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Samsung Electronics becomes largest shareholder of South Korea's Rainbow Robotics

SEOUL (Reuters) – Samsung Electronics became the largest shareholder of South Korea’s Rainbow Robotics, the robotics company said in a regulatory filing on Tuesday.

Samsung, which had previously invested in the robotics company, newly took a 267 billion won ($181 million) stake, the filing said.

(Reporting by Joyce Lee; Editing by Chris Reese)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

source: https://theprint.in/tech/samsung-electronics-becomes-largest-shareholder-of-south-koreas-rainbow-robotics/2425391/

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