18 July 2023
Under the Radar: Siemens’ ASEAN CEO on Siemens’ 2 billion Euro investment strategy to boost growth, innovation and resilience; S$290m investment into a new factory in Singapore; Demand from Southeast Asia; Metaverse and the rail boom on Siemens ASEAN business
Today we’re going to talk to a German multinational technology conglomerate that set its foot in Singapore 115 years ago.
Bingo if you’ve guessed Siemens. Founded in 1847 as a small workshop in a back courtyard in Berlin, the company’s offerings now span across a wide range of industries such as digital industries, mobility, and smart infrastructure.
The firm first entered in Singapore back in 1908 by establishing a technical bureau in Singapore as a sales office of London-based Siemens Brothers Dynamo Works Limited in search of new opportunities, and has grown with the country since then.
Question is, what is the role of Siemens Singapore in its global portfolio of businesses?
Meanwhile, Siemens is set to build a S$290 million new factory in Singapore for its industrial automation and digitalisation product by 2026.
That’s as part of a 2 billion Euros global strategy to expand the firm’s manufacturing capacity worldwide. But what can we expect on this front?
On Under the Radar, Dr Thai-Lai Pham, CEO, Siemens ASEAN joined Drive Time’s finance presenter Chua Tian Tian in-studio for more.

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