LG Electronics joins IBM community to advance quantum computing

On January 10, IBM announced that LG Electronics joined IBM quantum network to explore the industrial applications of quantum computing to support big data, artificial intelligence, connected cars, digital transformation, Internet of things and robot applications.

Explore the industrial application of quantum computing

By joining the IBM Quantum Network, IBM will provide LG Electronics 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. 

IBM Quantum System One

LG Electronics aims to explore applications of quantum computing in industry to support big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications – all of which require processing a large amount of data.

With IBM Quantum, LG can leverage quantum computing hardware and software advances and applications as they emerge, in accordance with IBM's quantum roadmap.

By leveraging IBM Quantum technology, LG will provide workforce training to its employees, permitting LG to investigate how potential breakthroughs can be applied 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."

LG open innovation strategy

I"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, 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."

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.  As a result, quantum computing is well suited to help explore new approaches of solving problems like those in LG Electronics' open innovation strategy including big data, artificial intelligence, connected cars, digital transformation, IoT, and robotics applications.

At the IBM Quantum Summit in November 2021, IBM recently unveiled its new 'Eagle' quantum computing processor with 127 qubits, a major step forward in IBM's roadmap to reach Quantum Advantage.

There are more than 170 clients, including ‎ LG Electronics, Fortune 500 companies, start-ups, academic institutions and research labs working with IBM Quantum technology to advance ‎quantum computing and explore practical applications.  The IBM Quantum team and clients are researching and exploring how quantum computing will help a ‎variety of industries and disciplines, including finance, energy, chemistry, materials science, ‎optimization and machine learning, among many others.

LG's other layout in the quantum field

In fact, LG has long joined the international competition to develop quantum computing technology and hardware.

In April 2021, LG Electronics announced to cooperate with Qu & Co, a Dutch quantum computing software developer, to develop quantum computing technology for multi physical simulation. This research aims to improve the competitiveness of future technologies by using quantum computing.

In addition, the mobile operator LG uplus (LGU +) has commercialized the post quantum cryptography (PQC) technology, which refers to the cryptographic algorithm that is considered to be safe against quantum computer attacks. At present, cryptologists are designing new algorithms to prepare for the threat of quantum computing. PQC does not require a separate network infrastructure to distribute encryption keys because it can be flexibly applied to different parts of wired and wireless networks that need encryption.

As early as September 2021, LG U + announced that in order to protect the basic information of public and financial institutions, it would launch a new commercial security service based on Quantum Cryptography (PQC) in 2022. The company presented its PQC business roadmap and introduced new technologies and applications in cooperation with cryptolab, a local encryption and data security solution startup.

LG uplus commercializes post quantum cryptography (PQC) technology

link：[1]https://newsroom.ibm.com/2022-01-10-IBM-Welcomes-LG-Electronics-to-the-IBM-Quantum-Network-to-Advance-Industry-Applications-of-Quantum-Computing