Siemens, Foxconn to Develop Sustainable Manufacturing

The companies say they will work to support sustainable manufacturing processes for electronics, information and communications technology, and electric vehicles

Scarlett Evans, Assistant Editor, IoT World Today

May 16, 2024

1 Min Read
Young Liu, Foxconn CEO and Cedrik Neike, CEO of Siemens AG digital industries signing MoU
Young Liu, Foxconn CEO and Cedrik Neike, CEO of Siemens AG digital industriesSiemens

Siemens has partnered with electronics manufacturer Foxconn to drive sustainability and digitalization in smart manufacturing. 

Under the memorandum of understanding, the partners said they would work to define standards for the factory of the future and support innovations to “positively impact” global manufacturing processes in electronics, information and communications technology, and electric vehicles.

Siemens said it will provide its Xcelerator portfolio to optimize Foxconn's operations for efficiency and agility.

"We believe in the power of ecosystems to drive digital and sustainability transformation and scale technology,” said Roland Busch, Siemens AG’s CEO. “Our partnership underscores our commitment to shape the future of electronics manufacturing.”

“Foxconn is transforming into a platform solutions provider for smart manufacturing, smart EV and smart city,” said Young Liu, Foxconn’s CEO. “Joining forces with Siemens accelerates our digital transformation journey and opens up new possibilities for innovation and sustainability."

The companies also said they would use Siemens' factory automation portfolio and industrial software, including building blocks such as digital twin technology and AI, to improve sustainability across Foxconn’s supply chain. 

Related:Siemens Expands Industrial Automation with EBM-Papst Acquisition

“Electronics are the backbone of modern society, powering consumer goods to EVs and e-mobility solutions,” said Cedrik Neike, Siemens’ CEO of digital industries. “With Siemens’ domain know-how and leading portfolio in factory automation and software, we will accelerate the transformation of the electronics manufacturing industry and support Foxconn to achieve its sustainability targets.” 

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About the Author(s)

Scarlett Evans

Assistant Editor, IoT World Today

Scarlett Evans is the assistant editor for IoT World Today, with a particular focus on robotics and smart city technologies. Scarlett has previous experience in minerals and resources with Mine Australia, Mine Technology and Power Technology. She joined Informa in April 2022.

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