Siemens has also expanded its innovation pipeline by securing over 15,000 patents in the U.S and submitting more than 1,000 U.S. invention disclosures in 2017 alone, amounting to about five inventions per working day.
Disclaimer: The financial statements of the Siemens Group are reported in Euro. For this press release selected numbers have been translated to US-$ with the spot rate as of Feb. 28, 2018 (1,2214)
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Siemens Corporation Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. With approximately 372,000 employees in 190 countries, Siemens reported worldwide revenue of $92.0 billion in fiscal 2017. Siemens in the USA reported revenue of $23.3 billion, including $5.0 billion in exports, and employs approximately 50,000 people throughout all 50 states and Puerto Rico. To receive expert insights, sign up for the Siemens’ U.S. Executive Pulse leadership blog.
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