Siemens had a successful start to fiscal 2025 with a strong
performance in the first quarter (ended December 31, 2024) and generated
positive momentum for further growth.
Accelerating digital transformation
and supporting sustainable, energy-efficient business across industries based
on technological cooperation Siemens Korea and AtkinsRéalis Korea,
“Contributing to digital transformation and building sustainable smart
manufacturing environment and infrastructure for industries by providing
advanced digital solutions across all businesses”A global powerhouse in electrical engineering and electronics, Siemens
Korea (Siemens Ltd. Seoul·SLS) announced that the company signed a Memorandum
of Understanding (MoU) with AtkinsRéalis Korea for cooperation in industrial digitalization,
energy efficiency and sustainable business.
In fiscal 2024 (ended September 30, 2024), Siemens
successfully continued its profitable growth trajectory, made important
strategic progress and achieved record highs as a leading technology
company.
On August 31, Siemens Korea participated in the “10th
Harmony Marathon with Visually Impaired” at Seoul Olympic Park. This was the
second time since last year that Siemens Korea joined the marathon, as part of
the joint CSR campaign “Guide Walkers” organized by the Korean-German Chamber
of Commerce and Industry (KGCCI), encouraging the participation of German
companies in Korea.
Siemens continued its profitable growth trajectory again in the
third quarter. Overall, the company clearly increased its net income and profit
margin and thus demonstrated its financial strength once again. With a
sustained large order backlog, which totaled €113 billion in Q3, and a
book-to-bill ratio greater than 1, Siemens is optimally equipped for the
future. As a result, the Siemens Group confirms its outlook for fiscal 2024,
whereby comparable revenue growth – that is, excluding currency translation and
portfolio effects – at Group level (in the range of 4 percent to 8 percent) and
the profit margin at Digital Industries (18 percent to 21 percent) will be at
the lower end of their respective target ranges. The profit margin at Smart
Infrastructure is expected to be at the upper end of its target range (16
percent to 17 percent).
- Awarded 20
participants including the Minister of Employment and Labor Award at the
Digital Experience and Application Center in Changwon on July 25
- Siemens Korea to continue setting new directions
for industrial education in Korea and contribute to enhancing young talents’
technical skills
Digital Industries (DI) at Siemens Korea (Siemens
Ltd. Seoul · SLS) announced that the awards ceremony for the “11th
Siemens Digital CNC Competition” was successfully held on July 25 at the
Digital Experience and Application Center in Changwon, Gyeongsangnam-do.
Siemens delivered
solid performance in the second quarter, successfully meeting the high demand
for digitalization and sustainability technology. Notably, the industrial
software business showed strong growth with particularly high demand in the
semiconductor industry. Demand from customers for the construction of data
centers also showed strong momentum. Currently muted demand in the short-cycle
automation business at Digital Industries, particularly in China and Europe,
was largely offset by strong revenue development at Smart Infrastructure and
Mobility. In addition, Siemens took a key step in focusing its portfolio with
the sale of Innomotics to KPS Capital Partners for €3.5 billion.
- Conducted
an employee-engaged ESG campaign to provide habitat for bees, part of its donation
to forest restoration
- Siemens
Korea participated in planting native plants with the Korean Red Cross and
sponsoring companies
- Mr.
HaJoong Chung, President and CEO of Siemens Korea, "Siemens Korea will
continue to actively participate in ESG activities in various ways to practice
sustainability, which is the foundation of its business."
A global powerhouse in electrical engineering and electronics, Siemens
Korea (Siemens Ltd. Seoul·SLS) announced that the company conducted the “Forest
Restoration ESG Campaign (Bee Saving Project)” at the National Center of Forest
Education, Chuncheon, on April 29.
- Siemens AG introduced the most advanced solutions and
industry trends contributing to sustainable digital transformation
- Focused
on generative
AI for industries and decarbonizing industrial
operations and buildings
- Shared industry
insights and success stories through guided tours, meetings, and stage programs
with more than 150 speakers
- Siemens
Korea, “We will continue to be at the forefront of digital transformation and do
our best to achieve sustainable shared growth together with our customers”
Siemens Korea (Siemens Ltd. Seoul·SLS) announced
that Siemens AG successfully concluded the world's largest exhibition of
manufacturing solutions at Hannover Messe 2024, held in Germany from April 22
to 26.
- Siemens
unveiled digital technology-based developments in machine tools and production
equipment at
SIMTOS 2024
- “Siemens will actively
support domestic customers by offering ways to proactively respond to rapidly
changing industrial environments”
Digital
Industries (DI) of Siemens Korea (Siemens Ltd. Seoul · SLS) announced on
April 8 that
it successfully concluded its
exhibition of products and solutions at ‘SIMTOS 2024’ held at KINTEX in Ilsan
from April 1 to 5.