Kumyoung was first established as Namkyoung Industry, a manufacturer of video game arcade machine in Busan, South Korea in August 1983.

The company focused on the production of karaoke system and has dominated the Korean Noraebang (노래방) industry and the export markets since the early 90s.

In 1996, Kumyoung introduced and patented the world's first HDD-based computer music player with real human voice chorus recording by a TV station.

It ventured into digital music production in 2003 with the establishment of its affiliate, Square-One Music and mobile phone content services in partnership with some Korean telecom companies.

Kumyoung has diversified its core business by offering on-line internet noraebang and Video-on-demand services.