Siemens earnings slip on lower demand from auto industry
The company said Thursday that net profit eased to US$1.252 billion in the April-June quarter.
G120X drives infrastructure
Fit for digitization and linking to the cloud.
Blocked Siemens and Alstom merger a win for Bombardier: analysts [UPDATED]
Deal could reduce competition in the signaling and high-speed train markets.
Siemens profit falls on taxes, lower demand for turbines
Net profit for the quarter ending Dec. 31 was off 49% from 2.21 billion euros in the year-earlier quarter.
Via Rail places $989M train order with Siemens for key rail corridor
No Canadian content requirement; the German firm will build the trains at its North American headquarters in California.
The 101 on steam turbines: What you need to know about lube systems
Dresser-Rand Canada explains how the lubrication systems work and highlights problems that would require troubleshooting.
Siemens sales, orders rise on strengthening global economy
Global economic prospects positive but cited tensions on the Korean peninsula and “diverging definitions of free and fair trade as risks.
Airbus, Rolls-Royce, Siemens working on hybrid plane
The hbrid version of the BAe 146 four-engine regional jet would generate electric power through a turbine.
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Siemens closing Ontario turbine blade manufacturing plant
Closure blamed on “dramatic” changes in global wind market, presenting increased competition and cost pressures.
Germany’s Siemens to cut 2,700 jobs as it modernizes IT unit
Changes include capacity for cyber security, expansion of platforms for data analysis.
Swedish student startup gets $1.3 million deal to build electric cars
The twin-seat vehicles have 15 kilowatt engines with a maximum speed of 130 kilometres per hour.
Fanshawe College scores $248M worth of Siemens PLM software
Engineering students now have the same product lifecycle management technology used in industry.
Siemens Canada launches new brand: Ingenuity for Life
Stands for engineering excellence, responsibility and creating value for society.
Franklin Empire in Quebec to assemble Siemens SIMOGEAR
The gear motor line will be put together at a dedicated facility near Montreal.