Siemens AG

Earnings data Q1 2021

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Siemens AG is a technology company, which engages in the areas of automation and digitalization. It operates through the following segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment offers a product portfolio and system solutions for automation used in discrete and process industries. The Smart Infrastructure segment includes products, systems, solutions, services and software to support a transition from fossil to renewable energy sources. The Mobility segment combines all Siemens businesses in passenger and freight transportation. The Siemens Healthineers segment develops, manufactures, and sells diagnostic and therapeutic products, and services to healthcare providers. The Siemens Financial Services segment focuses on financing solutions for Siemens’ customers as well as other companies in the form of debt and equity investments. The company was founded by Johann Georg Halske and Werner von Siemens on October 12, 1847 and is headquartered in Munich, Germany.

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Siemens has transformed into an electrical engineering giant that benefits from trends including vehicle electrification, renewable power generation, and factory automation.

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Christian Bruch made his comments during a discussion at CNBC's Sustainable Future Forum.

'No commercial case for green hydrogen' yet: Siemens Energy CEO

The stock price of Siemens AG (OTCMKTS: SIEGY) increased by over 3% this past week. This is why it happened.

SIEGY Stock: Why It Increased This Week

Siemens is preparing a possible separation of its large drive applications (LDA) business, the German engineering and technology company said on Monday, confirming media reports.

Siemens prepares separation of large-drive business

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Spain's competition watchdog has fined eight companies including Siemens, Nokia and ACS a combined 127.3 million euros ($148 million) for allegedly rigging public contracts relating to rail-signalling systems.

Spain slaps $148 million fine on rail cartel involving Siemens, Nokia

WHITE OAK, Md.--(BUSINESS WIRE)--The Food and Drug Administration's (FDA) Office of Counterterrorism and Emerging Threats (OCET) has awarded a contract worth over $1.78M to Siemens Government Technologies (SGT) with technology from Siemens Digital Industries. Siemens will provide its expertise to implement advanced industrial software for digital design and an automated manufacturing production demonstration line for regulatory science use in the FDA OCET advanced manufacturing program. This pr

Siemens Awarded $1.78M FDA Contract to Showcase Advanced Digital Design and Manufacturing

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Citigroup Inc blocked an attempt by Venezuelan state oil company PDVSA to make debt payments to a Siemens unit, a Citi executive testified on Wednesday in a U.S. trial over whether PDVSA is liable for the payments.

Citi blocked PDVSA attempt to pay Siemens, executive says at trial

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The industrial conglomerate's portfolio is being repositioned for growth.

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Siemens had a fine quarter by the standards of multi-industrials, including strong order growth, but the performance was less impressive when compared to others in the automation and electrical sectors.

Siemens' Ongoing Underperformance Is Curiouser And Curiouser

The FDA has granted clearance to a blood test from Siemens Healthineers (OTC: SMMNY) to provide an easier and potentially more accurate diagnostic alternative than an invasive tissue biopsy for non-alcoholic steatohepatitis (NASH). The agency's de novo green light covers the Advia Centaur enhanced liver fibrosis (ELF) test, currently available internationally.

Siemens' Fatty Liver Disease Blood Test Wins FDA De Novo Clearance

Siemens AG (OTC: SIEGY) plans to invest and expand its U.S. manufacturing operations to support electric vehicle infrastructure in America.  The company will bolster its existing manufacturing footprint of EV infrastructure with the VersiCharge Level 2 AC series product line of commercial and residential EV chargers.

Siemens To Expand Electric Vehicle Charging Manufacturing In US

ATLANTA--(BUSINESS WIRE)--Siemens is announcing its commitment to invest and expand the company's U.S. manufacturing operations to support electric vehicle infrastructure in America. The company will bolster its existing manufacturing footprint of EV infrastructure with the VersiCharge Level 2 AC series product line of commercial and residential EV chargers. With this addition, Siemens is preparing to manufacture over 1 million electric vehicle chargers for the United States over the next four

Siemens to Expand Electric Vehicle Charging Manufacturing in the United States to Support Rapid Market Growth

Siemens has completed its reorganisation, Chief Executive Roland Busch has told Manager Magazin, with the recently appointed executive favouring smaller acquisitions to expand the German engineering and technology company.

Siemens completes spin-off, favours smaller deals -CEO tells Manager Magazin

Siemens AG (OTC: SIEGY) is exploring acquisitions and investments in building management software, electric vehicle charging as office blocks and apartments become more connected, and drivers switch to e-vehicles, Reuters reported. Siemens aims to drive its Smart Infrastructure (SI) division by tapping its vast software base and software developers.

How Siemens Aims To Grab Market Share From ABB, Schneider Electric, Honeywell, Johnson Controls?

Siemens is considering acquisitions in building management software and electric vehicle charging to accelerate growth at its Smart Infrastructure (SI) division, managing board member Matthias Rebellius told Reuters.

Siemens Smart Infrastructure targets acquisitions to speed growth

Siemens AG (SMEGF) CEO Christian Bruch on Q3 2021 Results - Earnings Call Transcript

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The German group has broadened its ambitions in cloud software with a new acquisition—part of its transition from industrial giant to tech company.

Siemens Stock Is Rising. Thank the Economy, Cloud Software and Supply Chains.

Siemens lifts forecasts as profit rise, revenue beats forecasts

Siemens became the latest industrial firm to report a post-pandemic surge in demand, prompting the German engineering and technology company on Thursday to raise its profit guidance for the third time this year.

Siemens raises profit guidance for third time after beating forecasts in latest quarter

Siemens is buying rail software company Sqills, the German engineering and technology company said on Thursday, its latest acquisition to expand into high growth markets outside its core activities.

News for Siemens AG Stock (SIEGY)