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Industry

hy combines equity, production and IP into one in new overseas business model

hy, formerly Korea Yakult, is expanding globally through a joint business model that combines equity investment, production and intellectual property. Through its U.S. joint venture HYH America with HYBE and Paldo, it has launched a new food and beverage brand, ARIH, developed from the planning stage with BTS. The brand begins sales at Walmart in the United States from April 24, with a South Korea launch planned for late next month.

Telecommunications & Media

LG Uplus faces trust risk test as rival security incident windfall fades

LG Uplus, which benefited from subscriber gains after security incidents at rivals, now faces controversy over its subscriber identity module number (IMSI) design and growing calls to waive contract termination fees. The company is accused of discarding and reinstalling a server suspected of being hacked, hampering forensic probes, and police have escalated their investigation. LG Uplus is expanding security measures, while civic groups and lawmakers press for user protections.

Mobility

Tesla completes design of AI5 chip as U.S. presses automakers on war preparedness

The United States is stepping up a wartime response posture, adding pressure on the auto industry. The Pentagon has contacted top executives at major automakers such as GM and Ford to sound out slowing some EV output and expanding weapons and military supplies production. Separately, Ford’s CEO warned about Chinese EVs and the company reshuffled its organisation. Volkswagen accelerated battery work, while Tesla completed its AI5 chip design and updated its FSD app amid complaints over HW3 limits.