Kumho Tire’s labor union has urged Doublestar, the largest shareholder of the Korean tire company, to normalize the company's plant in China."At the Future Committee, the company’s management and labor will discuss the normalization of Kumho Tire's plant in China," the labor union said on Ma
Korean tire manufacturers are working on high-tech and innovative products in step with the fast-changing car market.For example, Kumho Tire is developing plastic tires for launching within this year. Tires to which special plastic materials are applied do not become flat and, as such, are regarded
Korea Development Bank (KDB) is struggling with restructuring of big ailing corporations put under its care.For example, KDB should determine within this month whether to invest US$375 million in GM Korea. Under a normalization plan, GM Korea is supposed to receive US$750 million in investment from
Kumho Tire will become the first Korean tire manufacturer to export its tire manufacturing technology to an overseas company.Kumho Tire announced on September 27 that the company signed a contract to export its tire manufacturing technology to Pakistan’s Century Corporation at its headquarters in Se