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Siemens news and information on new products, company news and information and so on.

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Siemens home applainces have announced that they are to launch a range of applainces that have the ability to work when the electricity supply is at its cheapest rates but, not much more is currently known about this system.

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German based Siemens Home Appliances has said that it plans to set up a washing machine plant in Chennai as it plans to expand its operations in India has been reported.

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Blogger Luo Yonghao smashed three Siemens refrigerators in front of the company's Chinese headquarters in Beijing on Sunday morning. The act was a protest against the German company's negative attitude toward rectifying the design flaws of its products, Luo said.

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Not satisfied with being unable to control your home appliances with your iPad? Well, Siemens might have answered your prayers even if you are a very, very small minority.

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German engineering group Siemens today set out ultra-ambitious sales and earnings targets after reporting that operating profit more than doubled in the final quarter to €1.99bn from €749m.

Peter Loescher, the new chief executive, said sales would grow twice as fast as the rate of global growth, implying annual increases of around 8-9%. Profits would increase at twice the rate of sales growth, he said, implying annual rises of close to 20%.

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Siemens was on Thursday night fined €201m by the German authorities over a bribery scandal in its telecommunications unit in the first of several rulings that could end up costing Europe's largest engineering group billions.

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American law enforcement authorities have begun a formal investigation into corruption allegations at the troubled German engineering company Siemens, adding to inquiries already under way by prosecutors in five European countries.

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Klaus Kleinfeld, the Siemens chief executive, will assume greater control over the future direction of Germany's biggest technology group after the resignation of chairman Heinrich von Pierer late on Thursday over a corruption scandal, insiders and analysts said today.

The youthful Mr Kleinfeld, who is due to deliver better-than-expected second-quarter earnings on Thursday, is expected to set tough new targets for profit margins the same day and enjoy greater freedom to dispose of under-performing businesses built up by Mr von Pierer, his predecessor, during his years in charge.

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In today's world, locating a dishwasher to meet your precise needs is becoming a reality, as we've got ones that work on countertops, sans water, and with icky toys, but now Siemens is offering up one for the night owls who'd rather jazz it up at home than head out on the town.

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Siemens executives yesterday agreed to put off a 30% pay rise for a year and contribute the €5m (£3.4m) to a €35m fund to retrain some of the 3,000 employees threatened with redundancy at its stricken former mobile phone business.
The German technology group has suffered a torrent of abuse from politicians and trade unions since Taiwan's BenQ, which took over the loss-making mobile unit last year, pulled the plug and filed for its insolvency on Friday.