Kumho Tire (formerly known as Samyang Tire) is a South Korean tire manufacturer. Kumho Tire was previously operated as a business unit of the Kumho Asiana Group. Since 2018, its major shareholder has been Chinese tire conglomerate Doublestar.
Operations
An industrial conglomerate chaebol, Kumho Tire manufactures a full range of tires under the Kumho, Marshal & Zetum brands.
Kumho Tire runs three manufacturing facilities in South Korea: the Pyeongtaek Plant, the Gokseong Plant and the Gwangju Plant which includes the Kumho Research and Development center mentioned below. There are a further three plants in China: the Tianjin Plant, the Gaoxin Plant (in Nanjing) and the Changchun Plant. There is also one plant in Vietnam in the Binh Duong Province and one plant in the United States (Macon, Georgia).[2]
Kumho Tire exports tires worldwide and has a global network of sales organizations.
It has three centers for research and development, with the largest in