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October 13, 2014

B.O.B. blog: Hankook knows how to say thanks

Did you know that no peace treaty was signed following the end of the Korean War? That means it technically remains an on ongoing conflict.

Tags: Clarksville, Seung Hwa Suh, Tire plant

April 30, 2014

Hankook’s sales dip in first quarter

Hankook Tire Co. Ltd. recorded consolidated sales of 1.67 trillion won for its first quarter ending March 31, 2014. That compares to sales of 1.68 trillion won for the same period last year.

Tags: Hankook Tire Co. Ltd. financials, Seung Hwa Suh

January 28, 2014

Hankook posts record global sales in 2013

Hankook Tire Co. Ltd. posted record net sales of nearly 7.1 trillion won, which was 20 billion won more than in fiscal 2012.

Tags: Hankook financials, OE tires, Plants, Seung Hwa Suh

October 17, 2013

Hankook pushes for OE

Hankook Tire Co. Ltd. has been very aggressive in securing original equipment fitments in recent years, and held a major press conference Sept. 2, 2013, in Seoul, South Korea, to announce its latest fitments.

Tags: Airless Tires, Concept tires, Hankook, Hankook Tire Co. Ltd., Hyum Bum CHo, OE tires, Seung Hwa Suh, Tire plants

September 2, 2013

OE push: Hankook supplies Mercedes-Benz, BMW, Toyota and Nissan

Hankook Tire Co. Ltd. has been chosen by Daimler AG as the original equipment supplier for the new Mercedes-Benz S-Class, which will initially be fitted with Hankook Tire Ventus Prime² tires in size 245/55 R 17 102 W.

Tags: Hankook Ventus, Mercedes-Benz S-Class, OE tires, Seung Hwa Suh

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May 31, 2013

Hankook to expand plant in Hungary

Hankook Tire Co. Ltd. has announced a $405 million expansion to its European production facility in Racalmas, Hungary. It will be the third expansion of the plant. Upon completion, Hankook’s investments in Hungary will total more than $1.14 billion.

Tags: European production facility, Hankook, Hungary, Seung Hwa Suh

February 4, 2013

Hankook ups fiscal year sales by 13.7%

Hankook Tire Co. Ltd. posted net sales of 7 trillion won for its fiscal year ended Dec. 31, 2012. That compares to sales of nearly 6.5 trillion won for 2011.

Tags: Byeong Jin Lee, Hankook financials, Seung Hwa Suh, UHP Tires

July 31, 2012

Hankook's 2Q sales increase 18.5%

Hankook Tire Co. Ltd. posted net sales of more than 1.8 trillion won for the second quarter ended June 30, 2012. That compares to sales of more than 1.5 trillion won for the same period in 2012.

Tags: Hankook financials, OE tires, Seung Hwa Suh, UHP Tires

July 27, 2011

Hankook Tire reports record sales in Q2 2011

Hankook Tire Co. Ltd. announced that its second quarter global consolidated sales were 1.58 trillion Korean Won (KRW), recording a 21% year-on-year (YoY) increase. The company’s second quarter operating profit recorded KRW 110.7 billion.

Tags: Hankook 70th Anniversary, Hankook financials, Seung Hwa Suh

March 18, 2011

Hankook Tire building new Korean R&D center

Hankook Tire is establishing a new R&D center in the Korean city of Daejeon. The company says it will be the largest tire R&D facility in the country.

Tags: Hankook financials, Seung Hwa Suh

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