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IBM, LG Join Hands to Advance Industry Applications of Quantum Computing

IBM, LG Join Hands to Advance Industry Applications of Quantum Computing Image Credit: 224186260/Bigstockphoto.com

IBM today announced that LG Electronics has joined the IBM Quantum Network to advance the industry applications of quantum computing.

By joining the IBM Quantum Network, IBM will provide LG Electronics access to IBM's quantum computing systems, as well as to IBM's quantum expertise and Qiskit, IBM's open-source quantum information software development kit. 

LG Electronics aims to explore applications of quantum computing in industry to support big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications – all of which require processing a large amount of data.

With IBM Quantum, LG can leverage quantum computing hardware and software advances and applications as they emerge, in accordance with IBM's quantum roadmap. By leveraging IBM Quantum technology, LG will provide workforce training to its employees, permitting LG to investigate how potential breakthroughs can be applied to its industry.

Quantum computing is an exciting evolution in computation. While classical computers calculate in bits that represent 0 and 1, quantum computers use qubits that harness quantum mechanical phenomena such as interference and entanglement in computation to solve problems that are fundamentally intractable for classical computers. As a result, quantum computing is well suited to help explore new approaches of solving problems like those in LG Electronics' open innovation strategy including big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications.

Byoung-Hoon Kim, CTO and Executive Vice President of LG Electronics
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.

Jay Gambetta, IBM Fellow and VP, Quantum Computing at IBM
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.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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