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Telecommunications & Media

Amazon and Meta join race for AI wearables now in focus

Competition in AI wearables is spreading beyond familiar formats to necklace-style pendants, rings, wrist devices and portable terminals. Products range from productivity-focused devices that record and summarise meetings and calls to AI companions that respond to users’ emotions. Recently launched or in-development devices highlight functions such as conversation logs, scheduling, personalised advice and emotional support. Pricing, privacy features and integration with smartphones are cited as key factors shaping market leadership.

Industry

LG Electronics launches STEM drawer freezer ice water purifier refrigerator

LG Electronics has launched a drawer-type model of its LG Dios AI Objet Collection STEM ice water purifier refrigerator that changes the structure of the bottom freezer. The new model replaces the side-opening bottom freezer with a two-tier drawer design. It includes a convertible middle drawer with 14 storage modes via the LG ThinQ app, an auto ice maker, and expands freshness compartments from 1 to 2. It also adds AI-based freshness care, saving mode and voice recognition features.

Finance

Toss FacePay reaches 9 million users, offers 20 percent rewards through year-end

Toss will run a promotion through the end of this year to encourage wider use of its facial recognition payment service, FacePay. Operator Viva Republica said it will expand payment benefits for FacePay users. FacePay allows payments using facial recognition without taking out a wallet or mobile phone, and has 9 million users as of this month. Eligible customers can earn 20 percent rewards for 30 days, with daily and total caps, alongside separate offers at selected merchants.