Siemens' semiconductor unit is set to become a separate legal entity on 1 April under the name Infineon Technologies. Dr Ulrich Schumacher, currently president and CEO of Siemens Semiconductors, will head-up the unit.
Siemens has confirmed it is negotiating the sale of its Nixdorf retail and banking systems division which supplies ATMs for banks such as Barclays. Siemens declined to confirm the report. Schroder Ventures was rumoured to have been interested in...
Siemens stock was down 5.4 per cent to E133.20 (£80) at 08:17 (GMT). Siemens CEO Heinrich von Pierer has succeeded in turning Siemens around over the past two years. Growth in its mobile phone operations has made a major contribution to its recovery.
German high-tech giant, Siemens has confirmed it is in talks with a number of mobile phone companies to discuss ways to share the production of handsets. The move - which is likely to see Siemens team up with a Japanese partner - will bring to an...
After months of speculation, the partner lined up to help Siemens' ailing handset business appears to have been decided: Taiwanese tech firm BenQ. According to a report in the Financial Times, Siemens could be set to announce the partnership as...
Gordon Lovell-Read, CIO at conglomerate Siemens, fits that profile having spent 17 years previously at HP in various roles including running HP consulting's client-facing business in the UK, 10 years of selling, being a global account manager, new...