Samsung invests $180M+ in Rainbow Robotics to become largest shareholder - SiliconANGLE

Samsung invests $180M+ in Rainbow Robotics to become largest shareholder - SiliconANGLE
siliconangle.com

by Kyt Dotson • 1 month ago

Samsung Electronics will become the largest shareholder in South Korea's Rainbow Robotics, increasing its stake to 35% through an investment of over $180 million. This move aims to enhance Samsung's capabilities in advanced robotics, particularly humanoid robots. Rainbow Robotics, founded by KAIST researchers, is known for its innovations in robotics. Samsung plans to leverage this partnership to improve manufacturing and logistics automation while establishing a Future Robotics Office to drive future developments.

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