TOPIC

/ company

Siemens

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.

Chairman / President

Jim Hagemann Snabe

CEO / Managing Director

Roland Busch

CFO / Finance Director

Ralf P. Thomas

Industry

Conglomerate

Website

siemens.com

Headquarters address

Werner-von-Siemens-Strasse 1, 80333 Munich, Germany

Stock Code

XETRA:SIE, NYSE:SIEGY

Year founded

1847

China unveils the world’s most powerful smart direct current transformer, which can significantly reduce the blackout risk of renewable energy. Photo: Handout

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A year after near total blackout, China builds world’s largest smart transformer

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Science

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A billboard and sculpture are seen at the 2024 World Artificial Intelligence Conference (WAIC) in Shanghai on July 3, 2024. Photo: AP Photo

Semiconductors

Chip design software firms climb as US lifts curbs on China exports

The export resumption means Synopsys and Cadence will only lose one month of revenue in the current quarter.

4 Jul 2025 - 9:54AM

US-China trade war

China, US ease export curbs but Trump’s Vietnam deal risks blowback: analysts

Progress after London talks signals a thaw, but analysts say Washington’s crackdown on transshipments could reignite tensions.

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US-China tech war

Tech war: US lifts export control of chip design software to China

Siemens, Synopsys and Cadence – three of the world’s largest EDA software developers – are set to resume sales to China.

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The US has lifted recently imposed export restrictions on certain chip design software to China. Photo: DigiTimes

Alibaba

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US-China relations

Opinion | US-China trade war goes nuclear with Trump’s chip software ban

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Semiconductors

US chip design software firm Synopsys halts China sales, services

Synopsys, along with Cadence and Siemens’s Mentor Graphics, controls more than 70 per cent of China’s electronic-design-automation market.

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Sassine Ghazi, CEO of semiconductor design software firm Synopsys. Photo: Reuters

European Union

Opinion | Brussels should listen to Europe’s CEOs who want closer China ties

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30 Mar 2025 - 4:30PMvideocam

European Commission President Ursula von der Leyen holds a press conference on a defence package aimed at securing Ukraine and Europe, in Brussels, Belgium, on March 4. Photo: EPA-EFE

Diplomacy

Opinion | In world of sound bites, leaders need a forum to engage with candour

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7 Feb 2025 - 9:30AMvideocam

Science

‘Milestone’ for China’s gas turbine technology as it closes gap with the West

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On his China visit, German Chancellor Olaf Scholz visits the Covestro Innovation Centre, where advancements in plastics and recycled materials are pursued. Photo: dpa

China-EU relations

Exclusive | China-Germany ties are resilient despite EU push to ‘de-risk’: Beijing envoy

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China’s ambassador to Germany, Wu Ken, says entrepreneurs in Europe have told him “China’s development is an opportunity rather than a challenge – giving up the Chinese market is tantamount to saying goodbye to opportunities and growth”. Photo: DPA

Science

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122

Huawei

Nokia set to exit joint venture with Huawei amid US-China tensions

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Semiconductors

Top chip design tool makers see growth ahead in China’s car market

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3 Jul 2023 - 8:00AMvideocam

People walk at the Link & Co company booth during the second press day of the 20th Shanghai International Automobile Industry Exhibition in Shanghai on April 19, 2023. China’s auto industry, an electric vehicles in particular, are seen as a bright spot in global semiconductor demand. Photos: EPA-EFE

Cybersecurity

EU countries, lawmakers reach data rule deal targeting Big Tech

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.

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China-EU relations

Opinion | A German anti-China policy? Don’t hold your breath

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21 Apr 2023 - 4:19AMvideocam

China-EU relations

Explainer | What is the state of trade relations between China and Germany?

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.

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Germany has grown increasingly reliant on the Chinese market, but calls are growing from within the European country to diversify. Photo: Reuters

Ukraine war

More gas cuts? Gazprom says return of Nord Stream turbine is ‘impossible’

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.

4 Aug 2022 - 8:21AM

A turbine for the Nord Stream 1 pipeline is displayed at the plant of Siemens Energy in Muelheim an der Ruhr in western Germany on Wednesday. Photo: AFP

Russia

Gazprom to cut Nord Stream gas deliveries 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.

26 Jul 2022 - 8:24AM

Canada

Kyiv ‘disappointed’ after Canada exempts Russian gas turbine from sanctions

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China’s first hydropower station still operating 110 years later

01:06

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China-EU relations

Siemens ‘still committed’ to China after CEO speaks out against Beijing

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Xinjiang

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Google, Microsoft, Siemens, Sony and Adidas are among the 83 global brands named by the Australian Strategic Policy Institute in its report.

