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Nexen Tire Corporation is a tire manufacturer, headquartered in Yangsan, South Gyeongsang Province, and Seoul in South Korea. The company's name is reflected in the company slogan, "Next Century Tire." Nexen's domestic market share increased from 8% to 20%, with annual sales exceeding $600 million. Nexen employs over 2,000 employees. Nexen Tire currently exports to 120 countries.