LG Electronics Joins IBM Quantum Network to Explore AI, IoT

IBM says LG Electronics is joining its Quantum Network to explore applications of quantum computing to support big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications.

The three-year deal will give LG Electronics access to IBM’s quantum computing systems, experts, and their “Qiskit” 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,” 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.”

LG Electronics joins a group of more than 170 companies working with IBM’s quantum computing tools, which include the recently-unveiled Eagle quantum computing processor with 127 qubits.

“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,” IBM stated in its announcement.

Jay Gambetta, VP of quantum computing at IBM, said it is an exciting time for quantum computing in Korea and throughout 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,” Gambetta said.