{"id":17790,"date":"2023-04-17T13:00:00","date_gmt":"2023-04-17T13:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4070317_CN70317_0"},"modified":"2023-04-17T13:00:00","modified_gmt":"2023-04-17T13:00:00","slug":"rainbow-robotics-sets-up-a-branch-company-in-the-u-s-to-accelerate-the-globalization-process","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=17790","title":{"rendered":"Rainbow Robotics Sets Up a Branch Company in the U.S. to Accelerate the Globalization Process"},"content":{"rendered":"<ul type=\"disc\">\n<li><b>Rainbow Robotics has established a branch company in &#8216;<span class=\"xn-location\">Schaumburg<\/span>&#8216;, U.S., a major industrial cluster of global machinery companies<\/b><\/li>\n<li><b>Rainbow Robotics taps into the market with competitively priced collaborative robots<span id=\"spanHghlt64a2\">&nbsp;(cobots) <\/span>for a quick return on investment<\/b><\/li>\n<\/ul>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SCHAUMBURG, Ill.<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 17, 2023<\/span><\/span> \/PRNewswire\/ &#8212; Rainbow Robotics (CEO <span class=\"xn-person\">Jungho Lee<\/span>) announced on the <span id=\"spanHghlta151\">17<sup>th <\/sup><\/span>of this month that it has established a branch company in <span class=\"xn-location\">Schaumburg, Illinois<\/span>, U.S.A.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"12\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2054126\/image_1.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2054126\/image_1.jpg?p=medium600\" title=\"Rainbow Robotics features five models of cobots: RB3-730, RB3-1200, RB5-850, RB10-1300, and RB16-900.\" alt=\"Rainbow Robotics features five models of cobots: RB3-730, RB3-1200, RB5-850, RB10-1300, and RB16-900.\"> <\/a> <br \/><span>Rainbow Robotics features five models of cobots: RB3-730, RB3-1200, RB5-850, RB10-1300, and RB16-900.<\/span><\/p>\n<\/p><\/div>\n<p>Rainbow Robotics has set up a branch company in &#8216;<span class=\"xn-location\">Schaumburg<\/span>&#8216;, one of the major industrial clusters of global machinery companies, in order to tap into the U.S. market by selling collaborative robots <span id=\"spanHghlt67b9\">(cobots)<\/span> and forming a customer management team.<\/p>\n<p>Prior to this, Rainbow Robotics had set up two distributors in <span class=\"xn-location\">Germany<\/span> to secure a foothold in the European market.&nbsp;Rainbow Robotics is also currently preparing to collaborate with global system integrators in the U.S. and European markets and recruiting <span id=\"spanHghlte594\">domestic<\/span> sales agents accordingly.<\/p>\n<p>Rainbow Robotics is the only company in Korea to develop and make robot platforms integrated with core components and component technologies, and it now plans to expand its global market share in the U.S. and <span class=\"xn-location\">Europe<\/span> with collaborative robots by significantly reducing robot production costs.<\/p>\n<p>Rainbow Robotics is listed on the KOSDAQ in Korea, with a market capitalization of more than <span class=\"xn-money\">KRW 2 trillion<\/span>, the largest amount among listed robot companies in Korea. In particular, Samsung Electronics has become its second largest shareholder by investing heavily in shares, proving that Rainbow Robotics will lead the global robot market beyond Korea.<\/p>\n<p>Rainbow Robotics&#8217;<span id=\"spanHghlt4931\">&nbsp;RB series of cobots <\/span>are made up of actuators, encoders, brakes, and controllers, all of which the company has developed by itself. As a result, the company has been able to cut down the production cost by approximately 50% and gain a significant price advantage over its competitors.<\/p>\n<p>Rainbow Robotics CEO <span class=\"xn-person\">Jungho Lee<\/span> said, &#8220;The establishment of a branch company in the U.S. will be a major milestone on our way to becoming a leading company in the global robot market. I expect that we will achieve tangible results within a short period of time because it&#8217;s something we have been preparing for a long time.&#8221;&nbsp;He added, &#8220;We will release various mobile robots, including a serving robot that is currently under development, in not only Korea and the U.S. but <span class=\"xn-location\">Europe<\/span> as well.&#8221;<\/p>\n<p>In addition to the collaborative robot, which can satisfy diverse everyday requirements, Rainbow Robotics has been developing and introducing a wide range of robot platforms such as mobile manipulators (autonomous robots for industrial use), medical robots, and biped\/quadruped walking robots. Rainbow Robotics also develops and provides software for robots that are optimized to meet individual customer requirements, and can perform various functions without requiring the users to learn new technologies, thereby helping the users to reduce their production costs and focus on delivering higher quality goods and services to their customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rainbow Robotics has established a branch company in &#8216;Schaumburg&#8216;, U.S., a major industrial cluster of global machinery companies Rainbow Robotics taps into the market with competitively priced collaborative robots&nbsp;(cobots) for a quick return on investment SCHAUMBURG, Ill., April 17, 2023 \/PRNewswire\/ &#8212; Rainbow Robotics (CEO Jungho Lee) announced on the 17th of this month that [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":17791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-17790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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