North Korea seems to be upping the flames of its knockoff game, with a near-perfect imitation of one of South Korea’s most popular instant noodles, Samyang Foods' Buldak Ramen, in the Chinese market.
Samyang Foods' shares reached a 52-week high after announcing a 65% increase in overseas sales, surpassing 1 trillion won ($690 million) for the first time.
Samyang Foods aims to enhance its Buldak brand and expand into wellness by 2025, focusing on production capabilities and product diversification.
Samyang Foods will establish its first overseas factory in China, enhancing Buldak Ramen production for the Chinese market.
The Danish government lifted its recall on two Buldak Ramen products due to extreme spiciness after recalculating capsaicin levels.
Samyang Foods said that the Danish government's recall of Buldak ramyeon products was based on incorrect calculations of capsaicin.
Shares of Samyang Foods, known for its spicy Buldak Ramen, once again hit a record high after the food manufacturer announced an expansion of production lines for the popular instant noodle.
Samyang Foods, the company behind Buldak Ramen products, closed at 302,500 won on Thursday, briefly touching an all-time high in midday trading.
Samyang Foods achieves record sales of $1M during China's largest shopping festival, thanks to popular ramyeon products like Buldak.
Korea JoongAng Daily Sitemap
