Automotive

Hankook Tire

Company Profile Analysis

Hankook Tire - Automotive showcase

Year Founded & Workforce

1940-12-31

22,000 Employees

Industry

AutomotiveB2BB2C

Services

H

Hankook Tire Overview

Company Headquarters: Seoul, South Korea

Workforce: ~22,000

Founded: 1941

Company Working: Hankook Tire manufactures and sells tires, worldwide, through its four-regional headquarters, multiple offices that are present across 30 countries, and five research and development centers that are located in South Korea, the US, Germany, China, and Japan. The company has eight production facilities- two in South Korea, three in China, and one each in the US, Hungary, and Indonesia. As of 2017, these production facilities have a total production capacity of 104 million units. It sells tires for passenger cars, SUVs, light trucks, heavy trucks, and buses through four of its brand names, which are Hankook, Laufenn, Aurora, and Kingstar.

Hankook Tire is focusing on its tire business to improve its share in the global tire market and to achieve global leadership through a digitalization strategy and improved supply chain efficiency. It is planning to reinforce processes throughout its production, distribution, and sales areas to establish a corporate culture of voluntary engagement based on work integrity.

The major subsidiaries of the company include Jiangsu Hankook Tire Co., Ltd, PT Hankook Tire Indonesia, Hankook Tire U.K. Ltd, Hankook Tire Canada Corp., Hankook Tire Australia Pty. Ltd, and Hankook Tire Malaysia Sdn. Bhd.

Company Snapshot

$5,682.53M

Revenue

22,000

Employees

1940-12-31

Founded

Seoul, South Korea

Headquarters

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Hankook Tire as part of our ongoing coverage of the Automotive sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hankook Tire

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