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Technology Stocks : Alcatel (ALA) and France

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To: zbyslaw owczarczyk who wrote (3746)1/31/2002 12:58:41 PM
From: elmatador   of 3891
 
SI CEO speaks about: Innovative strength
Pierer noted that Siemens has another major advantage in addition to its balanced portfolio and its global reach: its great innovative strength. The company is a leader in the development of new products, systems and solutions. Siemens spent EUR6.8 billion on research and development last year, marking a new record. With over 9,000 invention registrations and more than 6,000 patent registrations a year, Siemens is the largest patent applicant in Germany and Europe. In this context, Pierer underscored the fact that the successful turnarounds in the previously struggling Power Engineering, Transportation Systems, and Medical Solutions Groups were attributable to the rigorous implementation of focused innovation drives
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