As part of its commitment to growth in Cornellà, Spain, Siemens Mobility is investing in expanding production in various areas. This includes the inauguration of a new gearbox production line and the establishment of a welding competence center for converter cabinets.
Siemens Digital Industries Software today announced two breakthrough capabilities for high-level verification of C++ for hardware design: formal property checking and reachability coverage analysis. Designed to be used with Siemens’ Catapult™ software for high-level synthesis and verification, Catapult formal tools uniquely bring known and trusted formal verification methods from the RTL world to high-level design.
Siemens has published its fiscal year 2023 Sustainability Report which demonstrates strong progress towards a range of targets. Since the baseline year of fiscal 2019, the CO2 emissions within Siemens’ own operations have been halved. In addition, more than 90 percent of Siemens’ business enables customers to have a positive sustainability impact: With the aid of Siemens technologies sold in fiscal 2023, customers will avoid around 190 million tons of CO2 emissions – an improvement of about 24 percent over the prior year.
Total U.S. investments to support high-growth markets like data centers, batteries, semiconductors, EV charging and rail transportation
New US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure equipment to help power U.S. data centers and accelerate adoption of artificial intelligence (AI)
Already announced: US$220 million rail manufacturing plant to bolster U.S. infrastructure and mobility
All investments to create a total of around 1,700 jobs in the U.S.
Ramp up of global investment in new high-tech factories, innovation labs and education centers to expand leadership in digitalization, automation and sustainability
Total investments of €2 billion mainly in manufacturing capacity expansion to be disclosed this year
Following investments in Germany and in the U.S., Siemens expands its production network and R&D capacities in Asia
New high-tech factory in Singapore announced today to serve growing markets in Southeast Asia
Orders in fiscal 2022 climbed 17 percent on a acomparable basis to €72.0 billion (fiscal 2021: €62.3 billion)
• Profit Industrial Business at record level of €10.3 billion (fiscal 2021: €8.8 billion) – Profit margin of the Industrial Business rose to 15.1 percent (fiscal 2021: 15.0 percent)
• Once again excellent free cash flow at Group level of €8.2 billion (fiscal 2021: €8.2 billion)
• Digital business revenue grew around 15 percent to €6.5 billion (fiscal 2021: €5.6 billion)
• Increased dividend of €4.25 per share (fiscal 2021: €4.00) proposed
As part of its commitment to growth in Cornellà, Spain, Siemens Mobility is investing in expanding production in various areas. This includes the inauguration of a new gearbox production line and the establishment of a welding competence center for converter cabinets.
