POSCO, LG, Samsung, and Hyundai Motors join hands to create an ecosystem for the quantum computing industry

On the 8th, the Quantum Computing Industry Leaders Alliance was established. Decided to create an ‘ecosystem’ with the participation of 32 companies, large and specialized

   An alliance of leading companies in quantum computing led by major domestic companies such as POSCO, LG, Samsung, and Hyundai Motor was officially launched.

The Korea Institute of Science and Technology Information (KISTI) announced on the 8th that it held the ‘Inaugural General Meeting of Leading Companies in the Quantum Computing Industry’ at the Korea Science and Technology Center in Gangnam-gu, Seoul.

The Quantum Computing Industry Leaders Alliance was established for the purpose of sharing the technological status of the domestic quantum information field and building an ecosystem for the use of the quantum computing industry.

32 large companies such as POSCO Holdings, LG Electronics, Samsung Display, and Hyundai Motor Company, and specialized companies such as Qnova, Baobab Aibio, and First Quantum participated in the alliance. Posco Holdings served as the first chairman and Qnova served as vice president, respectively, and KISTI decided to act as the secretariat. The member companies decided to keep pace with each other to create a utilization ecosystem, such as discovering quantum computing industrialization technology and application fields, developing solutions, and securing users.

At the event, a quantum information science technology exchange meeting was held with about 60 key figures and experts in the field of quantum computing at home and abroad in attendance. At this exchange meeting, they had time to share the status of the European quantum computing ecosystem, the necessity of quantum computing in terms of industry, domestic quantum computing-related services, and the research status of companies using them.

An on-site meeting was also held to discuss ways to promote the use of the quantum computing industry by gathering officials from academia, industry, research, and government. Strategies and implementation plans for the success of the project were also discussed in relation to the government’s recent decision to promote a public-private joint national strategic technology project to narrow the technology gap in the field of quantum computing with the goal of becoming one of the “four largest global powerhouses by 2030.”

Kim Dong-ho, managing director of POSCO Holdings, said, “Member companies will do their best to achieve the strategic goals by 2030 and vitalize the quantum computing industry.” We will do our best to make it possible,” he said.

                                                                     [ Reporter Park Geun-tae, Chosun Ilbo, nov 8, 2022]