Korea Joongang Daily
Korea JoongAng Daily

Hankook Tire finalizes $892M buy-up of Hanon Systems shares

Hankook Tire and Technology signed a sales purchase agreement with a private equity firm to acquire a 23 percent stake in Hanon Systems, the world's second-largest automotive thermal management supplier, for 1.23 trillion won.

2024-11-01

Hankook Tire to take over Hanon Systems for $2B

Hankook Tire and Technology is spending another 1.73 trillion won ($1.3 billion) to take over Hanon Systems, the world's second-largest automotive thermal management supplier.

2024-05-03

MBK raises bid to acquire Hankook Tire as family feud heats up

The latest move from MBK Partners came after Cho Yang-rai, honorary chairman and the patriarch of the family, weighed in on the dispute, siding with his younger son.

2023-12-17

Hankook Tire family feud escalates as brothers wrestle for control

Another sibling feud broke out at Hankook & Company as Cho Hyun-sik, an older brother of the company's Chairman Cho Hyun-bum, attempts to become the tire giant's largest shareholder.

2023-12-06

Hankook Tire to supply tires to BYD's electric truck

Hankook Tire and Technology will supply its EV-dedicated tires to BYD's 1-ton truck T4K, the Chinese brand's first electric truck for Korea.

2023-09-14

Hankook Tire chairman indicted for alleged unfair trading

Prosecutors indicted Hankook Tire and Technology Chairman Cho Hyun-bum without detention on Friday for breach of trust.

2023-07-21

Lee Joo-mi wins first KLPGA title at Mediheal Championship

Lee Joo-mi won the KLPGA Mediheal & Hankook Ilbo Championship at Ferrum Club in Yeoju, Gyeonggi on Sunday, beating inaugural champion Park Ji-young to take her first ever title.

2023-04-16

KLPGA golfers look for early win at Mediheal Championship

The Mediheal & Hankook Ilbo Championship, the second KLPGA event of the 2023 Tour, tees off at Ferrum Club in Yeoju, Gyeonggi on Thursday, with 120 golfers looking to take a win in the early days of the season.

2023-04-12

Hankook Tire and Technology chairman indicted on several charges

Prosecutors indicted Hankook Tire and Technology Chairman Cho Hyun-bum on Monday on several charges including illegal inter-affiliate deals, embezzlement and breach of trust.

2023-03-27

Hankook Tire dominates EV market

Hankook Tire and Technology has taken the top spot in the tire market for electric vehicles (EV).

2023-03-23