An insightful look into 'Samsung invests $180M+ in Rainbow Robotics to become largest shareholder'

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

Samsung Electronics has cemented its position as a leader in robotic technology by becoming the largest shareholder of Rainbow Robotics Inc., increasing its stake to 35% with an investment exceeding $180 million. This strategic move aims to bolster Samsung's capabilities in advanced and humanoid robotics, leveraging Rainbow Robotics' expertise, including their hallmark achievement, Korea's first two-legged walking robot, "Hubo." Founded by KAIST researchers, Rainbow Robotics has also developed a range of industrial robots. Samsung plans to integrate these technologies into its manufacturing and logistics operations, enhancing efficiency and safety through AI and automation. Furthermore, the establishment of a dedicated Future Robotics Office underscores Samsung's commitment to making robotics a pivotal growth engine, under the guidance of Dr. Jun-Ho Oh, a
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Samsung Becomes Largest Shareholder in Rainbow Robotics with $180M Investment

Samsung's Strategic Investment in Robotics

Samsung Electronics Co. Ltd. has announced its decision to become the largest shareholder in Rainbow Robotics Inc., a leading South Korean robotics company, by increasing its stake to 35% through an investment of more than 267 billion won, equivalent to approximately $181 million.

Advancing Robotic Technology

This significant investment is part of Samsung’s strategic efforts to bolster its development of advanced robotic technologies, with a particular focus on humanoid robots. Samsung initially acquired a 14.7% stake in 2023, with an investment of 86.6 billion won.

Rainbow Robotics: A Pioneer in Robotics

Rainbow Robotics was founded in 2011 by researchers from the Korea Advanced Institute of Technology’s (KAIST) Humanoid Robot Research Center. The company is renowned for developing Korea’s first bipedal walking robot, "Hubo." It also specializes in industrial robots, quadrupeds, dual-arm manipulators, and collaborative robots.

Integration of Robotics and Automation

Samsung plans to leverage Rainbow Robotics' collaborative and industrial robots to enhance manufacturing and logistics automation processes. This integration of robotics with artificial intelligence is expected to significantly upgrade operational capabilities and safety by effectively analyzing and learning from situational data.

A Global Perspective on Robotics and AI

Globally, several companies, including Tesla Inc., Boston Dynamics Inc., and Figure AI Inc., are innovating autonomous robots powered by AI to boost industrial efficiency and safety. Additionally, Nvidia Corp., a leader in AI technology, introduced AI models for humanoid robots, and reports suggest that OpenAI is exploring its own humanoid robot endeavors.

Future Prospects and Strategic Leadership

"As part of our strategic vision, Rainbow Robotics will become a subsidiary of Samsung, utilizing our global sales network to extend its reach overseas," stated a Samsung spokesperson.

The Establishment of Samsung’s Future Robotics Office

In response to growing market trends, Samsung has established a dedicated Future Robotics Office, directly reporting to CEO Ha Jong-hee. Dr. Jun-Ho Oh, a co-founder of Rainbow Robotics and an honorary professor at KAIST, has been appointed to lead this new division, tasked with advancing robotic technologies to become a core growth engine for Samsung.

With its extensive expertise in automation, AI, and process mapping, Jengu.ai continues to monitor such industry developments, providing insightful and authoritative coverage on groundbreaking advancements in the field of robotics.

``` This professional news piece is structured for Jengu.ai's audience, focusing on the implications and strategic importance of Samsung's investment in the evolving landscape of robotics and AI.
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