HS Hyosung
HS Hyosung is a South Korean publicly listed holding company operating four divisions: advanced materials (tire cords, carbon fiber, aramid, airbag fabrics), AI/data infrastructure, premium automotive dealerships, and global logistics, serving global tire manufacturers, automotive OEMs, Korean enterprises, and premium vehicle consumers.
- Company typePublic
- Founded1966
- HeadquartersSeoul, South Korea
- Headcount251–500
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What HS Hyosung does
HS Hyosung (HS HYOSUNG Corporation, KRX: 487570) is a South Korean publicly listed holding company headquartered in Seoul, established in its current form in 2024 through a restructuring of the legacy Hyosung Group (traced to Dongyang Nylon Corporation, founded 1966). The company operates four business divisions: Advanced Materials (tire cords, steel cords, bead wires, seatbelt yarns, airbag fabrics, TANSOME® carbon fiber, and ALKEX® aramid), AI/Data Solutions (enterprise storage, AI platforms, and cloud infrastructure delivered through HS Hyosung Information Systems), Mobility (multi-brand automotive dealerships covering Mercedes-Benz, Toyota, Lexus, Land Rover, and BYD commercial electric trucks), and SCM Solutions (global logistics services through HS Hyosung Transworld and its Vietnamese subsidiary).
Its core technology base sits in advanced materials, where it is the world's only comprehensive tire reinforcement manufacturer, holding World No.1 positions in tire cords (50% of global passenger car tire supply), seatbelt yarns, and airbag fabrics (via Global Safety Textiles, acquired in 2011). Proprietary assets include TANSOME® carbon fiber (first Korean commercializer of high-strength intermediate-modulus fiber), ALKEX® aramid (5x stronger than steel, flame-resistant to 400°C), GST OPW (one-piece-woven) airbag fabric patents across all production stages, and unique dual capability in producing both PET and Nylon 66 airbag yarns. The AI/Data segment bundles Hitachi iQ Studio AI orchestration (RAG + MCP on NVIDIA AI Enterprise), storage, cloud, and software-defined data center offerings, with a 2026 roadmap toward end-to-end AI agent solutions and LLMOps.
Revenue is generated through four distinct streams: long-term enterprise supply contracts for advanced materials (tire and automotive OEMs including Goodyear, Michelin, Hanwha Solutions), transactional dealership sales and service across premium automotive brands in Korea, subscription/recurring revenue from IT infrastructure and AI platform deployments to Korean enterprises, and transaction-based logistics services through a 37-country partner network. The company serves global tire manufacturers, automotive OEMs, aerospace and industrial composites customers, Korean enterprises and government IT buyers, and Korean premium vehicle consumers.
HS Hyosung firmographics
Firmographics- Name
- HS Hyosung
- Legal name
- HS HYOSUNG Corporation
- Website
- https://hshyosung.com
- Company type
- Public
- Founded year
- 1966
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- HS Hyosung is a South Korean publicly listed holding company operating four divisions: advanced materials (tire cords, carbon fiber, aramid, airbag fabrics), AI/data infrastructure, premium automotive dealerships, and global logistics, serving global tire manufacturers, automotive OEMs, Korean enterprises, and premium vehicle consumers.
- Ownership category
- akta.pro rank
Where HS Hyosung is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices9 records
Markets served
HS Hyosung business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Advanced Materials: Global materials company producing tire cords (world's largest market share), automotive seatbelt yarns (global No.1 market share), carbon fiber TANSOME®, aramid fiber ALKEX®, airbag fabrics through GST, and industrial yarns. Revenue from direct sales to tire manufacturers and automotive suppliers through long-term contracts.
- Mobility Dealerships: Premium automotive dealership operations including Mercedes-Benz (HS Hyosung The Class), Toyota, Lexus, Land Rover, and BYD commercial electric trucks. Revenue from vehicle sales, financing, after-sales service, and certified pre-owned vehicle trade-ins.
- AI/Data Solutions: IT infrastructure solutions including storage systems, AI platforms, cloud computing, and data center solutions through HS Hyosung Information Systems.
- SCM/Logistics Solutions: Supply chain management and logistics services through HS Hyosung Transworld and Vietnamese subsidiary, handling container shipping, project cargo, and third-party logistics.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | One time | Vehicle maintenance packages at HS Hyosung The Class |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels5 records
HS Hyosung product offering
Product offeringCore offering
HS Hyosung manufactures and sells advanced industrial materials—including tire cords, steel cords, TANSOME® carbon fiber, ALKEX® aramid fiber, airbag fabrics through GST, and seatbelt yarns—to global tire manufacturers and automotive suppliers. The group also sells enterprise IT/AI solutions (storage, cloud, AI platforms) via HS Hyosung Information Systems, operates multi-brand premium automotive dealerships (Mercedes-Benz, Toyota, Lexus, Land Rover, BYD) in South Korea, and provides global logistics services through HS Hyosung Transworld.
