Rainbow Robotics welcomes Samsung as top shareholder

Samsung unveils new robotics office after boosting its stake in Rainbow Robotics.

Samsung becomes largest shareholder in Rainbow Robotics with a £159 million stake.

Samsung Electronics has become the largest shareholder of South Korea’s Rainbow Robotics, solidifying its position in the robotics sector. The company acquired an additional stake worth 267 billion won (£159 million), according to a regulatory filing by Rainbow Robotics.

The move raises Samsung’s holding in Rainbow Robotics from 14.71% to a controlling position. Prior to this, the firm’s founder, Oh Jun-ho, and related entities held the largest stake in the robotics company.

Samsung plans to establish a Future Robotics Office, which will report directly to the CEO. Moreover, this step underscores its commitment to advancing robotics as a strategic priority for future growth.

The acquisition is expected to enhance Samsung’s influence in robotics innovation and strengthen its role in shaping the industry’s future.