Topic
Founded in 1847, Siemens is a German conglomerate and Europe’s biggest electronics and electrical engineering company. Its products range from gas turbines to trains ultrasound machines and hearing aids.
- Executives from chip design software firms commented at Semicon China last week about China’s leading position in electric cars
- The auto industry is the fastest-growing consumer of semiconductors, with Asia-Pacific being the fastest-growing region, according to trade group statistics
The EU on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access.
German Chancellor Olaf Scholz will lead a business delegation to China this week against a backdrop of worsening relations between Beijing and Berlin and growing calls to reduce reliance on the world’s No 2 economy.
The Russian energy giant blamed Western sanctions over the Ukraine war, amid suspicions that Moscow is looking for an excuse to throttle fuel supplies to Europe.
The supplies from the Portovaya compressor station will be slashed from 7am Moscow time on Wednesday, the company said. The German government said there was no justification for the announcement.
The turbine, which is used on the Nord Stream 1 gas pipeline linking Russia to Germany, is in Canada for repairs and was initially held back as part of sanctions imposed on Russia.
Midea CFO Jeremy Choy, a former Hong Kong banker, says Midea is a technology company that competes in smart homes, robotics and industrial automation.
On allegations of human rights abuses in Xinjiang, CEO Joe Kaeser says ‘we should neither tolerate all of this in our companies nor accept it without consequences’.
Google, Microsoft, Siemens, Sony and Adidas are among the 83 global brands named by the Australian Strategic Policy Institute in its report.
