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Cut 1 pound of dried shredded squid into bite sized pieces and set aside.
Make seasoning sauce by mixing ½ cup hot pepper paste, 4 cloves minced garlic, ⅓ cup olive oil (or vegetable oil), ⅓ cup corn syrup (or rice syrup), and 2 tbs toasted sesame oil in a large bowl with a wooden spoon until it becomes a shiny red sauce.
Put the squid strips into the seasoning sauce and mix it with a spoon.
Transfer it in an air-tight container and keep in the refrigerator.
You could serve it with rice as a side dish. Sprinkle some roasted sesame seeds just before serving.