In a move to boost competitiveness in future technologies, LG Electronics has formed ties with Dutch quantum algorithm developer Qu & Co to conduct joint research on quantum computing technology
According to the research agreement, over the next three years the two companies will develop computing technology for Multiphysics simulations.
Multiphysics refer to the system that involve simultaneously occurring multiple physical phenomena. It also simulations are used to analyse and verify such systems.
According to LG, current computers are limited in analysing complex systems and expects the substantially faster quantum computing technology to process them and help resolve industrial problems that account for multiple physical phenomena.
LG also mentioned that it expects the implementation of quantum computing technology in promising fields, including big data, connected vehicles and robotics, and to improve its competitiveness in future tech businesses.