Kumho has a similar background and business ambition as Hankook and the two companies have been neck and neck for most of their existence without one clearly outpacing the other. Growth has been based on exports, particularly to developing nations but Kumho, too, has recognized that it needs manufacturing facilities in its key markets and it now has plants in China and Vietnam and is building a plant in the USA. It already has technical centres in both Europe and the USA. However, the financial problems of its parent company have sharply constrained the company's own ambitions.
Overview
A summary of the business activity of the company and how it has got to where it is today.
Production
What the company produces and where the products are made worldwide.
Marketing
Sales details and current marketing strategy.
Financial
Key operating statistics and ratios for the last three years.
Technical developments
A review of R&D expenditure and recent innovations and product launches.
Strategy
The company strategy derived from official statements and external observations.
Future Prospects
An assessment of the recent achievements of the company and a view of its likely prospects, taking into account its financial strength, R&D activity and marketing strategy.
This report is in preparation and will be available in 2011.
Kumho has a similar background and business ambition as Hankook and the two companies have been neck and neck for most of their existence without one clearly outpacing the other. Growth has been based on exports, particularly to developing nations but Kumho, too, has recognized that it needs manufacturing facilities in its key markets and it now has plants in China and Vietnam and is building a plant in the USA. It already has technical centres in both Europe and the USA. However, the financial problems of its parent company have sharply constrained the company's own ambitions.
Overview
A summary of the business activity of the company and how it has got to where it is today.
Production
What the company produces and where the products are made worldwide.
Marketing
Sales details and current marketing strategy.
Financial
Key operating statistics and ratios for the last three years.
Technical developments
A review of R&D expenditure and recent innovations and product launches.
Strategy
The company strategy derived from official statements and external observations.
Future Prospects
An assessment of the recent achievements of the company and a view of its likely prospects, taking into account its financial strength, R&D activity and marketing strategy.
This report is in preparation and will be available in 2011.