The 2015-launched Hankook Winter i*cept RS² is still delivering strong performances in comparative tyre tests, such as its ‘good’ rating in Auto Bild’s winter 2021 evaluation, but a successor tyre is already available – in Korea, at least. Hankook Tire & Technology is launching the Winter i*cept RS³ in its domestic market today.
Hankook Tire is collaborating with Korean footwear brand Yase to launch a range of eco-friendly shoes made using recycled tyres. This ‘Zero – Leave Nothing Behind’ project offers those still too young to drive the opportunity to get to know Hankook Tire – the tyre maker expects the products will “resonate with customers who are early adopters and are conscious about the environment.”
A ceremony was held at Nexen Tire’s R&D centre in Seoul yesterday to mark the official debut of the N’Fera Racing Team. Several of the South Korean tyre maker’s top executives attended the event, including chief executive officer Travis (Ho-chan) Kang, as well as Hwang Doyun, the team’s first driver.
Kumho Tire says it intends to respond more quickly to changes in the mobility sector by transforming its tyre development process. The tyre maker refers to its plans as a “digital transformation” and says it will create a “twin” of the tyres it develops in order to cut lead times. Through the use of big data and artificial intelligence, this digital twin will be able to predict the characteristics of the tyre’s compounds as well as how the tyre will behave when driven.
Hankook Tire is introducing an ESG (Environment, Social, Governance) committee to strengthen its Board of Directors’ responsibility and activities in the area of sustainable management. The ESG committee will be responsible for consulting, deliberating, and recommending directions regarding environmental, social and governance businesses.
Within the next few hours, production will recommence at Hankook Tire & Technology’s Geumsan plant in South Korea following a 48-hour pause that began on 24 July after a number of workers tested positive for Covid-19. Health authorities have set up a test centre at the plant and intend to test around 3,000 employees early this week.
Hankook & Company Co., Ltd., the holding company of Hankook Tire & Technology Co., Ltd., has expanded its cooperation with the Korea Advanced Institute of Science and Technology (KAIST) through the signing of a memorandum of understanding with its College of Engineering. This latest MoU centres on the ‘Symbiotic Transformation for AI-infused Reality (STAR) Project’ and seeks to “build a data infrastructure platform and strengthen cooperation in researches for the post-AI age.” One potential outcome of this collaboration is that data will later be used in Hankook’s tyre research and development.
The United States International Trade Commission (USITC) has determined that passenger vehicle and light truck (PLT) tyres imported from Korea, Taiwan, and Thailand are being sold in the USA at prices that materially injure the local tyre industry. In addition, the U.S. Department of Commerce has determined that Vietnam’s government is subsidising PLT tyres that are then sold in the USA at “less than fair value.”
Under extensions to an agreement first signed in 2019, tyre maker Hankook and the Korea Advanced Institute of Science and Technology (KAIST) will continue and expand operations at the HK-KAIST Digital Innovation Center, which is located within the Hankook Technodome in Daejeon, Korea.
Hankook Tire will work together with Hyundai Motor and Kia to develop intelligent services for consumables management based on the three companies’ data and technologies. This collaboration will take place under a Memorandum of Understanding that the companies sealed through a virtual signing ceremony yesterday.
Cho Hyun-bum is now the sole head of Hankook & Company, the holding company that oversees Hankook Tire & Technology and seven other affiliates. Older brother Cho Hyun-sik announced his resignation as vice-chairman in a letter to shareholders yesterday
Hankook Tire has released a video that explains its work on pre-emptive road risk detection technology in collaboration with data and technology company SK Planet. The result of this joint effort is the Road Hazard Prediction & Detection Solution.
Cho Hyun-bum, chief executive of tyre maker Hankook Tire & Technology, has received a suspended prison sentence after being indicted on charges of accepting bribes and embezzling corporate funds.
Hankook Tire signed a memorandum of understanding (MOU) on 16 April with Korean fleet management service provider UB1st. The cooperative relationship between the two companies focuses on creating a new type of fleet management service by combining Hankook Tire’s offline service capabilities with vehicle data collected by UB1st’s platforms, such as UbiKhan.
Artificial intelligence (AI) and digital sensor technology is being employed to automate the inspection of freshly-manufactured tyres at Hankook Tire & Technology’s production facilities. Hankook says its automatic inspection system will improve efficiency and consistency at the final stage of product testing.
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