LG Electronics joins the IBM Quantum Network

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The move aims to aims to explore applications of quantum computing to support big data, AI and more.

This week IBM announced that LG Electronics is joining the Quantum Network. The two companies will work to explore how they can use quantum computing for a variety of applications. The applications range from transformation to AI and robotics.

The three-year deal will give LG Electronics access to IBM’s quantum computing systems and experts. They will also have access to the “Qiskit” open-source quantum information software development kit. 

LG Electronics aims to explore applications of quantum computing in industry. Their goal is to support big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications. All these require processing a large amount of data.

With IBM Quantum, LG can leverage quantum computing hardware and software advances and applications as they emerge. By leveraging IBM Quantum technology, LG will provide workforce training to its employees. This will permit LG to investigate how it can apply potential breakthroughs 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. These include interference and entanglement in computation to solve problems that are fundamentally intractable for classical computers.

As a result, quantum computing is perfect for exploring new approaches of solving problems. Specifically it is good for problems like those in LG Electronics’ open innovation strategy. These include big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications.

Solving the problems of emerging technologies

“Based on our open innovation strategy, we plan to use IBM Quantum to develop our competency in quantum computing,” said Byoung-Hoon Kim, CTO and Executive Vice President of LG Electronics. “We aim to provide customers with value that they have not experienced so far by leveraging quantum computing technology in future businesses.”

“We’re happy to welcome LG Electronics to a growing quantum computing ecosystem in Korea at an exciting time for the region,” said Jay Gambetta, IBM Fellow and VP, Quantum Computing at IBM.

“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.”