- Siemens and Foxconn sign memorandum of understanding (MoU) highlighting joint commitment to sustainability
- Cooperation to define standards for the factory of the future and manufacturing processes
- Innovations to positively impact information and communications technology and electric vehicle production ecosystems
- Siemens Xcelerator portfolio to optimize Foxconn's operations for efficiency and agility
Siemens AG, a leading
technology company, and Hon Hai Technology Group (Foxconn), the
world's largest electronics manufacturer, have signed a memorandum of
understanding (MoU) to drive digital transformation and sustainability in smart
manufacturing platforms.
- Siemens and Intel to collaborate to advance semiconductor manufacturing production efficiency and sustainability across scopes 1-3 of the value chain
- Semiconductors are crucial for the global economy and for lowering carbon footprints across economies by enabling sustainable solutions
- Intel and Siemens will leverage their respective portfolios of cutting edge IoT solutions, along with Siemens automation solutions to enhance semiconductor manufacturing efficiency and sustainability
Siemens
AG, a leading technology company, and Intel Corporation, one of the world’s
largest semiconductor companies, have signed a Memorandum of Understanding
(MoU) to collaborate on driving digitalization and sustainability of
microelectronics manufacturing. The companies will focus on advancing future
manufacturing efforts, evolving factory operations and cybersecurity, and supporting
a resilient global industry ecosystem.
- Partnership to transform the manufacturing industry with immersive experiences across the lifecycle from design through operation
- Companies will connect NVIDIA Omniverse and Siemens Xcelerator platforms to enable full-fidelity digital twins and connect software-defined AI systems from edge to cloud
Siemens, a
leader in industrial automation and software, infrastructure, building
technology and transportation and NVIDIA, a pioneer in accelerated graphics and
artificial intelligence (AI), today announced an expansion of their partnership
to enable the industrial metaverse and increase use of AI-driven digital twin
technology that will help bring industrial automation to a new level.
- Several records in Q2 2023, including impressive margin increases and all-time highs in profit for Digital Industries and Smart Infrastructure, as well as another record order backlog
- At €23.6 billion, orders reached a very high level (Q2 2022: €21.0 billion)
- Revenue rose 15 percent on a comparable basis to €19.4 billion(Q2 2022: €17.0 billion)
- Profit Industrial Business surged 47 percent to €2.6 billion (Q2 2022: €1.8 billion)
- Net income nearly tripled to €3.6 billion (Q2 2022: €1.2 billion)
- Excellent free cash flow all-in at Group level totaled €2.3 billion (Q2 2022: €1.3 billion)
- Outlook for revenue growth and earnings per share pre PPA effects raised again
Siemens continued
its strong growth momentum also in Q2 2023 (ended March 31, 2023). The
quarter was characterized by very strong order intake, outstanding revenue
growth driven by substantial increases at Digital Industries, Smart
Infrastructure and Mobility, and higher Profit Industrial Business, including
sharp increases at Smart Infrastructure and Digital Industries, which both
achieved their highest-ever quarterly profit. Following the strong first half of fiscal 2023, Siemens
is again raising its outlook for the fiscal year.
With its new target system for sustainable company development, Siemens is once again increasing the emphasis on growth. The One Siemens system sets ambitious growth and capital efficiency targets that the company intends to reach consistently from now on. “After twelve years of transformation, Siemens is again a normal world-class company. Over the last few years, Fit 4 2010 has enabled us to streamline Siemens for profitability and to give our company new clout. With One Siemens, we’re going to accelerate the pace and expand our strong position sustainably,” said Siemens President and CEO Peter Löscher. The target system charts a clear course: Siemens will concentrate primarily on innovation-driven markets like environmental technology, the high-growth emerging countries and the service business. As customers for comprehensive infrastructure solutions, cities will become a stronger focus for the company’s sales activities.
