From Yahoo Finance: 2025-05-20 05:40:00

A fire at Kumho Tire Company Ltd’s Gwangju plant has halted operations, affecting deliveries to automakers. The blaze destroyed 60% of production lines, leading to a likely revenue target revision. The plant accounted for 20% of the company’s global capacity, with plans to build a new plant in Europe for German automakers.



Read more at Yahoo Finance: Kumho tyre plant in Gwangju destroyed by fire