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Finance

Korean banks step up drive to attract foreign customers

South Korean banks are intensifying efforts to attract foreign customers as the number of international students, workers and long-term residents rises. Lenders are launching dedicated apps and services that combine banking with daily living support, including loans, payments, reservations and administrative assistance. The strategy aims to boost access, convenience and customer loyalty through digital platforms and multilingual support.

Telecommunications & Media

Will glasses follow smartphones? Rumours swirl around Apple Glasses

Apple is expected to introduce screenless smart glasses featuring AI-focused capabilities, according to reports. The device, dubbed Apple Glasses, may use an Apple Watch-derived chipset, multiple cameras, Siri-linked voice control, built-in speakers and health-tracking features. It could rely on a paired iPhone for heavy processing. Reports also suggest Apple may position the product as a fashion item with varied frame designs and colours. A 2026 unveiling is seen as likely, though a 2027 release remains possible.

Telecommunications & Media

SK Telecom to terminate contracts for long-suspended 3G, LTE subscribers

SK Telecom is moving to terminate mobile service contracts for some 3G and LTE lines that have been suspended for a long period. The company has been sending notices by text message, mail and email since Dec. 10. The plan targets contracts that have remained suspended after customers applied for temporary suspension before March 31, 2015. Terminations are scheduled from Dec. 22 to 31, with options to lift suspension by Dec. 19 or cancel on the day of termination by 6 p.m.