LG Electronics has become the latest member to join IBM’s Quantum Network, a global community of Fortune 500 companies, start-ups, academic institutions and research labs collaborating with IBM to advance the industry applications of quantum computing.
The electronics manufacturer will gain 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 said it aims to explore applications of quantum computing in areas that require processing a large amount of data, including big data, artificial intelligence, connected cars, digital transformation, IoT and robotics applications.
With IBM’s Quantum technology, LG can leverage quantum computing hardware and software advances and applications in accordance with IBM's quantum roadmap.
By using IBM’s Quantum technology, LG will provide workforce training to its employees, enabling them to investigate how potential breakthroughs can be applied to industries and disciplines, including finance, energy, chemistry, materials science, optimization and machine learning, among many others.
"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 VP 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."
Together with the announcement of the partnership, IBM unveiled its new Eagle quantum computing processor with 127 qubits, which it says is a major step in its roadmap to reach Quantum Advantage.
"We're happy to welcome LG Electronics to a growing quantum computing ecosystem in Korea at an exciting time for the region," added Jay Gambetta, IBM fellow and VP of 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."
