Ginhu tyres, a subsidiary of one of korea's eight major groups, has a history of development for over 50 years since the 1960s. Lake jin tyres is a globalized tyre company, ranked 11th among the world's tire companies in 2011. There are eight major factories worldwide - three in korea, four in china, one in viet nam and another in the united states. There are also four technology research and development centres around the world, located in guangzhou, korea, tianjin, china, akron, united states, and birmingham, united kingdom. As of 2013, around 65 million tyres were produced each year in lake jin and tyre products were exported to more than 220 countries and regions. As a well-known producer of tyres that have been in the chinese market for almost 20 years, china has set up nanjing plant as early as 1994, in addition to its radioactive shanghai marketing headquarters, and completed the construction of nanjing phase ii plant in 2005. In addition, since the establishment of the tianj...