IBM Welcomes LG Electronics to the IBM Quantum Network to Advance Industry Applications of Quantum Computing


IBM (NYSE: IBM) today announced that LG Electronics has joined the IBM Quantum Network to advance the industry applications 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.

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.”

“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 and Shaker To Upgrade AC Production Facility in Saudi Arabia With Innovative Automation Tech


LG Electronics (LG) and Al Hassan Ghazi Ibrahim Shaker Co. (Shaker), Saudi Arabia’s leading importer, manufacturer and distributor of air conditioners and home appliances, have announced new investment in their joint-venture air conditioner (AC) production facility in Riyadh, Saudi Arabia. Opening a new era in the local manufacturing industry, the LG-Shaker plant will deploy industrial robots and artificial intelligence (AI) technology to automate the production process and optimize operational efficiency.

The adoption of cutting-edge automation technology will result in increased output and enable the plant to produce components that are now sourced, in part, from external providers. With the far-reaching upgrades to its facility, LG-Shaker will accelerate manufacturing capabilities and reduce production costs, boosting its competitiveness in the Saudi AC market, which is one of most important in the Middle East and is expected to grow by two percent over the next three years.

“This investment in cutting-edge production technology further cements our long-term relationship,” said Mohammed Ibrahim Abunayyan, chief executive officer at Al Hassan Ghazi Ibrahim Shaker Co. “We will continue to strengthen our partnership to bring consumers the latest life-enhancing innovations, and to contribute to the growth of domestic manufacturing in Saudi Arabia.”

Since commencing operation in 2018, the LG-Shaker manufacturing facility in Riyadh has widened the availability of high-performance LG residential and system air conditioners across the Middle East and North Africa, including the Gulf states and Egypt. Representing LG’s commitment to the communities where it operates, the AC production facility has aided in the development of a robust local manufacturing sector, in line with the goals of Saudi Arabia’s Saudi Vision 2030 and National Industrial Development and Logistics Vision (NIDLP).

“Adopting robotics and AI in our AC manufacturing plant will enable LG-Shaker to scale up in-house production and overall capacity, giving us better control of our supply chain and enhancing our ability to serve customers in the region,” said Ilhwan Lee, president of LG Electronics Middle East and Africa. “With stable production and increased output based on our long-standing partnership, LG can rapidly meet market demand and fast-changing consumer needs.”