Will Samsung Electronics resume large-scale M&As by acquiring Rainbow Robotics?
Samsung Electronics has been seeking to conduct large-scale buyouts for years and the company's recent purchase of shares in Rainbow Robotics, a robot development company, is drawing attention, according to industry officials, Monday. Samsung Electronics virtually stopped its corporate acquisitions after acquiring Harman, a U.S. automotive electronics maker, in 2017 for 9 trillion won ($6.88 billion).
Source: koreatimes.co.kr