KONE Corporation (KONE) is a global leader in the elevator and escalator industry, focusing on making people's journeys safe, convenient, and reliable with smart and sustainable people flow solutions. The company serves builders, building owners, facility managers, developers, architects, authorities, and consultants. KONE's business portfolio includes a wide range of innovative products and services. The company serves various building segments and is involved in solutions for greener buildings and cybersecurity in digital solutions.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

KONE R&D activities focus on developing smart and sustainable solutions that adapt to future needs. The company emphasizes built-in connectivity in its newest elevator models, making them a digital platform for various services and new business models. KONE supports its customers in achieving eco-efficiency goals throughout the building lifecycle and develops partnerships to enhance customer-focused solutions. In 2024, the company introduced several new products and enhancements, including updates to its Modernization offering, the launch of the KONE High-Rise MiniSpace DX product family, and improvements in the cost-competitiveness of its low-rise residential market offerings. The company also received numerous sustainable product certifications in the Asian market. KONE operates seven global R&D centers across Asia, the Americas, and Europe. These centers are responsible for developing and testing new technologies and solutions. The Hyvinkaa testing laboratory in Finland is the company's largest R&D site, focusing on high-rise elevator testing. The facility in Allen, Texas, features a test tower for elevator shafts. Kunshan Park in China serves as the largest production and R&D base. The technology center in Chennai, India, includes a state-of-the-art test tower. Additional R&D sites in Pero, Italy, and Torreon, Mexico, strengthen the company's ability to develop and manufacture solutions for local markets. KONE Corp has seven global R&D centers. the company has 3000 patents. In FY2024, KONE research and development expenditure totaled EUR203.6 million, representing 1.8% of sales.