Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion 
S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears 
Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO 
Asian Stocks Steady as Iran War Keeps Oil Prices and Inflation Risks Elevated 
Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar 
Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals 
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
Aviva First-Half Operating Profit Jumps 24% as Direct Line Deal Boosts Growth 
Australia’s Corporate Leaders Face Parliament Over KPMG Client Data Scandal 
Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center 
Micron Stock Upgraded to Buy as New Street Sees $2 Trillion Valuation Potential 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Add as a preferred source on Google
Hankook Tire & Technology Co. will invest 2.1 trillion won to expand its US tire manufacturing plant by early 2026 to help its global output capacity reach 106.5 million tires a year.
In the expanded US facility, the company intends to produce 12 million tires, including truck and bus radial (TBR) tires.
Hankook Tire plans to manufacture 11 million tires for passenger cars and light-duty trucks, as well as 1 million TBR tires, in the United States.
Hankook Tire, the world's sixth-largest tiremaker by sales, manufactures 5.5 million tires per year for passenger vehicles and light-duty trucks in its Tennessee plant.
More than 80 percent of Hankook Tire's total revenue is earned outside of Korea.
Hankook has eight plants, two in South Korea, one in Hungary, one in the United States, three in China, and one in Indonesia.
Their combined capacity reaches about 100 million tires per year.
