Founder of Nongshim who built the Korean instant-noodle industry
| Life | 1930 ~ 2021 |
| Era | 현대 |
| Clan | 영산 신씨 |
Shin Chun-ho (1930-2021) was the businessman who built the Nongshim Group, of the Yeongsan Sin clan. He was born on 1 December 1930 in Dungi-ri, Samdong-myeon, Ulsan County (now Ulju, Ulsan), the younger brother of Lotte founder Shin Kyuk-ho. He studied at Gyeongnam Middle School and Dong-A High School, graduated in law from Dong-A University and studied business administration.
He worked as a Lotte vice president from 1958 to 1961 and was a director of Lotte Japan in 1962. In 1965 he founded Lotte Industry, the predecessor of Nongshim, and became its president; in 1978 the company was renamed Nongshim, and in October 1992 he became chairman of the Nongshim Group. Building the company around instant noodles, he is credited with contributing greatly to Korea's ramyeon industry and was called the 'Ramyeon King'.
The group grew to include Nongshim Holdings, Nongshim, Yulchon Chemical and Megamart. He served as non-executive vice chairman of the Korea Industrial Technology Association (1992), vice chairman of the Korea Employers Federation (1994) and received the Iron Tower Order of Industrial Service.
Though from the same Dungi-ri family as his elder brother, he built a separate company on his own. This page keeps to his public business record and omits family privacy. He died of illness on 27 March 2021 at Seoul National University Hospital at age 90.
He founded Lotte Industry in 1965 and renamed it Nongshim in 1978.
His elder brother Shin Kyuk-ho founded Lotte.
His grave was not confirmed in these sources.