Shares in German industrial giant Siemens (SIEGY -7.00%) were down by more than 6% in trading as of 3 p.m. ET Thursday due to the tariffs imposed on foreign countries by the Trump administration. As a global company with interlinked supply chains that span the globe, Siemens is notably exposed to tariff actions and trade conflicts.Siemens and tariffsSiemens is a German company, but its operations are global. In fact, 31% of its revenue came from the Americas (26% from the U.S.) in 2024, with 46% from Europe ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Germany group Siemens said on Wednesday it is buying Dotmatics, a US software company, for $5.1 billion to leverage its use of artificial intelligence to make drug discoveries. Siemens said the acquisition was "complementary" to its expansion into Life Sciences and would lift its game in a mar ...

（责任编辑：朱晓航） 公告说，此次裁员主要涉及数字化工业部门的自动化业务，该部门将在2027财年末前全球裁员约5600 人。电动汽车充电部门也将在2025财年末前全球裁员约450人。目前，这两个部门全球员工数量分别为 约6.8万和1300余人。 新华社柏林3月18日电（记者车云龙）德国西门子集团18日发布公告，宣布将在全球范围内裁员6000余 人，其中德国本土裁员约2850人，以应对部分业务部门需求低迷挑战，提升企业竞争力。 西门子表示，过去两年，公司在德国市场的自动化业务尤其受到需求疲软等影响，订单和营收持续下 滑。截至目前，西门子在全球约有31.2万名员工，其中德国本土员工约8.6万名。 ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Siemens says demand in China and Germany is muted. German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market. The reductions, about 2% of Siemens's global workforce, will mostly be made in the group's factory automation ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: In this June 24, 2016 file photo the logo of German industrial conglomerate Siemens is pictured prior to the opening ceremony at the new headquarters in Munich, Germany. Credit: AP Photo/Matthias Schrader, file Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including t ...

One of the more impressive stock price pops on Wednesday belonged to a somewhat under-the-radar company for American investors, Siemens (SIEGY 8.44%). The European industrial conglomerate's shares closed the day more than 8% higher on news of a potentially significant new infrastructure program in Germany. That gain compared very favorably to the S&P 500's (^GSPC 1.12%) 1.2% rise.A time to spendIn the wake of elections in Germany, the European Union's largest economy in terms of gross domestic product (GDP) ...

German industrial conglomerate Siemens (SIEGY 1.41%) was a somewhat under-the-radar winner on the stock exchange on Friday. The company's shares enjoyed a more than 1% bump in price, as investors continued to disseminate the latest earnings release and two analysts raised their price targets. Siemens' slight rise was robust enough to beat the flatlining S&P 500 (^GSPC -0.01%) that day.Growth where it countsFriday's analyst moves were a reaction to the earnings release, which was published Thursday morning. ...

Siemens Aktiengesellschaft (OTCPK:SIEGY) Q1 2025 Earnings Conference Call February 13, 2025 2:30 AM ET Company Participants Tobias Atzler - Head of Investor Relations Roland Busch - President and Chief Executive Officer Ralf Thomas - Chief Financial Officer Conference Call Participants Max Yates - Morgan Stanley Ben Uglow - OxCap Analytics James Moore - Redburn Atlantic Gael de-Bray - Deutsche Bank Simon Toennessen - Jefferies Alexander Virgo - Bank of America Operator Good morning, ladies and gentlemen, a ...

Siemens AG (SIEGY) shares soared 3.6% in the last trading session to close at $106.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.5% gain over the past four weeks.Siemens shares gained since the news that the company received a $24.3 million contract for the electrification of the Sivok-Rangpo rail line in India by IRCON International. The company will employ advanced technologies, including its rigid overhead catenary sys ...

Telefonica, S.A. (TEF) recently joined forces with Siemens (SIEGY) to facilitate the digitalization and automation of industries in Spain, harnessing advanced connectivity, cutting-edge technologies like 5G and IoT, and modern solutions such as the Digital Twin and artificial intelligence (AI). The initiative aims to transform production processes, empowering factories and businesses to unlock the potential of digital innovation.Synergies between TEF’s state-of-the-art network infrastructure and Siemens’ in ...