Amidst higher costs and lower demand, South Korea’s top three tyre manufacturers: Hankook Tire, Kumho Tire and Nexen Tire, have reported mixed financial performances in the third quarter. While Hankook and Kumho managed to post strong profits, Nexen struggled amid…
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Nexen Tire unveils tyre with 52% sustainable materials
South Korea’s Nexen Tire has unveiled its sustainable-material demonstration tyre composed of 52% sustainable materials as an example of the company’s activities in pursuit of sustainability. The tyre maker says its experts used current and emerging technologies to engineer a…
Nexen develops AI-based tyre prediction system
Nexen Tire says it has developed an Artificial Intelligence (AI)-based tyre performance prediction system. It will use a machine learning technology in the concept design stage to precisely and rapidly anticipate the primary performance indicators, such as fuel efficiency, noise,…
Nexen Tire develops tyre performance prediction system using AI technology
South Korean tyre maker Nexen Tire has developed an Artificial Intelligence (AI)-based tyre performance prediction system. By establishing a tyre performance prediction system using AI technology, the company explained that it will use a machine learning technology in the concept…
Nexen Tire, Plug and Play team up for tyre/mobility development
Nexen Tire has roped in Silicon Valley’s market accelerator, Plug and Play, for future technology development and business initiation in the tyre/mobility industry. The partnership will also enable Nexen Tire to realise its ‘open R&D’ philosophy through strategic collaborations and…
Nexen Tire continues official major partnership with 2017 Formula DRIFT
South Korean tyre manufacturer Nexen Tire is continuing on the second year of its Official Major Partnership with Formula DRIFT, the premier US drifting series, for the 2017 race season that will be held until October. Nexen Tire has been…
Nexen Tire signs deal with Pirelli subsidiary to boost Latin American presence
South Korean tyre manufacturer Nexen Tire has entered into a strategic partnership with Pirelli Latam Participacoes LTDA, the Brazil subsidiary of Italian multinational company Pirelli, in an effort to increase its presence and boost sales in the Latin American market.…