LG Electronics, a top leading multinational Electronics company joins the IBM quantum network. The South Korean company will venture into the industry of quantum computing by exploring applications that can support big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications – all of which require processing a large amount of data. IBM will provide access to its quantum computing systems, as well as to IBM’s quantum expertise and Qiskit, IBM’s open-source quantum information software development kit.
“Based on our open innovation strategy, we plan to use IBM Quantum to develop our competency in quantum computing.
We aim to provide customers with value that they have not experienced so far by leveraging quantum computing technology in future businesses.
Byoung-Hoon Kim, CTO and Executive Vice President of LG Electronics
With the recent launch of IBM’s new ‘Eagle’ quantum computing processor with 127 qubits, a major step forward in IBM’s roadmap to reach Quantum Advantage, it is a great time for LG to take advantage of IBM’s quantum hardware, software advances, and applications. LG to provide workforce training to its employees, allowing LG to study how potential breakthroughs can be applied to its current industry.
Quantum computing is a fascinating advancement in computing. While classical computers calculate in bits that represent 0 and 1, quantum computers use qubits to tackle issues that are fundamentally unsolvable for classical computers by utilizing quantum mechanical phenomena such as interference and entanglement in computation.
We’re happy to welcome LG Electronics to a growing quantum computing ecosystem in Korea at an exciting time for the region, the relationship between IBM and LG Electronics will permit LG to explore new types of problems associated with emerging technologies and will help strengthen the quantum capabilities in Korea.
Jay Gambetta, IBM Fellow and VP, Quantum Computing at IBM
As a result, quantum computing is well suited to helping LG Electronics explore new approaches to solving problems such as big data, artificial intelligence, connected automobiles, digital transformation, IoT, and robotics applications, which are all part of the company’s open innovation policy.
LG Electronics, Fortune 500 corporations, start-ups, academic institutions, and research labs are among the 170 clients working with IBM Quantum technology. The IBM Quantum team and clients exceed great effort in researching and exploring new ways to utilize quantum computing that may be adaptable to different industries and disciplines, such as finance, energy, chemistry, materials science, optimization, and machine learning, among many others
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