Samsung Acquires 35% Stake in Rainbow Robotics for $181M

Samsung acquires 35% stake in Rainbow Robotics for $181M to advance humanoid robot development.

Samsung Electronics has become the largest shareholder in Rainbow Robotics, a South Korean robotics company. Samsung bought a 35% stake for KRW 267 billion (approximately $181 million). This will help Samsung develop humanoid robots faster.

Why Samsung Bought Rainbow Robotics

1. Strengthening Samsung’s Robotics Division

  • Samsung raised its stake in Rainbow Robotics from 14.7% to 35%.
  • The goal: Advance humanoid robot development.
  • Samsung plans to set up a Future Robotics Office.

2. Expanding to Global Markets

  • Rainbow Robotics is known for its dual-arm mobile manipulators and autonomous robots.
  • With Samsung’s backing, Rainbow will expand internationally.
  • The deal will be finalized by February 2025.

3. Leadership and Future Plans

  • Dr. Jun-ho Oh, Rainbow’s founder, will lead Samsung’s new Future Robotics Office.
  • He will also act as an advisor to Samsung.

Humanoid Robots: A Growing Market

1. Samsung Joins the Humanoid Robot Race

  • Microsoft, Tesla, and Nvidia are also developing humanoid robots.
  • Tesla introduced the Optimus robot.
  • Nvidia is working on Jetson Thor, a new line of computers for robots, coming in 2025. Learn more about it here.

2. Samsung’s Focus on AI and Robotics

  • Samsung has said robotics, AI, 5G, and automotive electronics will drive its future growth.

Conclusion: What This Means for the Future of Robotics

  • Samsung’s $181 million acquisition of Rainbow Robotics shows its commitment to robotics and AI.
  • By increasing its stake, Samsung plans to lead in humanoid robot development.
  • This partnership will help Samsung stay ahead in the growing AI-driven technology industry.

Learn more about Samsung’s future robotics investments and the funding for humanoid robots by checking out the full article here.

Image Credits: Samsung 

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