SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Samyang Foods Co. Ltd. is planning to grow its Buldak sauce brand as it sees it as the company's next money maker. The South Korean food manufacturer and instant noodle company said its sauce and seasoning business soared by 36% last year.
The percentage is the total increase based on the sales earned in the previous year. Samyang Foods said on Monday, May 8, that it would step up its Buldak sauce business, especially its hot chicken flavor, in an effort to find new growth engines.
According to The Korea Economic Daily, the 36% sales increase in the company's sauce and seasoning business is equivalent to KRW29 billion or about $21.88 million in additional earnings.
It turned out that Samyang Foods has been scaling up its sauce biz since 2018, and it started with the company's release of its Buldak sauce products which were developed in response to the customers' request.
People asked for a sauce that could be added to the liquid soup of Sanyang's own Buldak fried noodles, and thus the sauce was developed. With the aim for further expansion, the company is now preparing to launch more sauces, such as the Buldak mayo and Carbo Buldak sauce.
The food manufacturer is currently securing deals with leading restaurants to promote the sauces. It will also increase its exports to bring new products to many countries.
The noodle and sauce manufacturer is also focusing on boosting its marketing and sales strategies. It will find more channels for promotion with the goal of achieving steady sales for its sauces and eventually becoming its new growth driver.
"We plan to continuously grow our sauce business as a new business and establish a solid position in the domestic and international sauce market by strengthening our product lineup, marketing and expanding our sales channels," an official at Samyang Foods said in a statement. "We will grow the Buldak sauce into a 100 billion won ($75 million) brand."
Photo by: Jonathan Borba/Unsplash
