[E-Daily Reporter Kwon Oh Seok ] Namsung(004270), a North American AI (artificial intelligence) mobility solutions company with a retail distribution base, announced on the 15th that its largest shareholder and related parties have decided to purchase the company’s shares on the open market to strengthen responsible management and enhance corporate value.

CEO Yoon Seong-ho and Vice President Yoon Jong-ho will participate in this share purchase, with each planning to acquire 97,847 shares for a total of 195,694 shares. The purchase amount is 500 million won each, totaling 1 billion won, and the transaction period runs from October 14 to November 12. The company explained that this increase in shareholding reflects management’s confidence in the company’s medium- to long-term growth potential and its commitment to enhancing shareholder value.
Upon completion of the transaction, CEO Yoon Seong-ho’s shareholding will increase from 627,902 shares to 725,749 shares, raising his ownership stake from 13.77% to 15.92%. Vice President Yoon Jong-ho’s holdings are also expected to increase from 614,802 shares to 712,649 shares, raising his ownership stake from 13.48% to 15.63%.
Currently, Namsung is accelerating its expansion of market share in the U.S. by leveraging its next-generation products. The in-vehicle AI DEVICE “NS AI LINK” features a 10.1-inch ultra-slim display that supports wireless Apple CarPlay, Android Auto, and smartphone mirroring, and is designed to enable the use of generative AI and AI agents within the vehicle. It is currently on sale at approximately 3,600 Walmart stores across the U.S., with the initial shipment valued at 5 billion won based on consumer prices.
Building on its sales performance at Walmart, the company plans to pursue additional shipments while also strengthening its presence on major online channels such as Amazon and Walmart.com. In the medium to long term, the company aims to expand its business scope into the “AI Gateway Control” sector—which integrates communication capabilities into major North American automotive products and links devices with AI services—thereby shifting its business structure from a hardware-centric model to one focused on AI devices and platforms.
A Namsung official stated, “This share purchase demonstrates management’s confidence in the company’s medium- to long-term growth potential,” adding, “We will expand our sales base in the U.S., centered on new products, and accelerate the success of our AI DEVICE and platform business for mobility to deliver tangible improvements in shareholder value.”