Siemens
Siemens lifts growth targets, will cut stake in MRI maker
The company will hand a 30% stake in its former medical equipment unit to its own shareholders
SP Group acquires Siemens’ 49% stake in Power Automation to become sole owner
The joint venture between SP Group and Siemens was set up in 1996
Siemens revenue climbs on robust demand for rail products
Like most manufacturers, the German manufacturer is also contending with higher tariffs
A*Star, Siemens launch manufacturing R&D collaboration in Asean
The partnership will focus on developing digital and AI-driven solutions to help manufacturers in Singapore and the region transition to more resilient and environmentally responsible operations
US lifts chip design export curbs as part of new China deal
Software from Cadence and Synopsys is used to design everything from the highest-end processors for the likes of Nvidia and Apple to simple parts such as power-regulation components
Siemens is battling Big Tech for AI supremacy at factories
The German manufacturer is betting that industrial know-how will give it an advantage
Siemens is planning sale, leaseback of headquarters in Portugal
The German company is among a handful of multinational companies that have established hubs in the Portuguese capital in recent years
Siemens’ new Singapore factory on track despite move to cut 6,000 jobs globally
Tuas facility to open this year or next to better serve Asean markets; company cannot confirm whether Singapore staff will be hit by layoffs
Siemens to cut over 6,000 jobs worldwide
The reductions, about 2% of the company’s global workforce, with most job cuts impacting its factory automation unit
Siemens set to raise 1.4 billion euros in Healthineers stake sale
SIEMENS is likely to raise about 1.4 billion euros (S$2 billion) from the sale of a roughly 2.3 per cent stake in Siemens Healthineers, the medical technology unit it listed in 2018, after increasing ...
