Schneider Electric

Singapore

Singapore’s adoption of electric heavy vehicles up 10 times on incentives; diesel spikes fuel further interest

But range and cost of charging infrastructure remain barriers, industry observers say

Schneider Electric chairman Jean-Pascal Tricoire believes that in 25 years’ time, the world will be “about 40-60%” electric.

Companies & Markets

Schneider Electric gears up for tsunami of power demand from AI, EVs, global warming fallout

Partnerships are a priority for innovations on the energy front

Jackson Seng (left), vice-president of digital energy division for East Asia region at Schneider Electric, and Cai Bingyu (centre), executive director of GUI, in front of one of Schneider's sponsored appliances at Kampung Kampus.

Lifestyle

TAKING HEART

Schneider Electric partners Ground-Up Initiative to promote sustainable efforts

The MNC has sponsored key electrical infrastructure, including its Power Monitoring Expert software that helps the non-profit organisation monitor its energy usage

Temasek has indicated that it is looking to back more family-run businesses in India.

Companies & Markets

Temasek sees 10 times gain with 5.5 billion euro stake sale in Indian JV with Schneider

Temasek had bought the 35% stake in Schneider Electric India for 530 million euros in 2020

Schneider Electric, one of France’s oldest and biggest industrial companies, has evolved from primarily a maker of electrical gear to a provider of software and equipment for buildings, data centres and factories.

Companies & Markets

Schneider in talks to buy Temasek’s stake in Indian JV: sources

A potential transaction could value the whole venture at roughly US$5 billion including debt

Schneider will upgrade, expand and open several facilities across the US including in Tennessee, Massachusetts, Texas, Missouri, Ohio, and North & South Carolinas as part of the planned investment.

International

Schneider Electric to invest over US$700 million in US to power AI boom

The company’s US investment is set to surpass US$1 billion this decade

Schneider’s designs will be used in data centres that use Nvidia’s flagship server containing 72 of its most powerful AI chips.

Telcos, Media & Tech

Schneider Electric working with Nvidia to design data centre cooling systems

FRENCH electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data centre cooling systems for use in new artificial intelligence (AI) data centres, it said on Wedn...

Temasek has been discussing options including a sale of its minority stake in the joint venture to Schneider or another party.

Singapore

Temasek mulling exit from Schneider Electric India venture

Temasek Holdings is weighing a potential exit from an Indian joint venture with Schneider Electric, people with knowledge of the matter said.

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News