Hankook Tire is the premium Korean brand for tires and is currently the world's 7th largest tire manufacturer.

Groupe Michelin partnered Hankook and recently raised its stake to 8.9%. The partnership includes cooperation in research & development, manufacturing and distribution. For the OEM market, Hankook supplies tires to car manufacturing companies such as Audi, Volvo, VolksWagen and Mitsubishi.