{"id":1014510,"date":"2026-10-28T07:12:30","date_gmt":"2026-10-28T11:12:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lg-cns-and-d-wave-announce-strategic-relationship-to-advance-quantum-optimization-adoption-in-south-korea\/"},"modified":"2026-10-28T07:12:30","modified_gmt":"2026-10-28T11:12:30","slug":"lg-cns-and-d-wave-announce-strategic-relationship-to-advance-quantum-optimization-adoption-in-south-korea","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lg-cns-and-d-wave-announce-strategic-relationship-to-advance-quantum-optimization-adoption-in-south-korea\/","title":{"rendered":"LG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea"},"content":{"rendered":"

<\/p>\n

LG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea<\/strong><\/p>\n

Companies to combine commercial quantum computing technology with enterprise optimization expertise to accelerate quantum use case identification, development and deployment in Asia<\/i><\/p>\n

SEOUL, South Korea & PALO ALTO, Calif.–(BUSINESS WIRE<\/a>)–D-Wave Quantum Inc.<\/a> (NASDAQ: QBTS) (\u201cD-Wave\u201d or the \u201cCompany\u201d), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, and LG CNS Co., Ltd. (\u201cLG CNS\u201d), a leading AI transformation company in South Korea, today announced that the companies have signed a non-binding memorandum of understanding (\u201cMOU\u201d) to advance the adoption of quantum computing for enterprise optimization in South Korea and international markets. The collaboration will focus on applying D-Wave\u2019s annealing quantum computing technology to complex optimization challenges, with the goal of moving applications from proof of concept into production.<\/p>\n

\nD-Wave CEO Dr. Alan Baratz and LG CNS President and CEO Hyun Shin-Gyoon announced the MOU onstage at D-Wave\u2019s Qubits Asia<\/a> conference in Seoul today. The companies intend to combine D-Wave\u2019s annealing quantum computing technologies with LG CNS\u2019s industry expertise, mathematical optimization capabilities and systems integration experience to develop applications for customers in manufacturing, telecommunications, finance and retail. The companies also intend to pursue joint go-to-market opportunities.<\/p>\n

\nLG CNS brings extensive mathematical optimization expertise across industries, including manufacturing and the public sector, with end-to-end capabilities spanning problem definition, mathematical modeling, algorithm validation and real-world implementation. LG CNS has also been conducting research on applying mathematical optimization and quantum computing to real-world industrial challenges, including image reconstruction and inspection and the detection of underground anomalies.<\/p>\n

\n\u201cTo generate meaningful results from quantum computing in industrial settings, quantum technology must be supported by a deep understanding of industries and strong optimization capabilities,\u201d said Hyun Shin-Gyoon, CEO of LG CNS. \u201cThrough our collaboration with D-Wave Quantum, we will connect quantum computing to real-world customer problems and new business opportunities, accelerating the commercialization of related services.\u201d<\/p>\n

\n\u201cD-Wave\u2019s commercial-grade annealing quantum computing technology is driving positive business outcomes for customers today,\u201d said Dr. Alan Baratz, CEO of D-Wave. \u201cLG CNS understands both the optimization problems enterprises need to solve and the systems those solutions must work within. By combining that expertise with our technology, we intend to help enterprises in South Korea and beyond move from evaluating quantum computing to deploying applications that deliver measurable business value.\u201d<\/p>\n

\nOptimization underpins critical business decisions, from scheduling factory production and routing deliveries to allocating resources. As the number of variables and constraints grows, finding high-quality solutions within operational time limits becomes increasingly difficult. D-Wave\u2019s annealing quantum computing technology is designed to address these challenges, with customers already running hybrid-quantum applications in production. The collaboration aims to bring that capability to LG CNS clients seeking to reduce costs, improve efficiency and respond faster to changing conditions.<\/p>\n

\nLearn more about D-Wave\u2019s quantum optimization technology here<\/a>.<\/p>\n

About D-Wave Quantum Inc.<\/strong><\/p>\n

\nD-Wave is a leader in the development and delivery of quantum computing systems, software and services. It is the world\u2019s first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave\u2019s mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap\u2122 quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. Learn more about realizing the value of quantum computing today and how D-Wave is shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com<\/a>.<\/p>\n

About LG CNS<\/b><\/p>\n

\nLG CNS is a leading Korean AX (AI Transformation) company that continues to pioneer various emerging technologies, including AI, robotics, cloud computing, data center, and smart engineering, encompassing smart factories and smart logistics, as well as digital marketing. The company also leads the market through innovative system integration (SI) and system management (SM) capabilities across finance, manufacturing, the public sector, and various other industries. For more information, please visit https:\/\/www.lgcns.com<\/a>.<\/p>\n

Forward-Looking Statements<\/strong><\/b><\/p>\n

\nCertain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by the following words: \u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201ctrend,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cpotential,\u201d \u201cseem,\u201d \u201cseek,\u201d \u201cfuture,\u201d \u201coutlook,\u201d \u201cforecast,\u201d \u201cprojection,\u201d \u201ccontinue,\u201d \u201congoing,\u201d or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management\u2019s control, including the risks discussed under the caption \u201cItem 1A. Risk Factors\u201d in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption \u201cItem 1A. Risk Factors\u201d in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261028648483\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n<\/strong>
Alex Daigle
\n
media@dwavesys.com<\/a><\/p>\n

KEYWORDS:<\/b> California South Korea United States North America Asia Pacific<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Technology Software Networks Artificial Intelligence Internet Hardware<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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LG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea Companies to combine commercial quantum computing technology with enterprise optimization expertise to accelerate quantum use case identification, development and deployment in Asia SEOUL, South Korea & PALO ALTO, Calif.–(BUSINESS WIRE)–D-Wave Quantum Inc. (NASDAQ: QBTS) (\u201cD-Wave\u201d or the \u201cCompany\u201d), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, and LG CNS Co., Ltd. (\u201cLG CNS\u201d), a leading AI transformation company in South Korea, today announced that the companies have signed a non-binding memorandum of understanding (\u201cMOU\u201d) to advance the adoption of quantum computing for enterprise optimization in South Korea and international markets. The collaboration will focus on applying D-Wave\u2019s annealing … <\/p>\n

Continue reading “LG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1014510","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lg-cns-and-d-wave-announce-strategic-relationship-to-advance-quantum-optimization-adoption-in-south-korea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea Companies to combine commercial quantum computing technology with enterprise optimization expertise to accelerate quantum use case identification, development and deployment in Asia SEOUL, South Korea & PALO ALTO, Calif.–(BUSINESS WIRE)–D-Wave Quantum Inc. (NASDAQ: QBTS) (\u201cD-Wave\u201d or the \u201cCompany\u201d), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, and LG CNS Co., Ltd. (\u201cLG CNS\u201d), a leading AI transformation company in South Korea, today announced that the companies have signed a non-binding memorandum of understanding (\u201cMOU\u201d) to advance the adoption of quantum computing for enterprise optimization in South Korea and international markets. 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(NASDAQ: QBTS) (\u201cD-Wave\u201d or the \u201cCompany\u201d), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, and LG CNS Co., Ltd. (\u201cLG CNS\u201d), a leading AI transformation company in South Korea, today announced that the companies have signed a non-binding memorandum of understanding (\u201cMOU\u201d) to advance the adoption of quantum computing for enterprise optimization in South Korea and international markets. 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