SEOUL, Sept. 30 (Korea Bizwire) — Nongshim Co. said it will nearly double the sales of its Shin Ramyun instant noodles in Japan by 2026 as it further penetrates the local noodle market. Nongshim, South Korea’s leading instant noodle maker, aims to achieve 20 billion yen (US$140 million) in Shin Ramyun sales in 2026, up [...]
SEOUL, May 14 (Korea Bizwire) — Nongshim Co., South Korea’s leading instant noodle maker, said Tuesday it is considering building a new domestic plant for exports only amid growing overseas demand for Korean instant noodles, called ramyeon. Nongshim is in consideration to build the exports-only plant in the southeastern port city of Busan or Pyeongtaek, [...]
SEOUL, Mar. 26 (Korea Bizwire) – South Korean food giant Nongshim announced on Saturday that it will introduce its iconic “Hangang Shin Ramyun” instant noodles to over 800 chefs, judges, and gourmets attending the Asia’s 50 Best Restaurants awards ceremony in Seoul on March 26. Regarded as the “Academy Awards of gastronomy,” the Asia’s 50 Best [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korea’s top instant noodle maker Nongshim Co. said Friday its net profit jumped more than 60 percent in the second quarter from a year earlier largely thanks to stronger demand for instant noodles amid high inflation and growth in overseas markets. Net profit for the three months ended [...]
SEOUL, July 31 (Korea Bizwire) — South Korean instant noodle maker Nongshim Co. said Sunday it will be releasing Shin Ramyun The Red, an extra spicy limited edition of its flagship noodle Shin Ramyun, on August 14. Shin Ramyun The Red measures around 7,500 Scoville heat units (SHU), which is twice as spicy as the [...]
SEOUL, July 13 (Korea Bizwire) — South Korea’s top instant noodle maker, Nongshim Co., said Thursday it aims to triple its sales in the United States by 2030 to top the U.S. instant noodle market. “Nongshim will boost annual sales to US$1.5 billion, threefold of the current level, by 2030 and top the U.S. ramyeon [...]
SEOUL, March 16 (Korea Bizwire) – The legal battle between two major South Korean companies, Nongshim Group and Homeplus, has intensified over the use of the trademark ‘Mega’. Mega Mart, a supermarket chain owned by Nongshim, filed a lawsuit on March 2 against Homeplus, accusing the comany of trademark infringement for its newly introduced hypermarket [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korean instant noodle maker Nongshim Co. is exploring ways to attract young consumers who are reducing their consumption of instant noodles, or “ramyeon” in Korean. The company opened a Shin Ramyun cafeteria popup store in the hip district of Seongsudong in eastern Seoul on Monday. It brought the [...]
SEOUL, Nov. 23 (Korea Bizwire) — Nongshim Co., a major South Korean producer of snacks and instant noodles, said Wednesday it has won a bid to export a smart farm system to Oman, marking the first sale since it formed a dedicated in-house startup for the business in 2018. The Omani government has decided to [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korean instant noodle maker Nongshim Co. announced that it had affixed foldable handles to the side of its spicy noodle cups for the very first time. The company developed the industry’s first foldable handles to reduce the inconvenience of carrying the cup after filling it with hot water. [...]