Rainbow Robotics
Assembly Line
Samsung Electronics To Become Largest Shareholder in Rainbow Robotics Accelerating Future Robot Development
Samsung Electronics today 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 investment of KRW 86.8 billion, and exercises a call option to increase its stake to 35%. Rainbow Robotics will also be incorporated as a subsidiary under Samsung Electronics’ consolidated financial statements.
Through collaboration with Rainbow Robotics, Samsung will further strengthen its foundation in the development of advanced robot technology. Rainbow Robotics was founded in 2011 by researchers from the Korea Advanced Institute of Science & Technology’s (KAIST) Humanoid Robot Research Center who developed the first two-legged walking robot “Hubo” in Korea.
By combining Samsung Electronics’ AI and software technology with Rainbow Robotics’ robotics technology, the collaboration plans to accelerate the development of intelligent advanced humanoids.