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Hankook Tire: Ten Years In China

03-12-2007

Hankook Tire, one of the fastest growing tire manufactures in the world, entered in Chinese market with ten years in 2007. It is sustaining the top position in China's market, which has helped Hankook Tire to build a solid foundation for ranking the 7th in the global market. Hankook Tire has maintained its growth with a comparatively modest and down-to-earth attitude. It established two factories in Jiaxing, Zhejiang Province and Huai'an Jiangsu Province successively, expanding its China production capacity to 28 million units annually.

In 1998, Hankook established its China Technical Center. After the grand expansion in 2006, currently it is composed of 110 researchers and over 70 pieces of high-tech equipment, as one of the company's five global R&D centers. Hankook is currently planning to build a 3 million square meter tire testing ground for the R&D center. China has already become Hankook Tire's most important overseas market; now, Hankook Tire China is taking increasing shares in the company's global business. Hankook Tire not only is a leading supplier of tires for cars, but also for buses and trucks. Hankook's TBR products, which are designed and produced to adapt to harsh road conditions and cargo weight, have received high praise from automakers. Hankook Tire was the sole tire manufacturer named by Xiamen Golden Dragon Tourist Bus as an "Excellent Supplier".

Ten-years road brings ten years rapid development. How about the next decade of Hankook Markets will give the answers.

 

Editor Frederick Wei from Chinabuses.com

 


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