Samsung Invests $181 Billion In Robotics: A Bold Step Toward Humanoid Innovation

by THEFUTURE.TEAM

December 31, 2024

Samsung Electronics has made a game-changing move by becoming the largest shareholder of Rainbow Robotics, a South Korean robotics company. With this $181 billion investment, Samsung now holds a 35% stake in the firm, signaling its determination to dominate the robotics industry.

Key Facts

Strategic Acquisition: Samsung’s stake, previously under 15%, has now expanded to 35%, with Rainbow Robotics set to become a subsidiary by February 2025.
Humanoid Focus: This move will bolster Samsung’s robotics division and fast-track the development of humanoid robots.
Global Expansion: The deal opens doors for Rainbow Robotics to leverage Samsung’s vast global network to enter international markets.
Future Robotics Office: Samsung will establish a dedicated Future Robotics Office, reporting directly to the CEO, to oversee its robotics ventures.

About Rainbow Robotics

Founded in 2011 by KAIST researchers, Rainbow Robotics specializes in advanced robotics, including dual-arm mobile manipulators and autonomous robots for manufacturing and logistics.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

The Bigger Picture

Samsung’s investment positions it alongside tech giants like Microsoft, OpenAI, Tesla, and Nvidia in the race to develop autonomous humanoid robots. Notable competitors include Tesla’s Optimus and Nvidia’s upcoming Jetson Thor compact computers for humanoid applications.

This investment also aligns with Samsung’s 2022 announcement that robotics, AI, 5G, and automotive electronics would be central to its long-term strategy. The deal underscores Samsung’s vision of becoming a leader in transformative technologies.

The Future Forbes Realty Global Properties

Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

July 24, 2026

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

Breaking news