Recently, the news of Siemens PLC price increase has been widely reported. In fact, it has been confirmed that the price has indeed increased, and the increase of some models is as high as 10%. Some media attributed the reason for this price increase to Siemens deliberately creating scarcity in order to improve performance, which caused dealers to accumulate inventory and maintain a wait-and-see attitude. But in fact, this may not be the main reason. Let's analyze it together. Siemens' orders in the first three quarters fell year-on-year! Siemens' financial report for the first three quarters of 2024 shows that year-on-year revenue is rising steadily, but year-on-year orders are on a downward trend. Q1 orders reached 22.3 billion euros, down 2% year-on-year; revenue increased 6% year-on-year to 18.4 billion euros. Q2 orders reached 20.5 billion euros, down 13% year-on-year; revenue was 19.2 billion euros, almost flat year-on-year. Q3 orders reached 19.8 billion euros, down 16% year-on-year; revenue increased 5% year-on-year to 18.9 billion euros. Therefore, some media believe that Siemens may have adopted a strategy of not releasing goods and creating market scarcity in order to achieve better performance data in Q4, and it seems to make sense to push up product prices. However, the price of a product actually depends on the two most important factors, market demand and cost. Siemens WA products have increased in price! The sudden increase in Siemens PLC prices caught everyone off guard. The different prices in one day are hard to accept, and many agents and users are not very receptive to this price increase, thinking it is artificial and will not last for a few days. But is it really so? On August 20, Siemens WA product price adjustment notice showed that based on market changes, the price of the home appliance Haocai series increased by 5%-8%, and the price of the Ruichen PC series increased by 20%. European industrial companies expect raw material prices to rise! In addition, the dynamic changes in market demand and expectations for the future market also have an impact on prices that cannot be ignored. There are signs that market demand is not clear in the last few months of this year, and there is a high probability that it will continue to decline. However, there is another important factor affecting the price of industrial products-cost. According to a survey of nearly 200 executives in relevant regions by consulting firm Inverto, many European industrial companies expect raw material prices to rise, especially plastics and industrial metals such as aluminum and copper. The price of industrial metals will see the largest increase. The current price of industrial metals is far below the peak in early 2022. In addition to rising raw material prices, the adjustment of procurement strategies of many European companies and factors such as high inventory have also greatly increased corporate costs. Of course, changes in product prices are indeed full of uncertainty. Many factors such as market supply and demand, raw material costs, policies and regulations, and competitive situations are intertwined and jointly affect the trend of product prices. In this case, accurately predicting whether a product will increase in price is indeed a very challenging task, and we will continue to pay attention to the price trend of Siemens PLC. For your automation hardware solutions! Many Available just wait for you, feel free to ask to get better deal!!!Bou LSales [email protected]+86-175 5077 6091
View MoreDear All, In accordance with the national statutory holidays and considering our company's actual situation, we hereby notify the schedule for the 2024 Dragon Boat Festival holiday: The holiday will be from June 8, 2024 (Saturday) to June 9, 2024 (Sunday), for a total of 2 days. We will resume work on June 10, 2024 (Monday). Please make arrangements in advance to ensure the smooth operation of work during the holiday period. Origin and Traditions of the Dragon Boat Festival The Dragon Boat Festival, also known as Duanwu Festival, is one of the four major traditional festivals in China, with a history of over two thousand years. The festival originated during the Warring States period to commemorate the patriotic poet Qu Yuan. Qu Yuan was a loyal minister of the Chu State who, due to political reasons, was exiled. Devastated by the fall of the Chu capital to the Qin army, he committed suicide by drowning in the Miluo River. The people of Chu, in remembrance of him, raced their boats to retrieve his body and threw rice dumplings into the river to prevent fish and shrimp from eating it. This custom gradually evolved into today's Dragon Boat Festival. Traditions of the Dragon Boat Festival Eating Zongzi: Zongzi are traditional rice dumplings made from glutinous rice stuffed with various fillings, wrapped in bamboo or reed leaves, and tied with string before being steamed or boiled. Zongzi are not only delicious but also symbolize protection from evil spirits and blessings. Dragon Boat Racing: Another major activity during the Dragon Boat Festival is dragon boat racing. This is not only a competitive sport but also represents teamwork and the spirit of unity. Hanging Mugwort and Calamus: On this day, people hang mugwort and calamus on their doors to ward off evil spirits and diseases, wishing for health and safety. Significance of the Dragon Boat Festival The Dragon Boat Festival is not only a time to commemorate Qu Yuan but also a significant embodiment of China's excellent traditional culture. By celebrating the Dragon Boat Festival, people remember the patriotism of ancient sages and promote the spirit of unity and traditional virtues of the Chinese nation. We wish all employees a happy Dragon Boat Festival and good health! Best regards, Human Resources DepartmentJune 6, 2024
