LG joins IBM Q Network to advance quantum computing applications

LG joins IBM Q Network to advance quantum computing applications

by Pranali Mehta

South Korean tech giant, LG Electronics, has reportedly joined the IBM Quantum Network as a new member to explore the quantum computing applications needed in the domain of artificial intelligence, internet of things (IoT), connected cars, and robotics.

The electronics arms of the fourth-largest South Korean conglomerate, LG Corp, will be the latest to join the alliance, which is an alliance of more than 170 entities.

After becoming a part of the community, whether as a member, partner, or quantum hub, entities are given full access to IBM’s quantum computing system along with Qiskit, the company’s open-source quantum information software development kit.

To work with the technology, employees at LG Electronics will be given workforce training to assist them in solving problems that are difficult for standard computers, which calculate with bits represented by 0 and 1.

According to LG, quantum computing mechanisms can be utilized in machine learning, optimization, materials science, chemistry, energy, and finance.

LG Electronics stated that with the IBM partnership, the company will be able to accelerate its quantum computing software as well as hardware advances, along with their industry applications in line with IBM’s quantum roadmap.

Kim Byoung-hoon, Executive VP & Chief Technology Officer at LG Electronics, stated that, as per the company’s open innovation strategy, LG plans on using IBM Quantum to advance its competencies as well as capacities in quantum computing.

Jay Gambetta, VP at IBM Quantum Computing, stated that IBM is thrilled to welcome LG Electronics into the growing ecosystem of quantum computing in Korea. Gambetta added that the IBM association will enable LG to find new types of problems related to emerging technologies and further strengthen the country’s quantum capabilities.

Some of the Korean entities that are a part of IBM Quantum Network include Samsung, Sungkyunkwan University, and the Korea Advanced Institute of Science and Technology.

The alliance further endorses LG Group’s push in the adoption of next-gen computing technology.

Last month, LG CNS, the IT consultancy and services subsidiary of LG, teamed up with Japanese IT services provider Fujitsu for its digital annealer computational architecture, a quantum computing tech for mathematical optimization. 

Source credit: http://www.koreaherald.com/view.php?ud=20220110000576

Pranali Mehta

A chemical engineer by qualification, Pranali Mehta dutifully walked down the slated path and worked in a chemical firm for a year. Her passion for writing however, pushed her into experimenting with the same as a career. With over three years of experience in content writRead more...