Aug
- Change of CEO (Kyu-young Lee)
- Change of company name (Innocostec)
- Incorporated as a subsidiary of KODI
Jan
- Automatic assembly facility and line expansion (8 assembling machines, assembly line, 2001~2016
ISO9001 certified KOITA Design
- development team exclusive department certification KOITA
May
- Certified as a technologically innovative small and medium enterprise (INNO-BIZ)
- Certified as a dedicated R&D department KOITA
Feb
- Completion of office Converted to Shinhwan Costec Co., Ltd.
- Over 10% investment in ODM production and R&D sales
Sept
- Started Shinhwan Costec plastic
- manufacturing business (Seongdong-gu, Seoul)
