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Telecommunications & Media

AI smart glasses use expands but on-site control rules still lacking

AI-enabled smart glasses are entering the South Korean market in earnest, prompting calls to shore up on-site control rules. Authorities have detected repeated attempts to cheat on tests using smart glasses, raising concerns about gaps in exam supervision and school management. The devices resemble ordinary glasses while offering recording and AI search functions. Concerns also persist over illegal filming. The industry sees smart glasses as a growth opportunity, but wants clearer, risk-based standards by location.

Industry

Emart Q1 operating profit 178.3 billion won; Traders posts record quarterly sales

Emart said on Tuesday its first-quarter operating profit rose 11.9 percent from a year earlier to 178.3 billion won on consolidated revenue of 7.12 trillion won, its best first-quarter result since 2012. Separate operating profit increased 9.7 percent. Traders led the improvement with record quarterly sales of 1.06 trillion won and higher profit. Emart also reported higher April sales and growth at key subsidiaries.

Finance

Fintech sector shifts from scale growth to profitability battle

South Korea\'s fintech sector is moving beyond scale expansion and into a battle over profitability. Toss operator Viva Republica, Naver Financial and Kakao Pay posted their first combined annual net profit last year, with revenue also hitting record highs. Hecto Financial reported its best-ever results and is stepping up global business plans, including cross-border settlements and prepaid payments for foreign tourists visiting South Korea.