Coway stock launches a wearable robot as revenue rises 14.6 percent

Published on 10/07/2026 at 02:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coway stock was last at KRW 100,800 on October 6, 2026, below its KRW 109,200 52-week high. Q2 operating profit reached KRW 253 billion.

Coway, KR7021240007, Illustration mit AI erstellt.

Coway stock (ISIN KR7021240007) was last at KRW 100,800 on the Korea Exchange on October 6, 2026 at 3:30 p.m. KST, down 0.79 percent on the session. The company has added a wearable robotics product to its rental portfolio, giving investors a new growth angle alongside its established home appliance business.

A 1.6-kilogram rental launch

As Asia Business Daily reported on October 2, 2026, Coway launched a wearable walking assistance robot and began offering it through rental services.

The device weighs 1.6 kilograms, uses a waist-mounted body with leg straps and offers seven customized modes for walking, slopes, stairs, balance and light jogging. Its dedicated application analyzes stride length and speed in real time, adding data-based support to a product category that is new for Coway.

Q2 revenue reaches KRW 1.44 trillion

According to ATS View, Coway generated KRW 1.44 trillion of revenue in Q2 2026, up 14.6 percent from the same quarter a year earlier. Operating profit reached KRW 253 billion, equal to a 17.6 percent operating margin.

The comparison matters because the robot launch is arriving alongside double-digit sales growth rather than replacing a weakening core business. Coway's rental model also creates a recurring payment structure for the new product, although the launch itself does not yet disclose a contribution to revenue or profit.

Stock sits below its yearly high

The October 6 price was KRW 8,400 below Coway's 52-week high of KRW 109,200 and KRW 32,000 above the 52-week low of KRW 68,800. Its market capitalization was KRW 7.1 trillion, while trading volume reached 221,302 shares on the same session.

For investors, the key question is whether Coway can scale robotics through the same rental channels that support its purifier, air-care and mattress businesses. The next scheduled earnings release is listed for November 9, 2026, according to Stockopedia.