South Korea's Samyang Foods Co. said on Monday it will build its first overseas plant in China. The company plans to invest 64.7 billion won ($45 million) to establish Samyang Singapore PTE and build its Chinese facilities through the Singaporean corporation. Samyang Foods owns 90% o
Nongshim hosts the Han River Experience in NYC with Shin Ramyun event in cooperation with the Korean Cultural Center New York If you’re in New York City this weekend, be sure to drop by the Korean Cultural Center.The South Korean government office has partnered with the country’s in
Nongshim’s Shin Ramyun is the top-selling Korean ramen worldwide Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spicy instant noodles in new markets such as Latin America, heralding an intensi
South Korea’s instant noodle giant Nongshim Co. will build a local plant dedicated to producing ramen — or ramyun, as the company spells it — for exports at home to meet growing demand for its instant noodles abroad, especially in Europe.The move is also intended to fend off
Samyang Foods' Hot Chicken Flavor Ramen, or buldak-bokkeum-myeon (Courtesy of News1) South Korean food maker Samyang Foods Co., globally renowned for its Hot Chicken Flavor Ramen, saw its stock hit a record high on Friday after it delivered its first-quarter earnings surprise backed by increase
Hot Chicken Flavor Ramen promotion booth at the China International Import Expo on Nov. 5, 2020, in Shanghai (File photo, courtesy of Samyang Foods) Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Ho
South Korea's Samyang Foods Co. announced on Thursday its sales during China's largest shopping festival, Singles' Day (Nov. 11), reached a new record high of 13 billion won ($9.9 million).The company's sales on Nov. 11 Singles' Day increased 39% year-over-year and jumped 19% from the previo
South Korea's Samyang Foods Co. announced on Friday that the cumulative sales of ramen with its Hot Chicken Flavor Ramen, or Buldak-bokkeum-myeon brand surpassed 5 billion units in mid-July. The total revenue reached 3 trillion won ($2.3 billion).The Buldak brand, launched in April 2012, has b
Ottogi Co. selects Jin from K-pop band BTS as its new model South Korea’s food manufacturing giant Ottogi Co. has selected Jin from K-pop band BTS as its new face of the uber-popular Jin Ramen line. Ottogi announced on Wednesday that it will launch a new TV commercial featuring Jin t