Siemens announces €2 billion investment strategy including new high-tech factory in Singapore

Siemens announced a €2 billion investment strategy for new manufacturing capacity, innovation labs, and education centers, including around €200 million for a new high-tech factory in Singapore to serve Southeast Asian markets.

“Siemens today announced a new high-tech factory in Singapore, to serve the booming Southeast Asia markets.”iaasiaonline.com

• 4 sources
• iaasiaonline.comSiemens presents €2 billion investment strategy to boost future growth, innovation and resilience including around €200 million for a high-tech factory in Singapore - IAA - Industrial AutomationTzelongJun 15, 2023
• reuters.comSiemens' new investment plan to create more than 1,000 jobs, CEO saysJun 15, 2023
• press.siemens.comSiemens to invest €1 billion in Germany and create blueprint for industrial metaverse in Nuremberg metropolitan region | Press | Company | SiemensJul 13, 2023
• reuters.comSiemens to spend 1 billion euros in Germany as Berlin warns about China | ReutersAlexander Hübner, John RevillJul 13, 2023

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