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Reading: Samsung Increases Stake in Rainbow Robotics to Propel Humanoid Development
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Robotics

Samsung Increases Stake in Rainbow Robotics to Propel Humanoid Development

Highlights

  • Samsung boosts Rainbow Robotics stake to 35%.

  • Partnership aims to advance intelligent humanoid development.

  • Dr. Jun-Ho Oh leads Samsung’s Future Robotics Office.

Ethan Moreno
Last updated: 31 December, 2024 - 8:39 pm 8:39 pm
Ethan Moreno 4 months ago
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In a strategic move to advance its robotics capabilities, Samsung Electronics has significantly increased its ownership in Rainbow Robotics. This decision highlights Samsung’s commitment to leading the development of humanoid robots and integrating advanced technologies into their product range. The partnership aims to leverage Samsung’s expertise in artificial intelligence alongside Rainbow’s innovative robotics solutions.

Contents
How will the increased stake affect Rainbow Robotics’ operations?What are the key products involved in this partnership?Who will lead Samsung’s future robotics initiatives?

Samsung’s recent investment builds upon its previous engagements with robotics startups, further consolidating its position in the robotics industry. Unlike earlier stages where Samsung held a minority stake, the substantial increase to 35% signals a deeper involvement and long-term commitment to Rainbow Robotics’ projects and technologies.

How will the increased stake affect Rainbow Robotics’ operations?

With Samsung Electronics now holding a 35% stake, Rainbow Robotics will benefit from greater financial support and access to Samsung’s extensive resources.

“By becoming our largest shareholder, Samsung will accelerate the development of intelligent advanced humanoids,”

a Samsung spokesperson noted. This enhanced collaboration is expected to streamline research and development efforts, fostering innovation within Rainbow’s existing product lines.

What are the key products involved in this partnership?

The partnership focuses on Rainbow Robotics’ range of collaborative robots, including the RB-Y1 dual-armed mobile manipulator and autonomous mobile robots (AMRs). Samsung plans to integrate these products into its manufacturing and logistics operations, utilizing AI algorithms to improve their learning and adaptability.

“Integrating our AI with Rainbow’s robotics will transform our automation capabilities,”

stated a Samsung representative.

Who will lead Samsung’s future robotics initiatives?

Dr. Jun-Ho Oh, a co-founder of Rainbow Robotics and honorary professor at KAIST, will oversee Samsung’s Future Robotics Office. After retiring from Rainbow, Dr. Oh will serve as an advisor and head of the new office, bringing his extensive experience in robotics technology and business strategy. This leadership is expected to drive the development of new humanoid robots and enhance Samsung’s competitive edge in the robotics sector.

The integration of Samsung’s AI and global sales infrastructure with Rainbow Robotics’ technological advancements positions both companies to effectively compete in the international robotics market. This collaboration not only strengthens their existing offerings but also opens avenues for future innovations and market expansions.

Samsung’s increased stake and the establishment of the Future Robotics Office underscore the company’s dedication to becoming a key player in the robotics industry. By combining resources and expertise, Samsung and Rainbow Robotics are poised to make significant strides in the development of advanced humanoid robots.

  • Samsung boosts Rainbow Robotics stake to 35%.
  • Partnership aims to advance intelligent humanoid development.
  • Dr. Jun-Ho Oh leads Samsung’s Future Robotics Office.
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Ethan Moreno
By Ethan Moreno
Ethan Moreno, a 35-year-old California resident, is a media graduate. Recognized for his extensive media knowledge and sharp editing skills, Ethan is a passionate professional dedicated to improving the accuracy and quality of news. Specializing in digital media, Moreno keeps abreast of technology, science and new media trends to shape content strategies.
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