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Telecommunications & Media

Mobile number porting tops 600,000 for second straight month; SKT posts largest net gain

Mobile number porting in South Korea totaled 635,361 cases last month, staying above 600,000 for a second straight month, data from the Korea Telecommunications Operators Association showed. The figure was slightly lower than the previous month’s 641,932. SK Telecom posted the largest net subscriber gain at 3,887, while LG Uplus added 1,594. KT lost 3,586 subscribers, and budget carriers shed 1,895.

Finance

Hana Bank to provide 1.3 trillion won support for small merchants and faithful borrowers

Hana Bank will provide a total of 1.3 trillion won in inclusive finance support for small merchants, self-employed people and faithful borrowers. It will do so by launching a new locally focused loan product for small merchants and by expanding eligibility and limits for an existing product for faithful borrowers. The bank said it will operate two new inclusive finance products, including loans offering up to 10 million won without collateral or guarantees, along with rate discounts and cashback benefits.

Industry

Samsung store visitors up 75 percent, Samsung.com up more than 200 percent

Samsung Electronics said its large-scale discount event is nearing its final stage, drawing shoppers to stores nationwide. Average visitors to Samsung Stores rose 75 percent from a year earlier, with some locations doubling. Samsung.com visitors increased more than 200 percent. The promotion runs at about 1,000 online and offline outlets, including roughly 400 Samsung Stores. Buyers receive digital vouchers worth 20 percent of purchases, or 30 percent for uniformed public officials.