SKB, KT, and LGU+ Selected as Lead Companies for Quantum Cryptography Infrastructure Project

[Asia Economy Reporter Koo Chae-eun] On the 3rd, the Ministry of Science and ICT selected the organizations to carry out the quantum cryptography communication pilot infrastructure construction project. Three major mobile communication companies, SK Broadband, KT, and LG Uplus, were evenly chosen as lead organizations.

The government conducted an open call for the quantum cryptography communication pilot infrastructure construction project from July to August. As a result, KT, SKB, and LGU+ were selected as lead companies, and these three companies signed agreements with eight consortiums. They plan to build quantum cryptography communication equipment and quantum-resistant cryptography systems across 16 sections in the public, medical, and industrial sectors and to discover application services.

The demand institutions by sector include Gwangju Metropolitan City Hall, Jeonnam and Gangwon Provincial Offices in the public sector; Yonsei Medical Center, St. Mary's Hospital, and Eulji University Hospital in the medical sector; and Hanwha Systems, Woori Bank, CJ OliveNetworks, Hyundai Innotek, and LG Innotek in the industrial sector.

This project supports building systems that can be practically used in public, medical, and industrial fields by utilizing quantum cryptography communication technology. Additionally, by linking large corporations and SMEs through consortiums, it aims to spread quantum cryptography communication technology and establish a foundation to nurture SMEs and venture companies that will become the cornerstone of the quantum industry through a trickle-down effect.

Heo Seong-wook, Director of the Information Security Network Policy Bureau at the Ministry of Science and ICT, stated, “Through this project, we expect that quantum cryptography communication technology developed through years of investment by domestic universities, research institutes, telecom companies, and SMEs will be applied in various fields.”

This content was produced with the assistance of AI translation services.