Siemens (SIEGn.DE) has seen important growth in demand for
code for industrial plant automation in China
in a very typically weak setting for capital outlay on automation
instrumentation within the country, Chief government Joe Kaeser same on Tues.
"I assume what we tend to see, in a way, is 2 worlds
out there in China.
Automation capex is actually, extremely light-weight," Kaeser told
analysts on a phone call.
"What we tend to do see although... is critical growth
in code, that may be a nice development to visualize as a result of China has
historically been slightly slow to introduce trendy ways that of
simulation," he added.
"With our combination of code and automation we tend to
believe we will outmatch the market on the average, however China's
about to be slow and it remains to be seen whether or not we tend to see a
property demand-related pickup."
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