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January 28, 2022
LG Electronics has joined the IBM Quantum network, gaining access to IBM’s quantum computing systems and expertise.
As part of the arrangement, LG also gets access to IBM’s open-source quantum information software development kit Qiskit.
LG is looking to quantum computing to support its efforts in its open innovation strategy including artificial intelligence (AI), the Internet of Things (IoT), connected vehicles, digital transformation and robotics.
“We plan to use IBM Quantum to develop our competency in quantum computing,” said Byoung-Hoon Kim, chief technology officer 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.”
While traditional computers calculate in bits that represent zero or one, or on or off, quantum computers use what are known as qubits, using mechanical phenomena to solve problems that can’t be solved by traditional computers.
The IBM Quantum Network focuses on the research and exploration of how quantum computing might help industries such as finance and energy.
LG Electronic now gains access to IBM’s Eagle quantum computer processor, with 127 qubits.
Editorial Director AI & IoT
Chuck Martin, a New York Times Business Bestselling author, futurist and columnist, is Editorial Director at Informa Tech, home of AI Business, IoT World Today and Enter Quantum. Martin has been a leader in emerging digital technologies for more than two decades. He is considered one of the foremost emerging technology experts in the world and his latest book is titled "Flying Vehicles" (The Emergence of Personal Air Travel, Flying Cars, and Air Taxis). He also is the author of "Digital Transformation 3.0" (The New Business-to-Consumer Connections of The Internet of Things). He hosts a worldwide podcast titled “The Voices of the Internet of Things with Chuck Martin,” where he converses with top executives from the companies driving the adoption of emerging technology.
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