Robot stocks surged early on the 22nd after news that Samsung Electronics would create a dedicated robotics unit reporting directly to the CEO.
As of 9:22 a.m., Rainbow Robotics(277810) was trading at 503,000 won, up 22.24% (91,500 won) from the previous session.
In 2024, Samsung Electronics secured the position of largest shareholder of Rainbow Robotics.
Cosmo Robotics(439960), Hyulim A-Tech(078590), TXR Robotics(484810), Hyulim Robot(090710), Irobotics(066430), NRobotics(138360), Doosan Robotics(454910), ROBOTIS(108490), and Clobot(466100), stocks grouped as robot plays, were also all rising.
A day earlier, on the 21st, Samsung Electronics said it would set up the RX (Robotics eXperience) Business Promotion Office under the direct control of the CEO. The plan is to nurture robots as a key pillar of future growth engines and secure competitiveness in next-generation businesses.