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Telecommunications & Media
KT waives early termination fees for all customers, a wildcard for New Year number porting
KT has decided to waive early termination fees for all customers seeking to cancel mobile service contracts until Jan. 13, following an unauthorised small-payment hacking incident. The waiver will also apply retroactively to customers who already terminated contracts after Sept. 1. The move may spur number-porting competition as rivals weigh more aggressive subsidies, though industry watchers also point to a recent decline in porting volumes and limited customer churn after successive hacking disclosures.
Finance
Banks frown as South Korea pushes no-fault compensation for voice phishing losses
South Korea's government and ruling party have begun work to legislate a no-fault compensation regime that would make financial firms liable for voice phishing losses even without negligence. A Democratic Party task force and a pan-government task force agreed to speed up legislation after reviewing progress on an Aug. 28 anti-phishing plan. Proposed bills set compensation caps and would require tougher fraud detection measures, while banks caution that costs and liability scope need more discussion.
AI & Enterprise
2026 outlook: AI war enters round two as tech shake-up accelerates
The biggest question for 2026 is where aggressive AI investment and rising bubble fears will balance out, with uncertainty high. The article also flags competition between OpenAI and Google, Apple’s push with a next-generation Siri, and the growing capability of AI hacking tools. It examines AI agents as a potential driver of change in B2B SaaS and enterprise systems of record. It also looks at robotaxi expansion, prospects for a foldable iPhone, and stablecoins moving toward payment infrastructure.
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AI & Enterprise
OpenAI steps up investment in audio AI to launch audio-focused device within a year
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Crypto
Institutions buy gold, retail investors turn to coins: what lies ahead for 2026 asset markets
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AI & Enterprise
China's LLM startup Moonshot AI raises additional $500 million to expand AI infrastructure
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Crypto
Tether buys additional 8,888 bitcoin, becomes fifth-largest holder
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Telecommunications & Media
KT loses 10,000 subscribers on first day of penalty fee waiver
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AI & Enterprise
NIA chief Hwang Jong-seong says public sector AX key to help AI top 3 goal
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People
Hana Bank visits military bases nationwide through regional business headquarters
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Industry
Samsung Display starts mass production, supply of V-Stripe QD-OLED
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Finance
Korean banks complete 360 billion won contribution to New Start Fund
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Crypto
Nexthrus CEO Jang Hyun-kook says company will work at 'speed of thought' in 2026
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Finance
Woori Bank hires ex-Samsung Electronics executive Jung Eui-chul to lead digital sales
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Finance
FSC chairman vows faster finance overhaul, full rollout of national growth fund
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Industry
Korea exports hit record $709.7 billion in 2025 on semiconductor boom
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Industry
SK Chairman Chey Tae-won urges staff to ride AI wave and take on 'Seungpungparang' challenge
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Finance
Retail investors post record net selling despite KOSPI rally last year