Hyundai Movex wins 72 billion won logistics automation supply deal with Kumho Tire
Bitget2026/09/30 01:30- Hyundai Movex won a KRW 72 billion order from Kumho Tire to supply logistics automation modules, robotics.
- Work targets Kumho Tire’s new plant site in Hampyeong County, South Jeolla Province.
- Contract runs from Sept. 29, 2026 to Oct. 31, 2028.
- Deal equals 18.28% of Hyundai Movex’s 2025 consolidated revenue.
- Payment structure includes a 20% advance, with the balance tied to production, delivery, commissioning, acceptance milestones.
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