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yokohama kumho partnership terminated

Business Operations

Yokohama Terminates Technology Agreement with Kumho Tire

The Yokohama Rubber Co., Ltd., has terminated its technology tie-ups with Kumho Tire Co., Inc., effective as of July 6, 2018.

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yokohama kumho partnership terminated

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The Yokohama Rubber Co., Ltd., has terminated its technology tie-ups with Kumho Tire Co., Inc., effective as of July 6, 2018.

Yokohama Rubber and Kumho Tire entered into a Master Technological Alliance Agreement on February 15, 2014, and entered into a Cooperative R&D Agreement as well as the License and Technology Exchange Agreement on May 31, 2014, with the goal of working together to develop the tire-related future technologies, including environmentally friendly tire technologies and new concept tires. The agreements were terminated due to the recent change in Kumho Tire’s controlling shareholders, Yokohama says.

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