Hankook Tire Malaysia on MalaysiaBizAdvisory

Korea’s First, Best, and Largest Tire Manufacturer

Hankook Tire’s history is the history of Korea’s tire industry. Ever since it launched in 1941 as Korea’s very first tire manufacturer it has paved the way for domestic tire companies for seventy long years. In 2010, Hankook Tire was the largest automobile tire manufacturer with a sales volume ranking as first in the Korean market. No. 7 in sales for five consecutive years on the international level.

Hankook Tire Malaysia

In January 2011 US magazine Modern Tire Dealer conducted a survey on tire manufacturer sales in 2010. Hankook Tire came in seventh place on the chart for five consecutive years from 2006 to 2010. Hankook Tire has increased its overall sales by an average of 13.9% per annum for the last ten years. This proves the company’s potential in the future. Over 80% of Hankook Tire’s sales are derived from overseas markets. There are four local headquarters and twenty-seven local branches throughout the world. Each office serves as a connecting point in Hankook Tire’s global network. Now we export quality tires to over 180 countries. Hankook Tire’s growth is based on cutting edge technology and an international manufacturing system. Powered by five R&D centers and five major tire manufacturing plants in three countries Hankook Tire quickly delivers the tires that fulfill our clients’ needs. With new plants under construction in China and Indonesia, we are determined to keep our place as a “Leading Global Tire Company.” For more information on Hankook Tire, please log on to www.global.hankooktire.com

Hankook Tire

With Malaysia aggressive investment policies welcoming foreigners and liberalisation of 100% foreign-owned, hence, Hankook Tire Malaysia Sdn Bhd incorporated Malaysian Private Limited (Sdn Bhd) for it presence in Malaysia as the importer with plan of further investment of millions ringgit by setting up shipping and warehouse logistics efficient system, and build Hankook Tire branding to assist existing Hankook Tire’s local wholesalers and retailers. There will also be an allocation of a huge budget of advertising and promoting to host various Hankook Tire racing events, billboards and media solely focus to greater market penetration to bring profitable of local partners.
Hankook Tire Malaysia on MalaysiaBizAdvisoryHankook Tire Malaysia on MalaysiaBizAdvisoryHankook Tire Malaysia on MalaysiaBizAdvisory
We would like to extend our appreciation to Ministry of Domestic Trade Consumerism and Co-operative Malaysia for granted Hankook Tire Malaysia the Wholesale, Retail Trade (WRT) License and also the support of Malaysia Immigration Department (DP10 Expatriate Visa Division) for approving their Korean expatriates’ to work in the company.  Most of all, we would like to thank Hankook Tire Malaysia for selecting us their service provider.
We wish Hankook Tire Malaysia presence in Malaysia a fruitful venture!
Hankook Tire Malaysia on MalaysiaBizAdvisory