Overview
- Roland Busch said a lion's share of about €1 billion in Siemens' AI investment is going to the United States and partly to China to move faster.
- Of roughly €2 billion in recent capital expenditure, about €1 billion was invested in Germany, according to Busch.
- Siemens is still investing heavily but warns it is becoming increasingly difficult to do so in Germany.
- Busch called for rapid implementation of promised coalition reforms to keep investment in the region.
- An Ifo survey in October reported 36.6% of German companies saw declining competitiveness versus non‑EU countries, marking a record low assessment.