Siemens set up its first China-based software company–Siemens Software and System Engineering Co. Ltd.–on Wednesday in Nanjiang, capital of the eastern province of Jiangsu.
The new company is expected to provide application software for its operations in China, and to further the localization level of the German electronics multinational in the country. Peter Borger, vice executive president of Siemens (China) Co. Ltd., said the Nanjing company will take advantage of rich local human resources of software to promote and enhance its research and development ability in China.
The new company will cooperate with Chinese universities, especially those in Nanjiang and other parts of Jiangsu, to develop software and will therefore employ a rising number of software graduates from these universities during cooperation. Borger said the new company plans to employ 1,000 software engineers in the medium term.