According to foreign reports, Kumho Tire Corp. has once again deepened its cooperation with Ukoma Rubber Co., Ltd. and plans to expand the supply of original accessory parts.
Kumho and Ukoma again deepen cooperation or expand OE supply
The two companies have already started cooperation in 2013. In May 2014, the two sides formed alliances in the technology field and promised to share and use the R&D, process and production technologies including the original technologies owned by the two companies to increase the number of tires in the world. Competitiveness in the market.
The latest focus of this cooperation is on the supply of original equipment parts. The two sides will discuss the scale, quantity, and timing of supply. The cooperation agreement is expected to take effect this year.
According to South Korean media reports, Kumho Tire hopes that this cooperation will help it make full use of the capacity of Chinese factories. Because the United States imposes anti-dumping tariffs on Chinese-made tires, the capacity utilization rate of its Chinese factories is at a relatively low level.
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