2 Mar 2020 - 8:06PM

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Siemens

A year after near total blackout, China builds world’s largest smart transformer

Chinese engineers’ powerful breakthrough could solve risks of renewable energy shock after low wind swing almost shut down the national grid.

Chinese mega dam stops using Western industrial chips over security concerns

Tech war: China approves Synopsys’ acquisition of Ansys after US lifts EDA ban

Global AI conference in Shanghai to showcase China’s prowess, vision

High-level meeting on AI governance to be held in tandem with the three-day World Artificial Intelligence Conference, starting on July 26.

Chip design software firms climb as US lifts curbs on China exports

The export resumption means Synopsys and Cadence will only lose one month of revenue in the current quarter.

China, US ease export curbs but Trump’s Vietnam deal risks blowback: analysts

Progress after London talks signals a thaw, but analysts say Washington’s crackdown on transshipments could reignite tensions.

Tech war: US lifts export control of chip design software to China

Siemens, Synopsys and Cadence – three of the world’s largest EDA software developers – are set to resume sales to China.

Alibaba Cloud to bring AI capabilities to global data centres this year

The company operates more than two dozen data centres worldwide, including two in the US and one in London.

.css-1m2rp1p{color:#34b8b5;}Opinion | US-China trade war goes nuclear with Trump’s chip software ban

Sweeping ban, albeit hard to enforce, threatens to kneecap China’s semiconductor ambitions and endanger its national security.

US chip design software firm Synopsys halts China sales, services

Synopsys, along with Cadence and Siemens’s Mentor Graphics, controls more than 70 per cent of China’s electronic-design-automation market.

Opinion | Brussels should listen to Europe’s CEOs who want closer China ties

Amid a hail of US tariffs, a strong showing of CEOs from Europe and UK at China Development Forum reflects a desire to stay invested in China.

Opinion | In world of sound bites, leaders need a forum to engage with candour

We must reassess our levels of engagement in a world dominated by sound bites and social media. There is transformative power in genuine dialogue.

‘Milestone’ for China’s gas turbine technology as it closes gap with the West

First domestically built 300MW heavy-duty gas turbine passes ignition test in Shanghai.

In China, Germany’s Olaf Scholz seeks ‘open and fair’ competition, cooperation

Scholz’s trip comes as the European Union is undertaking an anti-subsidy investigation into Chinese electric vehicles (EVs), and as criticism grows in the United States about Chinese overcapacity.

.css-sioo19{color:#c79a00;}Exclusive | China-Germany ties are resilient despite EU push to ‘de-risk’: Beijing envoy

In an exclusive interview, ambassador Wu Ken says both Berlin and Brussels had greater understanding of China as more in Europe reflect on the ’risks brought by de-risking’.

China creates electric power in its western deserts equal to half that in US

Booming solar, wind farms in Gobi can upend the AI race between China and the US, industrial expert says.

Nokia set to exit joint venture with Huawei amid US-China tensions

The Finnish telecoms equipment giant will sell its majority stake in TD Tech to a group that includes state-owned entities, pending final government approval.

Top chip design tool makers see growth ahead in China’s car market

Executives from chip design software firms commented at Semicon China last week about China’s leading position in electric cars.

EU countries, lawmakers reach data rule deal targeting Big Tech

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.

Opinion | A German anti-China policy? Don’t hold your breath

German Foreign Minister Annalena Baerbock may be taking a hard line on China, but Chancellor Olaf Scholz will have the final say. Scholz is aware that the economic reality simply does not allow him to meet Baerbock and her party’s demands on China.

Explainer | What is the state of trade relations between China and Germany?

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.

More gas cuts? Gazprom says return of Nord Stream turbine is ‘impossible’

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.

Gazprom to cut Nord Stream gas deliveries 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.

Kyiv ‘disappointed’ after Canada exempts Russian gas turbine from sanctions

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.

.css-rcruog{color:#C79A00;}Video | China’s first hydropower station

Meet the new CFO who says appliance maker Midea is really a Xiaomi rival

Midea CFO Jeremy Choy, a former Hong Kong banker, says Midea is a technology company that competes in smart homes, robotics and industrial automation.

Siemens ‘still committed’ to China after CEO speaks out against Beijing

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’.

Big name brands using Uygur ‘forced labour’: Australia think tank

Google, Microsoft, Siemens, Sony and Adidas are among the 83 global brands named by the Australian Strategic Policy Institute in its report.

Opinion | US-China trade war goes nuclear with Trump’s chip software ban

Exclusive | China-Germany ties are resilient despite EU push to ‘de-risk’: Beijing envoy

Video | China’s first hydropower station