The Business Times

Siemens

Companies & Markets

SP Group acquires Siemens’ 49% stake in Power Automation to become sole owner

Siemens has been grappling with a downturn in China that has dragged down sales of its factory-automation equipment.
Telcos, Media & Tech

Siemens revenue climbs on robust demand for rail products

The collaboration seeks to address key industrial challenges by enabling faster access to advanced artificial intelligence (AI) and automation expertise.
ASEAN Business

A*Star, Siemens launch manufacturing R&D collaboration in Asean

The US Commerce Department has informed Germany’s Siemens, that requirements to seek government licenses for business in China are no longer in place.
Telcos, Media & Tech

US lifts chip design export curbs as part of new China deal

Siemens' selling point is that it knows industry because it makes things, including robots and gas turbines.
Opinion & Features

Siemens is battling Big Tech for AI supremacy at factories

The campus consists of five office buildings, one canteen building and one medical facility.
Property

Siemens is planning sale, leaseback of headquarters in Portugal

Setting aside the global job cuts, a spokesperson for Siemens Singapore said there are no broader restructuring plans for Singapore at this stage. PHOTO: REUTERS
Singapore

Siemens’ new Singapore factory on track despite move to cut 6,000 jobs globally

FILE PHOTO: A sign with the logo of Siemens company is on display outside its office in Moscow, Russia, May 12, 2022. REUTERS/Evgenia Novozhenina
Global Enterprise

Siemens to cut over 6,000 jobs worldwide

The sale comes after Siemens said last year it could sell shares in Siemens Healthineers to pay for its US$10.6 billion acquisition of Altair Engineering.
Companies & Markets

Siemens set to raise 1.4 billion euros in Healthineers stake sale

Chief executive Roland Busch said the company had made a “promising start” to its 2025 fiscal year, which runs to the end of September.
Companies & Markets

Siemens posts better-than-expected profit despite weakness at factory automation

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