Cosmecca Korea Holds 26th Anniversary Ceremony... Chairman Cho Imrae: "Standing Still Means Falling Behind"
"A Golden Opportunity to Set Global Standards"... Emphasizing AI-Based Manufacturing Innovation
Unveiling the 'Intelligent Beauty Factory' with AI and Five Future Strategies
On May 13, Cosmecca Korea announced its vision to strengthen global competitiveness through artificial intelligence (AI)-based manufacturing innovation in celebration of its 26th anniversary.
On May 12, Cosmecca Korea held a founding anniversary ceremony at its Central Research Institute in Pangyo, Gyeonggi Province, where it shared its 'Five Future Strategies' for responding to rapidly changing global markets.
The five core strategies presented by Cosmecca Korea are: ▲harmonizing quality and innovation ▲realizing AX (AI transformation) that goes beyond DX (digital transformation) ▲proactive creation of customer value ▲sustainable ESG management ▲and building a One Team culture.
In his commemorative address, Chairman Cho Imrae stated, "Cosmecca Korea has grown in the global K-beauty market based on a philosophy of quality and customer-centricity," adding, "It is now time for us to leap forward as a company that sets global standards."
In particular, the company is accelerating the establishment of an 'Intelligent Beauty Factory' utilizing AI. Cosmecca Korea plans to enhance production efficiency and quality competitiveness by implementing a manufacturing system in which AI proposes optimal formulations and predicts quality issues in advance, based on production and R&D data.
Additionally, the company intends to strengthen ESG management by proactively analyzing customer demand using data and AI, and by expanding eco-friendly packaging and clean beauty solutions.
Chairman Cho noted, "Change is daunting, but standing still means falling behind. If the past 26 years have proven our capabilities, the future will be a time to showcase Cosmecca Korea's limitless potential."
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Meanwhile, founded in 1999, Cosmecca Korea has expanded its business into global markets such as the United States and China. Last year, the company achieved record-high consolidated results, with sales of 640.9 billion won and operating profit of 83.5 billion won.
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