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Samsung Spends 267 Billion Won to Become the Largest Shareholder of Korean Robotics Company Rainbow Robotics and Establishes Office of Future Robotics
Dec. 31 (Bloomberg) -- South Korean robotics company Rainbow Robotics said in a regulatory filing Tuesday that Samsung Electronics has become the company's largest shareholder. The document shows that Samsung spent 267 billion won (note: currently about 1.322 billion yuan) to buy a large number of shares in Rainbow Robotics. Previously, Samsung Electronics was already Rainbow Robotics' second-largest shareholder, holding 14.71% of the company's shares, or about 2.85 million shares. And in this ...- 856
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