He will provide expertise in robotics technology and business for Samsung's future robot development. "Samsung Electronics to increase stake in Rainbow Robotics to 35% " was origi

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.

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 Electronics is growing its influence in South Korea and the tech industry. The company announced that it had achieved the status of the largest shareholder in Rainbow Robotics, a South Korean robotics manufacturer.