Product overview
HS Hyosung is a South Korean conglomerate operating four main business divisions: Advanced Materials (tire cords, carbon fiber TANSOME®, aramid ALKEX®, GST airbags), AI/Data Solutions (enterprise AI platforms, storage, cloud), Mobility (multi-brand vehicle dealerships), and SCM Solutions (global logistics). The company positions itself as a 'Safety & Comfort Solution Provider' in materials and a cloud/AI infrastructure specialist in technology solutions, with global production facilities across Korea, China, Vietnam, the US, and Mexico.
Differentiator
Problem solved
Functional benefit
Brands
- TANSOME®: Carbon fiber brand, the first in Korea to commercialize high-strength, intermediate-modulus carbon fiber
- ALKEX®
- MASTERIA
Products and services
- Tire Reinforcement Products Comprehensive tire reinforcement materials including PET tire cord (world's No.1 market share, supplying 50% of global passenger car tires), steel cords, and bead wires for major global tire manufacturers.
- Technical Yarn Products Industrial yarns including seatbelt yarn (No.1 global market share), PET and Nylon 66 airbag yarns, and industrial yarns for construction, civil engineering, and automotive interiors.
- ALKEX® Aramid Fiber Proprietary aramid (aromatic polyamide) fiber super fiber five times stronger than steel with flame resistance up to 400°C, used in high-performance tires, bulletproof vests, and specialty hoses.
- TANSOME® Carbon Fiber High-strength, intermediate-modulus carbon fiber brand, the first in Korea to commercialize, with carbon content over 92%, one-quarter the weight of steel but ten times the strength, used in aerospace, defense, and industrial composites.
- GST Airbag Fabrics One-piece-woven (OPW) airbag fabrics and cushions with proprietary technology and patents across all production stages; world's largest airbag fabric manufacturer headquartered in Germany.
- Enterprise Storage Solutions Enterprise storage integration solutions for AI/HPC, data lakes, and software-defined data centers, delivered by HS Hyosung Information Systems for Korean enterprises and public institutions.
- AI Platform Solutions AI platform and big data solutions enabling enterprise AI adoption, including AI orchestration, LLM operations (LLMOps), and capabilities for designing, deploying, and managing AI agents.
- Cloud and Software-Defined Data Center Solutions Private and hybrid cloud solutions and software-defined data center implementations for modern enterprise IT infrastructure, delivered to Korean enterprises.
- HS Hyosung The Class (Mercedes-Benz Dealership) Official Mercedes-Benz dealer with 10 showrooms across Seoul, Gyeonggi, and Chungcheong provinces, offering new car sales, financing, after-sales service, certified pre-owned vehicle trade-ins, and the Maybach Brand Center Seoul.
- HS Hyosung Toyota Dealership Toyota official dealer with showrooms and service centers in Seocho, Gangseo, and Pyeongchon areas of South Korea; first in the industry to acquire TSM Kodawari certification for customer service management.
- HS Hyosung The Premium (Lexus Dealership) Toyota Motor Korea official dealer for Lexus and Toyota vehicles in the Honam region (Gwangju, Jeonju, Suncheon), with One-Stop Total Service including body and paint service center.
- HS Hyosung Premier Motors (Land Rover Retailer) Land Rover Korea official retailer in Busan, Ulsan, and Yeongnam region, delivering Modern Luxury brand values with integrated service center and new/used car departments.
- HS Hyosung Autoworks (BYD Commercial EV Trucks) BYD commercial electric truck dealer for Seoul, northern Gyeonggi, Incheon, Jeolla, and Gangwon, and exclusive importer for tuning brands Brabus, ABT, and AC Schnitzer in Korea.
- HS Hyosung Transworld Logistics Global supply chain management and third-party logistics services including container, bulk, project cargo, and air freight; manages SCM for 20+ Hyosung business units with 123 partners across 37 countries.
- HS Hyosung Global Logistics Vina Vietnamese logistics subsidiary providing logistics management for group affiliates in Vietnam, third-party logistics, and depot operations.
