LG Electronics will explore quantum computing applications that support Big Data, Artificial Intelligence, connected cars, digital transformation, Internet of Things and robotics applications
IBM (NYSE: IBM) announced that LG Electronics has joined the IBM Quantum Network to advance industrial applications of quantum computing.
By joining the IBM Quantum Network, the company will provide LG Electronics with access to IBM's quantum computing systems and quantum expertise, as well as access to Qiskit, IBM's open source software development kit for quantum information.
LG Electronics aims to explore quantum computing applications in the industry to support Big Data, Artificial Intelligence (AI), connected cars, digital transformation, Internet of Things (IoT) and robotics applications, which require processing a large amount of data. Dice.
With IBM Quantum, LG can take advantage of quantum computing hardware and software advances and applications as they emerge, according to the quantum roadmap from IBM. By accessing IBM Quantum technology, LG will provide training to its employees, allowing them to investigate how potential advances can be applied to their industry.
“Based on our open innovation strategy, we plan to use IBM Quantum to build on our competence in quantum computing,” said Byoung-Hoon Kim, CTO and Executive Vice President of LG Electronics. “Our goal is to provide customers with value they have not experienced until now by leveraging quantum computing technology in future businesses.”
“We are delighted 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 allow LG to explore new types of issues associated with emerging technologies and help strengthen quantum capabilities in Korea.”
In 2021, IBM unveiled its new 127-qubit 'Eagle' quantum computing processor, a major step forward in IBM's roadmap to achieving Quantum Advantage.
Quantum computing is an exciting evolution in computing. While classical computers calculate in bits that represent 0 and 1, quantum computers use qubits that control quantum mechanical phenomena such as interference and entanglement to solve problems that are fundamentally inaccessible to classical computers. As a result, quantum computing is well suited to help explore new problem-solving approaches, such as those in LG Electronics' open innovation strategy, which includes Big Data, AI, connected cars, digital transformation, IoT and robotics applications.
At the IBM Quantum Summit in November 2021, IBM revealed its new 127-qubit 'Eagle' quantum computing processor, a major step forward in IBM's roadmap to achieving Quantum Advantage.
There are more than 170 customers including LG Electronics, Fortune 500 companies, startups, academic institutions and research labs working with IBM Quantum technology to advance quantum computing and explore practical applications. The IBM Quantum team and customers are researching and exploring how quantum computing will help a variety of industries and disciplines, including finance, energy, chemistry, materials science, optimization and machine learning, among many others.
