Siemens and ILJIN Electric collaborate to develop the World’s First, Eco-friendly 170 kV Gas-insulated Switchgear (GIS) based on Vacuum Interrupter (VI) technology

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide. Since its foundation in the 1950s, Siemens Korea (Siemens Ltd. Seoul) has taken the initiative in providing various business cooperation efforts, active investments and development based on its superior technology and global experience in order to create positive ties with Korean industries. addition, Siemens in Korea pursues corporate citizenship programs and also supports the training of talented Korean professionals within high-tech industries in cooperation with several local universities. www.siemens.co.kr.