The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Siemens to invest $2.2 bln to ramp up global production

June 15, 2023
Source: reuters.com reuters.com
News Snapshot:
Summary Summary Companies Siemens to invest in new factories around the world Company also stepping up R&D spending CEO says investment reflects strong order book Siemens wants to increase resilience ZURICH, June 15 (Reuters) - Siemens (SIEGn.DE) will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to meet increased demand triggered by global stimulus packages. Siemens will build new factories, research and development centres and training sites around the world, the company said in a statement, as it aims to tackle problems exposed...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: automation | Beijing | Chengdu | China | Chinese | Covid-19 | Economy | education | Europe | factory | Guangdong | investment | logistics | manufacturing | media intelligence | medicine | News Media | Pandemic | Shenzhen | Singapore | Software | supply chain | technology | United States | Washington

Other News:

Tech Suppliers Surge on Chinese AI Compute Demand and Chip Packaging Breakthroughs

August 17, 2026

Chinese AI Giant Zhipu Unveils GLM-5.3, Edging Past Western Rivals in Cybersecurity Benchmarks

August 17, 2026

China Expands Public Security Inspection Powers Across Corporate Networks, Data, and Foreign Operations

August 16, 2026

A Latvian astronomer and his wife drove 190 miles to a secret Soviet ghost town in 1994; found a 600-ton telescope the Russians had poured acid on – adapted the Cold War machine built to spy on the We

August 16, 2026
economictimes.indiatimes.com economictimes.indiatimes.com

Japan aims for the moons of Mars

August 16, 2026
manilatimes.net manilatimes.net

Low-budget art, high-budget virality: How a crude animated film captivated China (VIDEO)

August 16, 2026
malaymail.com malaymail.com

India deliberating ?70,000cr Project 75(I) submarine program with Germany: Report

August 16, 2026
newsbytesapp.com newsbytesapp.com

sponsored cyberattacks from N. Korea, China, Russia rise 7.5% in 1st half of 2026

August 16, 2026
koreatimes.co.kr koreatimes.co.kr

Jimmy Wales: 'AI can generate answers. It still can't earn trust'

August 16, 2026
fortune.com fortune.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.