News - subcat

Siemens pulled out of Russia
Published in News
Friday, 13 May 2022 12:36

Siemens pulled out of Russia

$630 million leaks from its bottom line

After 170 years, Siemens will quit the Russian market due to the war in Ukraine, it said, and taken a 600 million euro ($630 million) hit to its business during the second quarter.

Good results for Siemens
Published in News
Thursday, 11 November 2021 11:57

Good results for Siemens

Coming on the back of supply chain issues

Siemens fourth quarter sales and orders beat forecasts and said that supply chain problems that have hindered industrial revival in the wake of the pandemic will ease next year.

Growth spurt for Siemens planned
Published in News
Thursday, 24 June 2021 10:50

Growth spurt for Siemens planned

Expansion in core engineering hoped to expand bottom line under Busch.

Siemens unveiled targets to outpace the market by combining its core engineering business with digital expertise.

Airbus, Siemens and Rolls-Royce to build hybrid plane
Published in News

Proof of concept

Airbus, Siemens and Rolls-Royce are teaming up to develop a hybrid passenger plane that would use a single electric turbofan along with three conventional jet engines running on aviation fuel.

Siemens develops spider army
Published in News
Monday, 06 June 2016 12:51

Siemens develops spider army

Ziggy Stardust and the Spiders from Siemens

German manufacturing giant Siemens has developed an army of robot spiders which can work together to build 3D print structures and parts in real time.

Tuesday, 09 September 2014 11:16

Siemens delists from London and Swiss exchanges

Low volumes to blame

Better late than never

Monday, 01 July 2013 08:31

Nokia buys out Siemens Networks

Joint venture no more

Tuesday, 28 August 2012 11:45

Nokia Siemens opens plant in Brazil


Networks side is growing

Wednesday, 11 May 2011 14:28

Klausner sues the world


Patent troll aims high