Samsung Electro-Mechanics Invests in Norwegian Motor Firm to Bolster Humanoid Robot Business

SEOUL, Dec. 9 (Korea Bizwire) — Samsung Electro-Mechanics has made a multi-million-euro investment in a Norwegian maker of ultra-small, high-performance electric motors as the company accelerates its expansion into humanoid robotics, industry sources said Tuesday. The investment in Alva Industries, founded in 2017, was made through Samsung Venture Investment and funded by the SVIC 47 New [...]