Samsung Electronics Announces It Will Establish Robotics Division, May Add New Long-Term Growth Engine, Samsung Shares Rise Over 5%
TradingKey - On July 21, Samsung Electronics announced the establishment of its "Robotics eXperience" (RX) division. The new department will report directly to the CEO and is tasked with formulating medium-to-long-term robotics business strategies, researching core technologies, and driving product commercialization, while expanding Samsung's robotics R&D capabilities in South Korea and overseas.