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Siemens sees results in new international orders

TAIPEI, Taiwan -- Siemens on Tuesday said it had exceeded its forecasts for the 2013 financial year, with new international orders reaching NT$15 billion, constituting a 4-percent growth on the 2012 financial year.

Siemens Taiwan President and Chief Executive Officer Erdal Elver on Tuesday said that the Company exceeded its forecasts for the 2013 financial year, dated from Oct. 1, 2012 to Sept. 30, 2013, with new international orders reaching NT$15 billion.

Siemens continues to follow through on its pledge to the Taiwan market, registering stable growth in 2013 amid an economic environment that featured challenges but also opportunities, Elver said.

Elver added that in addition to its hopes to generate continued growth in new orders, Siemens desires to further strengthen its cooperation with Taiwan's government and industry by striving to promote sustainable development achieved through economic growth, environmental protection, and the cultivation of skilled talent.

Looking ahead to 2014, Siemens unveiled its “Future of Energy” and “Future of Manufacturing” concepts to address various energy- and industrial transformation-related challenges in Taiwan.

Siemens said it hopes to assist Taiwan in modernizing its traditional power plants and also forge ahead in the development of renewable energy, thereby creating a sustainable and healthy mix of energy sources. At the same time, the company will tap information technology and integrate hardware and software technologies in helping Taiwan's manufacturing sector to establish a foundation in intelligent manufacturing at an early date.

Siemens To Embark on Its Sixth Decade in Taiwan

Global energy research carried out by Siemens indicates that worldwide power demand in 2030 will be twice that of today, but that the volume of carbon dioxide (CO2) emissions associated with power generation will rise by a quarter. Consequently, the entire energy supply chain is undergoing changes in the face of global energy challenges and climate protection.

Taiwan's traditional coal-fired power plants are aging and emit high levels of carbon emissions. Using natural gas instead of coal for power generation should be considered, Siemens Taiwan said.

”Siemens is about to embark on its 60th year in Taiwan. We continue to focus on the needs of the market and clients, providing Taiwan with state-of-the-art green solutions that contribute to growth,” Elver said.

According to Siemens Taiwan, Siemens has developed its H-Class Combined Cycle Gas Turbine, which has achieved a proven world-record efficiency of 60.75 percent. This combined-cycle operation also features CO2 emissions up to 75 percent less than traditional coal-fired plants, thereby providing environmentally friendly power generation.

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Siemens Taiwan President and Chief Executive Officer Erdal Elver on Tuesday said Siemens is working to make Taiwan's manufacturing sector “smarter.” Elver said Taiwan's industry ...

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