building a samarium metal production facility for defense industry last month and plans to begin mass production within the year.

Celltrion ranked first in Japan with Remsima market share of 48%, and announced that its flagship products have high market shares in Asian countries such as Singapore, Hong Kong, Thailand, and Malaysia. In Central and South America, the company secured a high market share in Brazil and Costa Rica, emphasizing its business growth strategy by expanding its global direct sales infrastructure.

South Korean shares opened lower on Tuesday, with the KOSPI falling 0.6% to 5,733.57 as investors cashed in recent gains amid concerns over AI-related investments, despite overnight gains on Wall Street where tech stocks rebounded from weekly lows.