By joining the IBM Quantum Network, LG Electronics will gain access to IBM's quantum computing systems, as well as Qiskit, IBM's open-source quantum information software development kit.
Through this collaboration, LG Electronics aims to explore the applications of quantum computing in industry to support big data, AI, connected cars, digital transformation, IoT and robotics applications.
With IBM Quantum, LG can implement quantum computing hardware and software advances as well as applications as they emerge, in line with IBM's quantum roadmap. Using IBM Quantum technology, LG will also be able to provide workforce training to its employees, enabling it to apply potential breakthroughs to its industry.
"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."
As quantum computing use qubits (quantum bits) to solve problems that are unsolvable for classical computers, it is well suited to help explore new approaches of solving problems like those in LG Electronics' open innovation strategy.
There are roughly 170 companies part of the IBM Quantum network, including LG Electronics, Fortune 500 companies, start-ups, academic institutions and research labs, all working to advance quantum computing and explore practical applications.
"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 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."
