LG, joins Dutch firm to develop quantum computing tech

Seoul: LG Electronics has said it has formed ties with Dutch quantum algorithm developer Qu & Co to conduct joint research on quantum computing technology in a move to boost competitiveness in future technologies.

Under the research agreement, the two companies will develop quantum computing technology for multiphysic simulations over the next three years. Multiphysics refers to systems that involve simultaneously occurring multiple physical phenomena. Multiphysics simulations are used to analyze and verify such systems.

LG said current computers are limited in analyzing complex systems, and expects the substantially faster quantum computing technology to process them and help resolve industrial problems that account for multiple physical phenomena, reports Yonhap news agency.