CN Motors to Relocate and Expand Headquarters Showroom, Displaying Up to 20 Vehicles CN Motors said it plans to relocate and expand its headquarters showroom to broaden displays across its full lineup. The new headquarters showroom will move to Wonchang-dong in Seo-gu, Incheon, and will be able to display up to 20 vehicles at all times, the company said, calling it a large-scale facility for the specialty-vehicle industry. Visitors will be able to compare models and options in one place. By expanding the showroom, CN Motors said customers will be able to see the Carnival April 27, 2026

Lino Industrial Shares Slide More Than 14% on News of Major Shareholder Stake Sale Semiconductor test socket maker Lino Industrial’s shares were down more than 14% on Monday, a move widely attributed to news that its largest shareholder plans to sell a sizable stake. According to the Korea Exchange, Lino Industrial was trading at 106,500 won as of 9:55 a.m., down 14.39% from the previous session. The company said late April 24 that CEO Lee Chae-yoon plans to sell 7 million common shares through after-hours block trades over 30 days from May 26 to June 24. The sale w April 27, 2026

Trump Says Iran Should Call to Negotiate, Not Expect U.S. Delegation U.S. President Donald Trump is increasing pressure on Iran, saying he may pursue negotiations by phone rather than in-person talks. He also argued that maritime blockades are working and claimed Iran’s oil pipelines could soon suffer internal explosions, extending what he described as economic pressure. In a phone interview with Fox News on April 26 (local time), Trump said he would not send “people” on an 18-hour trip as a U.S. negotiating team. “We’ll do it by phone. So if they want, th April 27, 2026

LG Electronics to spin off 4 in-house ventures in AI, robotics; offer up to 400 million won in funding LG Electronics said its in-house ventures are preparing to become independent startups, with four teams selected to spin off from the company after developing business-to-business technologies in artificial intelligence, robotics and advanced materials. The company said Monday it recently held a “Studio341 Demo Day” and chose four teams that have met the requirements for a final spin-off. Studio341 is an internal venture program launched in 2023 to carry forward the challenge-and-i April 27, 2026

Hotel Shilla hits 52-week high on Q1 earnings surprise, Lee Boo-jin share purchase plan Hotel Shilla shares rose more than 4% in early trading Monday after the company reported stronger first-quarter results and said President Lee Boo-jin would buy company stock.  According to the Korea Exchange, Hotel Shilla was trading at 64,900 won as of 9:44 a.m., up 2,600 won, or 4.17%, from the previous session. The stock climbed as high as 67,800 won intraday, a 52-week high. The move reflected expectations for improved earnings and stronger management accountability. Hotel April 27, 2026

Ha Jung-woo Expected to Decide This Week on Running in Busan Buk-gap By-Election Ha Jung-woo, the presidential office’s senior secretary for AI (artificial intelligence) Future Planning, is expected to announce this week whether he will run in the National Assembly by-election in Busan’s Buk-gap district. The presidential office said Monday that Ha is likely to state his position soon after accompanying President Lee Jae-myung later in the day for talks at the presidential office with Demis Hassabis, co-founder and CEO of Google DeepMind. Ha is reported to be leaning April 27, 2026

BMW Korea Says BMW M FEST 2026 Draws About 10,000 Visitors in Incheon BMW Korea said April 27 that BMW M FEST 2026, its high-performance car festival that opened April 23, ended with about 10,000 visitors.  The four-day event on Yeongjong Island in Incheon was open to BMW M owners and anyone interested in the BMW M brand. Attendance was about double last year’s level, the company said. Interest was strong even before the festival began. All time slots for the driving programs sold out within 30 minutes of online reservations opening, BMW Korea said. A tota April 27, 2026

Shift Up’s ‘Goddess of Victory: Nikke’ tops Google Play revenue in South Korea and Japan after 3.5-year update Shift Up’s “Goddess of Victory: Nikke” has continued to post No. 1 revenue rankings on major app marketplaces at home and abroad with each major update, reinforcing its position as a long-running hit intellectual property, the company said. Shift Up said on the 27th that on the day of its 3.5-year anniversary update, the game ranked No. 1 in revenue on South Korea’s App Store and has since maintained the No. 1 revenue spot on Google Play in both South Korea and Japan. The company attribu April 27, 2026

CU to Raise International Parcel Shipping Rates 7% as Fuel Surcharges Jump CU convenience stores will raise prices for their international parcel delivery service, citing a sharp rise in air fuel surcharges as global oil markets remain unsettled in the wake of the war between the United States and Iran. According to industry officials on the 27th, CU Post, which operates CU’s parcel service, will increase international shipping rates by about 7% starting May 1. A CU official said, “International parcel rates will rise from the first of next month due to high April 27, 2026

Hanmi Semiconductor Chairman Kwak Dong-shin Buys $2.2 Million in Company Shares Hanmi Semiconductor said in a regulatory filing on the 27th that Chairman Kwak Dong-shin bought 3 billion won ($2.2 million) worth of the company’s shares with his personal funds, carrying out a share-purchase plan disclosed March 30. The purchase price was 315,407 won per share, for a total of 3 billion won. Since 2023, Kwak has bought a combined 56.5 billion won worth of Hanmi Semiconductor shares, raising his stake to 33.57%. The company said Kwak’s continued purchases reflect his co April 27, 2026