Svmuu News: Boosted by Samsung Electronics’ accelerated expansion into the robotics business, South Korean robotics-related stocks rose across the board during early trading on the 22nd. As of 9:22 a.m. (8:22 a.m. Beijing Time), Rainbow Robotics was up 22.72%, having surged as much as 28.55% during the session; Doosan Robotics rose 12.68%, RobotiZ rose 15.48%, Neuromeka rose 10.17%, and Robotstar rose 16.64%. Both Cosmo Robotics and TXR Robotics hit their daily trading limits.
Analysts believe that Samsung’s consolidation of robotics business resources, acceleration of decision-making, and expected increase in capital investment will have a positive impact on South Korea’s robotics industry in the medium to long term. (Yonhap News)