{"id":45426,"date":"2015-12-08T11:34:15","date_gmt":"2015-12-08T11:34:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=45426"},"modified":"2015-12-08T11:34:15","modified_gmt":"2015-12-08T11:34:15","slug":"siemens-raises-research-spending-by-7-per-cent","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/siemens-raises-research-spending-by-7-per-cent\/","title":{"rendered":"Siemens raises research spending by 7 per cent"},"content":{"rendered":"<p>German industrial group Siemens will raise its spending on research and development by almost 7 per cent this year to 4.8 billion euros ($5.2 billion), it said on Tuesday. <\/p>\n<p>Most of the additional funds are earmarked for its core businesses of automation, digitisation and decentralised energy systems, the trains-to-turbines group said at the start of a capital markets day in its home city of Munich. <\/p>\n<p>The rise means Siemens will likely spend a higher proportion of its revenue on R&#038;D than the 5.9 per cent it spent in its fiscal year to September 2015. It expects a &#8220;moderate&#8221; rise in sales this year, which it has said means up to 5 per cent. <\/p>\n<p>Siemens announced a new order for high-voltage direct-current transmission technology for routes between northern and southern Germany, a potential alternative to building controversial new power lines. <\/p>\n<p>The order, from Amprion and Transnet BW, is worth 900 million euros between now and 2018, Siemens said. <\/p>\n<p>Siemens also said it would create a new fund of initially up to 100 million euros over three years for employees to propose and carry out projects. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>German industrial group Siemens will raise its spending on research and development by almost 7 per cent this year to 4.8 billion euros ($5.2 billion), it said on Tuesday. Most of the additional funds are earmarked for its core businesses of automation, digitisation and decentralised energy systems, the trains-to-turbines group said at the start of a capital markets day in its home city of Munich. The rise means Siemens will likely spend a higher proportion of its revenue on R&#038;D than the 5.9 per cent it spent in its fiscal year to September 2015. It expects a &#8220;moderate&#8221; rise in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-45426","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/45426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=45426"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/45426\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=45426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=45426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=45426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}