Samsung becomes largest shareholder in Rainbow Robotics

Samsung Electronics becomes largest shareholder of South Korea's Rainbow Robotics
Samsung Electronics became the largest shareholder of South Korea's Rainbow Robotics , the robotics company said in a regulatory filing on Tuesday.
Samsung To Raise Stake In Rainbow Robotics, Becoming Korean Robot Maker’s Top Shareholder
Rainbow Robotics was founded in 2011 by a team from South Korea’s KAIST. The team developed the country’s first two-legged walking robot in 2005.
Rainbow Robotics Becomes Subsidiary of Samsung Electronics
Samsung Electronics has announced that it will become the largest shareholder in Rainbow Robotics to accelerate future robot development such as humanoid robots. Samsung first acquired a 14.7% stake in the Korean firm in 2023 with an investment of KRW 86.
Samsung becomes the largest shareholder in Rainbow Robotics
While there are no official figures in Samsung’s statement, a Reuters report claims that they invested KRW 267 billion—about $181 million—to become the largest shareholder in Rainbow Robotics.
Samsung invests $180M+ in Rainbow Robotics to become largest shareholder
Samsung Electronics Co. Ltd. announced today that it will become the largest shareholder in Rainbow Robotics Inc., a South Korean robot maker, by increasing its stake in the company to 35% by spending more than 267 billion won, or about $181 billion.
Samsung invests in Rainbow Robotics
Samsung is strengthening its commitment to robot development and investing in its stake in robotics company Rainbow Robotics.
Samsung Electronics Takes Majority Stake in Rainbow Robotics
Samsung Electronics has secured the largest shareholder position in Rainbow Robotics, a South Korean robotics company, as revealed in a regulatory filing on Tuesday. The tech giant acquired a 267 billion won ($181 million) stake in the company,

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