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IQM’s First Quantum Computer in Asia-Pacific Goes Online, Set to Open Office in Seoul

News

IQM’s First Quantum Computer in Asia-Pacific Goes Online, Set to Open Office in Seoul
News

News

IQM’s First Quantum Computer in Asia-Pacific Goes Online, Set to Open Office in Seoul

2025-05-13 17:08 Last Updated At:17:10

SEOUL, South Korea--(BUSINESS WIRE)--May 13, 2025--

IQM Quantum Computers, a global leader in superconducting quantum computers, has announced expanding its presence in Asia-Pacific with a new office opening in South Korea in June 2025, following the installation of its first quantum system at Chungbuk National University (CBNU).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250513710683/en/

The office in Seoul reinforces IQM’s dedication to collaborating with research and academic institutions, high-performance computing (HPC) centers, and enterprises in advancing quantum technology. It also supports South Korea in building a vibrant quantum ecosystem and achieving the goals of its national quantum strategy.

As part of the expansion, IQM has appointed Youngsim Kim as a Country Manager for South Korea. “We are excited to welcome Youngsim, and with a wealth of quantum knowledge, leadership experience and regional expertise, we are confident she will drive our growth and strategic initiatives in Korea,” said Mikko Välimäki, Co-CEO of IQM Quantum Computers.

Kim has over a decade of experience in various industries and a track record in sales, business transformations and change, and people leadership.

“I am particularly impressed with IQM’s innovative technology approach and strategic focus on its global expansion. I am eager to contribute to the company’s growth by driving new business opportunities and supporting customers,” she stated.

This expansion builds on IQM’s delivery of IQM Spark, a 5-qubit superconducting on-premises quantum computer at Chungbuk National University, marking a significant achievement for the company in deploying the system within four months.

Cho Young-chul, Head of Chungbuk National University’s Industry-Academic Cooperation Foundation, said, "We hope that it will serve as a bridgehead to strengthen the competitiveness of future industries by carrying out practical R&D and spreading academic results using quantum computers," adding, "We will integrate quantum computing with various fields to support the development of talented people and the leading development of the quantum industry in Chungbuk."

“This latest deployment and record lead time further cements our role as a global leader in accelerating the adoption of quantum computing by making quantum computers more open, accessible and practical for researchers and university students worldwide,” added Välimäki.

About IQM Quantum Computers:

IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea and the United States.

From left to right: Ben Lee and Mikko Välimäki of IQM Quantum Computers, Professor Kim Kiwoong of Chungbuk National University, Jyri Järviaho, Ambassador of Finland to South Korea, Jaana Tuomi, of Enter Espoo, Guensuk Ko of CBIST

From left to right: Ben Lee and Mikko Välimäki of IQM Quantum Computers, Professor Kim Kiwoong of Chungbuk National University, Jyri Järviaho, Ambassador of Finland to South Korea, Jaana Tuomi, of Enter Espoo, Guensuk Ko of CBIST

CHICAGO (AP) — Naz Reid scored a season-high 33 points off the bench, Anthony Edwards added 23, and the Minnesota Timberwolves routed the Bulls 136-101 on Monday night after Chicago lost top scorers Coby White and Josh Giddey to injuries.

Julius Randle had 17 points as Minnesota pulled away in the third quarter in the opener of a four-game trip. Donte DiVincenzo and Bones Hyland scored 12 each as Minnesota shot 53.7% after a cold start.

Nikola Vucevic led Chicago with 23 points, but the depleted Bulls couldn't keep pace and lost a second straight following a five-game winning streak that had lifted them back to .500. Chicago shot just 40.9%, and committed 16 turnovers compared to three by Minnesota.

White, Chicago’s leading scorer, exited with a right calf strain in the first quarter.

Giddey, Chicago’s second-leading scorer, walked off the court gingerly with an apparent left hamstring injury in the first minute of the second half after scoring 11 points.

White, who entered averaging 20.5 points, missed the first 11 games this season with similar calf injury. Giddey entered averaging 19.5 points, 9.2 assists and 9.1 rebounds. He is second in the NBA with seven triple-doubles.

Before the game, Bulls coach Billy Donovan said Zach Collins will probably miss several games with a sprained right big toe.

Minnesota’s Mike Conley played in his 1,200th game.

The Timberwolves took charge in the third quarter after the Bulls tied it at 55 in the opening minute of the period. Minnesota outscored Chicago 40-28 in the frame and took a 95-78 lead into the fourth.

The Timberwolves led 55-50 at the half after trailing by as much as nine midway through the second quarter. Edwards led the comeback, scoring his first 11 points consecutively on three 3’s and a pair of free throws.

Timberwolves: At Atlanta on Wednesday night.

Bulls: Host New Orleans on Wednesday night.

AP NBA: https://apnews.com/NBA

Minnesota Timberwolves' Rudy Gobert (27) dunks during the first half of an NBA basketball game against the Chicago Bulls, Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Minnesota Timberwolves' Rudy Gobert (27) dunks during the first half of an NBA basketball game against the Chicago Bulls, Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Chicago Bulls' Nikola Vucevic (9) battles Minnesota Timberwolves' Naz Reid (11) for a rebound during the first half of an NBA basketball game Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Chicago Bulls' Nikola Vucevic (9) battles Minnesota Timberwolves' Naz Reid (11) for a rebound during the first half of an NBA basketball game Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Minnesota Timberwolves' Bones Hyland (8) celebrates after making a 3-point basket during the first half of an NBA basketball game against the Chicago Bulls, Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Minnesota Timberwolves' Bones Hyland (8) celebrates after making a 3-point basket during the first half of an NBA basketball game against the Chicago Bulls, Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Chicago Bulls' Josh Giddey (3) goes up to shoot against Minnesota Timberwolves' Jaden McDaniels (3) during the first half of an NBA basketball game Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Chicago Bulls' Josh Giddey (3) goes up to shoot against Minnesota Timberwolves' Jaden McDaniels (3) during the first half of an NBA basketball game Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Minnesota Timberwolves' Naz Reid celebrates during the second half of an NBA basketball game against the Chicago Bulls, Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

Minnesota Timberwolves' Naz Reid celebrates during the second half of an NBA basketball game against the Chicago Bulls, Monday, Dec. 29, 2025, in Chicago. (AP Photo/Paul Beaty)

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