Quantifiable outcome
- Supplies 50% of global passenger car tires with tire cord products
- +2 more outcomes
Companies that use HS Hyosung
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles5 records
HS Hyosung technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature5 records
HS Hyosung partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- UmicorecoreHS Hyosung Advanced Materials agreed to acquire 80% stake in Umicore's silicon anode materials unit Extra Mile Materials for 120 million euros, with additional 1.5 trillion won investment planned over five years. Belgian-based Umicore partnership for battery materials joint venture.
- Hanwha SolutionscoreLong-term carbon fiber supply contract signed for sustainable materials supply partnership.
Scale indicators6 records
Recent moves9 records
Expansion highlights6 records
HS Hyosung competitors and assessment
Company assessmentBroad incumbents
- Mitsubishi Chemical Group: Japanese diversified chemical producer with carbon fiber, composites, and specialty materials businesses; competes with HS Hyosung's advanced materials across multiple high-end applications.
- Toyobo: Japanese specialty textiles and industrial fiber producer; comparable product portfolio in technical yarns, tire cord, and high-performance fibers such as Zylon.
- Toray Industries: World's largest carbon fiber producer with the TORAYCA brand; the dominant global player against which TANSOME® competes in aerospace, automotive, and industrial applications.
Direct peers
- Teijin Limited: Japanese advanced materials producer of Twaron aramid fiber and Tenax carbon fiber; directly competes with HS Hyosung's ALKEX aramid and TANSOME carbon fiber brands in defense, aerospace, and automotive composites.
- Bekaert: Belgian global leader in steel cord products for tire reinforcement and other steel wire products; direct comparator in the tire reinforcement market that HS Hyosung serves through its steel cord and bead wire offering.
- Kordsa: Turkish global tire reinforcement and construction technologies company; both are integrated tire cord manufacturers serving Goodyear, Michelin, and other major tire OEMs in polyester/nylon/aramid fibers.
- Indorama Ventures: Thai/Singapore producer of tire cord and industrial yarns through Indorama Polyester Industries (formerly Performance Fibers); overlaps HS Hyosung in tire reinforcement and seatbelt yarn markets.
- Kolon Industries: Korean peer producing tire cord, Heracron aramid fiber, and other advanced materials; competes head-to-head with HS Hyosung in domestic and export markets for technical textiles.
- SGL Carbon: German carbon-based materials company producing carbon fibers and composites for automotive, aerospace, and industrial applications; competes with TANSOME® in industrial-grade composites.
Others
- Hyundai Glovis: Korean global logistics and SCM company; comparable to HS Hyosung Transworld in the SCM/logistics business segment, providing integrated supply chain and 3PL services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
HS Hyosung social profiles
Digital presenceHS Hyosung compliance and trust
Trust signalCompliance1 record
HS Hyosung financial estimates
Financial estimateRevenue estimate
Valuation estimate
HS Hyosung leadership team
Management profileNumber of profiles
Profiles9 records
HS Hyosung subsidiaries and ownership
Company hierarchySubsidiaries10 records
HS Hyosung funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HS Hyosung M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HS Hyosung
What does HS Hyosung do?
HS Hyosung manufactures and sells advanced industrial materials—including tire cords, steel cords, TANSOME® carbon fiber, ALKEX® aramid fiber, airbag fabrics through GST, and seatbelt yarns—to global tire manufacturers and automotive suppliers. The group also sells enterprise IT/AI solutions (storage, cloud, AI platforms) via HS Hyosung Information Systems, operates multi-brand premium automotive dealerships (Mercedes-Benz, Toyota, Lexus, Land Rover, BYD) in South Korea, and provides global logistics services through HS Hyosung Transworld.
Is HS Hyosung a public or private company?
HS Hyosung is a public company. It is classified as public and is currently operating.
When was HS Hyosung founded?
HS Hyosung was founded in 1966. It employs 251 to 500 people.
Where is HS Hyosung based?
HS Hyosung is headquartered in Seoul, South Korea, in the Asia region.
How does HS Hyosung make money?
Four revenue lines are on record. Advanced Materials are the primary driver. The others are mobility Dealerships, AI/Data Solutions and SCM/Logistics Solutions.
Who are HS Hyosung's main competitors?
Broad incumbents on record are Mitsubishi Chemical Group, Toyobo and Toray Industries. Direct peers are Teijin Limited, Bekaert, Kordsa, Indorama Ventures, Kolon Industries and SGL Carbon. Hyundai Glovis is listed as an others.
Does HS Hyosung have an API?
No public API is recorded for HS Hyosung.