1999 Received the 34th Invention Day Citation ( Minister of Commerce, Industry and Energy Award) in May
1998 Developed TV phone for kitchen use and entered the market in July Opened a corporate R&D center in June Was designated as a venture company and won the Jeongyakyong Award from the Korean Intellectual Property Office in June
1993 Changed corporation name from Pyeonghwa Electronics Factory located in Gunpo, Gyeonggi, to COSTEL Electronics Co., Ltd. in November