- Orders rose 15 percent on a comparable basis to €24.2 billion and again reached a very high level (Q3 2022: €22.0 billion)
- Revenue grew 10 percent on a comparable basis to €18.9 billion (Q3 2022: €17.9 billion)
- Profit Industrial Business totaled €2.8 billion (Q3 2022: €2.9 billion) with a strong increase at Smart Infrastructure and Digital Industries
- Net income was €1.4 billion (Q3 2022: a net loss of €1.5 billion)
- Free cash flow all-in at group level was an outstanding €3.0 billion, a 29 percent increase (Q3 2022: €2.3 billion)
- Outlook on group level confirmed for fiscal 2023 for revenue growth and EPS pre PPA, excluding the Siemens Energy Investment
Siemens continued
its profitable growth trajectory in Q3 2023 (ended June 30, 2023),
with all industrial businesses achieving strong revenue growth. Order momentum
in the company’s major projects and systems business was also strong. The
book-to-bill ratio was an excellent 1.28, while the order backlog of €110 billion
was again at a record high level. Siemens confirms its outlook on group level
for fiscal 2023 and continues to expect revenue growth of 9 percent to 11 percent
and basic earnings per share before purchase price allocation accounting (EPS
pre PPA) of €9.60 to €9.90, excluding the Siemens Energy Investment.
At "SPS – Smart Production Solutions" 2019, Siemens will present sector-specific applications and future technologies for the digital transformation of the discrete and process industries. At the heart of the 4000 square meter booth will be new products, solutions and services from the Digital Enterprise portfolio, which can be used to merge the real and virtual world. On November 26, the first day of SPS, Klaus Helmrich spoke at the Siemens press conference, which took place in the trade show Convention Center. Mr Helmrich discussed the latest trends in digitalization and the next stage of digital transformation in the discrete and process industries.
- Hannes Apitzsch to retire; business to be handed over effective October 1, 2022
- Eckard Eberle – formerly CEO of Process Automation Business Unit at Siemens Digital Industries – has extensive track record inside and outside Germany
- Eberle will focus on developing the business strategically and operationally creating additional value for Siemens Group
Eckard
Eberle (57) will be appointed as the new CEO of Siemens Global Business
Services (GBS) with effect from October 1, 2022. He will report directly to
Judith Wiese, member of the Siemens AG Managing Board and Chief People and
Sustainability Officer (CPSO). GBS designs, develops and operates efficient and
innovative business services for Siemens AG, Siemens Healthineers AG, Siemens
Energy AG and other companies. Eckard Eberle succeeds Hannes Apitzsch (64), who
has led GBS since 2019 as CEO and is entering retirement after more than 40
years at the company. Hannes Apitzsch will continue to support Siemens in an
advisory capacity until December 31, 2022.
- Ramp up of global investment in new high-tech factories,
innovation labs and education centers to expand leadership in digitalization, automation
and sustainability
- Total investments
of €2 billion mainly in manufacturing capacity expansion to be disclosed this year
- Following investments in Germany and
in the U.S., Siemens expands its production network and R&D capacities in Asia
- New high-tech factory in Singapore announced
today to serve growing markets in Southeast Asia
- Expansion of digital factory in
Chengdu to boost further
growth in China
- Additional investments in Europe and U.S. to be
announced
To boost future growth, drive innovation and increase
resilience, Siemens today presented its investment strategy which includes €2
billion mainly for new manufacturing capacity as well as innovation labs,
education centers and other own sites. Siemens today announced a new high-tech factory in
Singapore, to serve the booming Southeast Asia markets.
- Together for Sustainability – an initiative of 47 chemical companies – chooses Siemens’ “Sigreen” solution for digital exchange of Product Carbon Footprint (PCF) data
- Pilot project aims to demonstrate the scalability of PCF data exchange across an entire industry
- Chemical industry is a pioneer in product-related environmental data
Together for Sustainability (TfS) and Siemens are announcing a partnership on decarbonization to advance the overall sustainability of the chemical industry. TfS is a global initiative to promote sustainability in the chemical industry’s supply chain, consisting of 47 international companies, including some of the largest chemical groups. Siemens, a leading technology company and supplier of automation and industrial software, will leverage the power of its Sigreen solution, a tool to track and manage product carbon footprint (PCF) and part of the Siemens Xcelerator portfolio.