Corporate Profile for Siemens Corporation dated Sept. 8, 1995.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company and many others. -0- Published date: September 8, 1995 Company name: Siemens Corporation
Address: 1301 Avenue of the Americas
New York, NY 10019-6055
Telephone No.: 212/258-4000 Chief Executive Officer: Albert Hoser Public Relations Contact: Maria Kibby Business number: 212/258-4349 Trading symbol: Siemens is not publicly traded in the U.S. Industry: Industrial Electronics Company description: Since initiating business ventures in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 40 years ago, Siemens has emerged as an industry leader in medical electronics, business communications, telecommunications systems, lighting, industrial automation, and power generation. The company is also a key player in electronic components, automotive and transportation systems, computer systems and peripherals, and other products. With perhaps the widest range of advanced electronic systems and products of any company in the U.S., Siemens combines major product groups representative of those marketed by AT&T, GE and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , among others. For its latest fiscal year (10/1/93 to 9/30/94), Siemens Corp., the holding company for Siemens' operations here, recorded U.S. sales of $7.3 billion and export sales of $1.0 billion; employees totaled approximately 46,300. In terms of the number of its U.S. employees, Siemens is among the top three foreign-owned industrial companies in the United States. The company's domestic content for the last fiscal year reached $5.7 billion and R&D expenditures exceeded $650 million. Siemens has approximately 400 locations in 40 states, including some 80 manufacturing and assembly facilities. Siemens AG Siemens AG German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations. (Berlin/Munich), the parent, is one of the world's largest electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. and electronics companies, having recorded worldwide fiscal 1993/94 sales of $5.1 billion (DM 84.6 billion)(a). -0- (a) Average exchange rate of DM 1.65 equal to $1.00 for fiscal '93/94. CONTACT: Siemens Corporation |
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