Samsung Electronics History
Samsung Electronics was established on January 13, 1969, in Suwon, South Korea, as the industrial electronics arm of Samsung Group. It grew into a global powerhouse in semiconductors, displays, smartphones, and consumer electronics, with approximately $200 billion in annual revenue.
Samsung's robotics ambitions became public at CES 2019-2020 with Ballie, a rolling AI companion, and Bot Handy, a mobile manipulator. Ballie captured global attention but was significantly redesigned by CES 2024 and had not shipped by CES 2026.
Samsung's most significant robotics move came in December 2024, when it invested KRW 267 billion ($181.6 million) to increase its stake in Rainbow Robotics to 35%, becoming the largest shareholder. Rainbow was incorporated as a Samsung subsidiary, and a Future Robotics Office was established reporting directly to the CEO.
Samsung's strategy combines Rainbow Robotics' hardware expertise with Samsung's AI, semiconductor, and software capabilities to accelerate humanoid robot development for industrial and consumer markets.