DÜSSELDORF (dpa-AFX) - "Handelsblatt" on Siemens/Tech Fair CES:
"The year has already started well for Siemens CEO Roland Busch. At the CES tech fair, he was able to share the stage on Tuesday with Nvidia CEO Jensen Huang to deliver a keynote at the opening. Recognition from the tech scene is welcome in these uncertain times. In the German public sphere, the position and potential of the Munich-based group tend to be underestimated. (.) Even if some people are not quite sure what Siemens does besides ICE trains: The traditional company is, alongside SAP, Deutsche Telekom, and Infineon, one of the few world-class tech corporations in Germany. To fully realize its potential and remain in the Champions League alongside Nvidia and others, Siemens must prove itself even further this year. There is still skepticism among investors regarding the new 'One Tech Company' strategy. (.) CEO Roland Busch must explain his course more clearly and further sharpen the strategy."
Siemens AG is one of the world's leading manufacturers of electronic and electro-technical equipments. Net sales break down by family of products as follows:
- medical equipment (29.6%): medical imaging systems, laboratory diagnostics and hearing aid systems, etc.;
- smart building and infrastructure solutions (28.7%): energy transition solutions, HVAC products (heating, ventilation and air conditioning systems), building security systems (fire detection and protection systems, access control, video surveillance and intrusion detection systems, etc.), building management systems, etc.;
- digital industrial equipment (22.1%): automated production, assembly, logistics and monitoring systems, etc.;
- mobility solutions and systems (15.8%): rail vehicles, rail automation systems, rail electrification systems, digital and cloud-based solutions, etc.
The remaining net sales (3.8%) are primarily from financial activities (leasing, equipment and project financing, financial consulting services, etc.).
Net sales are distributed geographically as follows: Germany (14.8%), Europe/Commonwealth of Independent States/Africa/Middle East (32%), the United States (28%), America (4.6%), China (9.1%), Asia and Australia (11.5%).
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