Samyang Roundsquare Co., Ltd. is an international South Korean food manufacturer and the first instant ramen company in South Korea.[2] Samyang was founded on September 15, 1961, by Jeon Jung Yoon. In 1963, Samyang debuted the first Korean instant noodle.
History
In the early 1970s, Samyang Foods converted a 20 km2 Daegwallyeong forest into a grassland to raise livestock.
In 2010, Jeon In Jang became the company's chairman. The company is now placed third to fourth in the instant noodle market of Korea. Samyang Foods started exporting its products, increasing the company's profits. Recently, the company took over several restaurant chains to expand into the food service industry.
In 2012, Samyang Foods released its Buldak Spicy Chicken Ramen. The new Buldak Spicy Chicken flavor became popular in the YouTube community.[3]
In 2012, Samyang Foods, along with several other companies in the Instant Noodles market, including Nongshim, Ottogi