Designed
To Be Smart In
Every Way
CEO MESSAGE
What SCHAFFENGOTT envisions
as smart city is its technology benefiting everyone,
regardless of their nationality, social status, or income, to feel safe everywhere.
SCHAFFENGOTT, meaning "God of Creation,"
will continue to embrace the entrepreneurial spirit and strive to compete,
keeping in mind the challenge we envisioned for the future a decade ago.
We aim to inspire and drive positive changes in people's lives.
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MANU-
FACTURING -
ICT
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ARTIFICIAL
INTELLIGENCE -
CHEMICALS
SCHAFFENGOTT, meaning "God of Creation," is an Insurtech company equipped with extensive manufacturing expertise, IoT device design technology, and AI algorithms that innovate and transform reality. Our commitment to innovation is rooted in our deep concern for those who are deprived of the "basic right" of safety and our dedication to enhancing the value of their emotions and environment through beautifully designed products.
For us, "smart city technology" means ensuring that everyone, regardless of their socioeconomic status, can benefit from smart city advancements. Although we are inherently a profit-driven "business" with a greater focus on financial gains than social value, we aspire to contribute to the prosperity of society's members by achieving growth through challenges and innovations.
Innovation should guarantee improvement and be accompanied by beauty to amplify its impact across industries. While technology advances and changes rapidly, many people still do not have access to digital devices or the benefits of smart technology. We will concentrate our efforts to align with the United Nations' Sustainable Development Goals (SDGs), particularly in protecting life and the environment by giving positive influences on the creation of safe smart cities, resilient social infrastructure, sustainable housing stability, and infrastructure development.
CEO, SCHAFFENGOTT Co., Ltd.Kwon Ik Hwan
Profile of the CEO
On May 1, 2012, a young entrepreneur with a liberal arts background and no understanding of technology started a business with a capital of 10 million KRW in an empty space on the third floor of a run-down squid restaurant on the outskirts of Busan, South Korea.
There were times of overwhelming debt, capital erosion, and lack of business viability that led to a downfall. However, driven by the determination to see the end of the challenge, the entrepreneur traveled to Silicon Valley, living and sleeping in a camping car, and utilizing the free Wi-Fi at Stanford University's sports field. It was during this time that the TRITONA series was conceived.
Despite the lack of funds and technical knowledge, the entrepreneur's unwavering dedication to translating thoughts into reality through a different perspective and practical actions embodies SCHAFFENGOTT's entrepreneurial spirit.