Samsung Electronics Becomes Largest Shareholder of Rainbow Robotics, Acquiring Stake for 267 Billion Won and Establishing Future Robotics Office

Dec 30, 2024, 10:57 PM

Samsung Electronics has acquired a majority stake in South Korea's Rainbow Robotics, becoming its largest shareholder. The company will purchase a stake valued at 267 billion won. This investment is aimed at accelerating the development of future robotics, including humanoid robots. In conjunction with this move, Samsung has established a new Future Robotics Office that will report directly to the CEO, signaling a strategic focus on advancing its robotics capabilities.