Market Chatter: Samsung Electronics to Establish Robotics Division to Drive Future Growth

MT Newswires Live

Jul 21

Samsung Electronics (KRX:005930) will establish a robotics division to accelerate the development and commercialization of robotics technologies as it looks to make it a part of its future growth engine, Reuters reported Tuesday, citing a company statement.

The South Korea-based technology company said that the new RX, or 'Robotics eXperience,' division will be headed by its chief executive, while its Executive Vice President, Lee Dongkun, will head the Robotics Strategy Team, the report said.

The new division will oversee the company's mid-to-long-term robotics strategy, core technology development and commercialization, and expand its research capabilities, with plans to open new robotics research hubs in the US, China, and Japan to strengthen its competitiveness, the report said.

Samsung Electronics did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DRAL","symbol_name":"2倍做多DRAM ETF-Defiance","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2653822393","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653822393","pubTimestamp":1784606092,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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