Hankook Tire & Technology Co Ltd - Company Profile
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Hankook Tire & Technology Co Ltd (Hankook Tire), formerly Hankook Tire Co Ltd, is a tire manufacturing company, which produces, recycles, processes, and markets tires, tubes, and automotive parts. Its product portfolio comprises passenger car radial tires, light truck radial tires, ultra-high-performance tires, competition tires and trucks, and bus radial tires. In addition, the company offers maintenance and repair services such as installation, tire change, and wheel alignment services for passenger cars, light trucks, buses, and competition cars. It has operations in North America, Europe, the Middle East and Africa, and Asia. Hankook Tire is headquartered in Seongnam, Gyeonggi-do, South Korea
Hankook Tire & Technology Co Ltd premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Products | Services | Hankook |
Tires: | Tire Care Guide | Laufenn |
Passenger Cars | Tire Registration | Kingstar |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In May, the company announced its plans for a new addition to its iON range of EV-oriented tires for electric buses. |
2024 | Contracts/Agreements | In May, the company signed an agreement to acquire an additional 25% stake in Hanon Systems. |
2024 | Contracts/Agreements | In May, the company signed an agreement to acquire shares, worth US$1 billion, in Hanon Systems Corp. from Hahn & Co. |
Competitor Comparison
Key Parameters | Hankook Tire & Technology Co Ltd | Compagnie Generale des Etablissements Michelin | The Goodyear Tire & Rubber Co | Sumitomo Rubber Industries Ltd | Apollo Tyres Ltd |
---|---|---|---|---|---|
Headquarters | South Korea | France | United States of America | Japan | India |
City | Seongnam | Clermont-Ferrand | Akron | Kobe-Shi | Gurgaon |
State/Province | - | Auvergne | Ohio | Hyogo | Haryana |
No. of Employees | 7,019 | 132,500 | 71,000 | 39,975 | 16,090 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Seongjin Kim | Chief Digital Officer | Senior Management | 2023 | - |
Hyunbum Cho | Chairman; Chairman - Hankook & Company; Chief Executive Officer - Hankook & Company | Executive Board | 2022 | - |
Jong Ho Park | Director; Chief Executive Officer - Management Support Division | Executive Board | - | - |
Bon Hee Ku | Executive Vice President; Chief Technology Officer | Senior Management | - | - |
Jeongho Park | Chief Innovation Officer; Executive Vice President; Chief Marketing Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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