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...He turned the EV industry pacesetter into a mass-market producer of generic-vehicle-shaped-objects, which didn’t make him happy....
...And it is not only electronic giants like Samsung and Siemens — smaller exhibitors are also joining the AI craze....
...Steeped in lessons from making mobile phone batteries and other components for Siemens, Nokia and Motorola in its early years, BYD has developed its own in-house capabilities....
...Separately on Tuesday, Siemens announced it had invested $450mn for a minority stake in VW’s North American charging network, known as Electrify America, in a deal that values the division at $2.45bn....
...The Siemens chief executive credits the company’s decision to slim down with helping it outperform GE, its erstwhile rival....
...A version of this article was first published by Nikkei Asia on May 27 2022. ©2022 Nikkei Inc....
...The Taiwanese company, which manufactures computers for Apple and also supplies companies such as Cisco, Microsoft and Siemens, said it had suffered “cyber attacks on a small number of Quanta servers” and...
...A version of this article was first published by Nikkei Asia on December 8 2021. ©2021 Nikkei Inc....
...The EU is falling further behind global pacesetters, with only 2 doses administered per 100 residents compared with over 10 for the UK and nearly 7 for the US....
...It was disarmingly elegant, a tidy visual metaphor for Gvasalia’s quick-change from avant-garde outsider with his brand Vetements to establishment pacesetter....
...Siemens: a conglomerate praising activists?...
...Siemens said its stake in Healthineers would decline to about 72 per cent. Bernd Montag, Siemens Healthineers chief executive, said the deal achieves “two leaps in one step”....
Solutions to logistical problems have a nod to the past with an eye towards the future
...A version of this article was first published by Nikkei Asia on November 25 2020. ©2020 Nikkei Inc....
...agrees to sell Flender to Carlyle Group in $2.4bn deal (Reuters) Insider Inc buys majority stake in Morning Brew in all-cash deal (Axios) US allows sales of chips to Huawei’s non-5G businesses (FT)...
...EU enforcers have also pursued many non-American companies, such as Russian-gas supplier Gazprom, diamond producer De Beers and the nuclear divisions of the French company Areva, and Siemens, its German...
...On the eve of Siemens’ meeting, protesters had targeted BlackRock’s Frankfurt headquarters....
...The approval from the EU comes just 18 months after Brussels blocked Alstom’s attempt to build a European rail champion with Siemens of Germany, arguing it could increase costs for signalling and next-generation...
...“This is not at all the same deal as Siemens . . . even if it will of course be examined by regulators.”...
...Its hopes of scaling up were dashed last year when a mooted rail merger with Siemens was nixed on competition grounds....
...(Bloomberg) News round-up Siemens Healthineers to buy Varian in $16.4bn deal (FT) + (Lex) HSBC profits plunge 96% as loan-loss provisions jump on coronavirus (FT) + (Lex) Google signs $750m deal with...
...In Germany, companies such as Siemens, the industrial group, and SAP, the software company, have rolled out remote working at scale for staff....
...The rebuke of Qualcomm marks the first time BlackRock has outlined why it voted against a US company at an annual meeting since Mr Fink’s announcement, although the asset manager criticised Siemens over...
...A version of this article was first published by Nikkei Asia on May 5 2021. ©2021 Nikkei Inc....
...market listing risk factor (FT) Hedge fund trader Chris Rokos pips former firm Brevan Howard (FT) Geely in talks to pump cash into Aston Martin (FT) Takeaway.com wins takeover battle for Just Eat (FT) Siemens...
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