View MoreFollowing the January 2023 spin-off from General Electric (GE) medical equipment business GE HealthCare listing, earlier this month, the other two business segments also completed the independent listing. On April 2, local time, GE released a notice saying that GE Aerospace (aerospace) was established as an independent investment-grade public company after the completion of the GE Vernova spin-off. At this point, GE has been planning for many years to complete the successful completion of the spin-off and listing program. It is understood that GE Aerospace is listed on the New York Stock Exchange (NYSE) under the ticker symbol "GE". As you can see, Aerospace has become the core of the original group. Two companies listed on the same day At 9:30 a.m. EST, GE Aerospace and GE Vernova jointly rang the opening bell at the New York Stock Exchange. In this regard, GE Aerospace Chairman and CEO H. Lawrence Culp Jr. said, "With the successful listing of three separate public companies, today marks the historic final step in GE's multi-year transformation." Publicly available information shows that GE Aerospace, with approximately 44,000 civil engines in service and approximately 26,000 military (defense) engines worldwide, is a global leader in aerospace power, services and systems integration. in 2023, the company's adjusted revenues will be approximately $32 billion, with 70 percent of that amount coming from strong economics in the services and engine aftermarket. In Greater China, the company has more than 7,700 engines in service and an open repair service network including eight overhaul shops and one express repair shop. At its investor day in March, GE Aerospace reaffirmed its 2024 revenue guidance and presented its long-term financial outlook, including an expected operating profit of approximately $10 billion in 2028. Another company listed on the same day, GE Vernova is an independent company focused on accelerating the energy transition, with operations spanning power generation, wind power and electrification. GE Vernova's equipment provides 30% of the world's electricity, and the company has the world's largest installed base of more than 7,000 gas turbines and about 55,000 wind turbines, according to the company. As of 2024, the company employs more than 80,000 people in more than 100 countries. In mid-February, GE announced that it was preparing to spin off GE Vernova in early April, following strong results and continued momentum in 2023, said the company in a registration statement filed with the U.S. Securities and Exchange Commission (SEC) about its plans to spin off GE Vernova. GE Vernova will be divided into three operating segments: Power: includes the design, manufacture and maintenance of natural gas, nuclear, hydro and steam technologies that provide the key foundation for dispatchable, flexible, stable and reliable power. Wind: includes wind power technologies, including onshore and offshore wind turbines and blades, for utilities, renewable energy developers, independent power producers and commercial customers. Electrification: Includes grid solutions, power conversion, solar and storage solutions, collectively known as electrification systems, and digital technologies. "Industrial Internet" Initiators Sell Core Assets Founded in 1892, GE is now in its 132nd year, during which time the company has grown rapidly through the Second Industrial Revolution, represented by electricity, and has survived the Third Industrial Revolution. Although in the twentieth century in the 1980s, GE suffered a major business crisis, but the good thing is that there is "the most respected CEO", "the world's first CEO" called Jack Welch (Jack Welch) under the leadership of the company's market value from Less than $ 150 billion soared to $ 480 billion, profitability is ranked first in the world. Entering the new century, the fourth industrial revolution has been frequently mentioned, and the concept of "Industry 4.0" proposed by Germany has received great attention. In 2006, the German federal government adopted the "High Technology Strategy 2020" strategy document, which focuses on the introduction of "Industry 4.0". Six years later, in 2012, GE first put forward the concept of "industrial Internet", and the following year, the company launched the world's first industrial Internet platform product Predix. In 2015, Predix 2.0 was launched, with more than 50 million items of data being monitored and analyzed. In the same year, the company established the GE Digital digital group, whose business not only covers software and IT functions, but GE Digital is its core asset. However, just as the industry was concerned that Predix was about to have a career in the industrial Internet, it was rumored in August 2018 that GE planned to sell the Digital Group, including the industrial Internet platform Predix, MES software Proficy, and management APM software (ServiceMax and Meridium). Comments on GE's "shallow" failure in industrial internet deployment have been mixed. Some analysts believe that Predix's business was conducted only in-house in the early stages, and the development model is more traditional, unable to keep up with the external market for rapid iteration requirements. Other voices believe that the sale of Predix shows that the construction of cross-industry and cross-domain industrial Internet platforms is a long-term and arduous systematic project, which cannot be accomplished overnight. Abatement of massive debt through IPO In November 2021, GE announced that it would spin off and form Aerospace, Healthcare and possibly Renewable Energy and Power into three entities and seek a separate IPO. The company claimed that splitting the businesses would not only improve its financial position, but also help improve execution efficiency and drive growth. According to GE's proposed spin-off and series of investment plans, it will help it eliminate as much as $75 billion in debt by the end of 2021. In addition, GE has taken a series of initiatives over the past few years to solidify the growth of its key businesses, including the reduction of more than $100 billion in debt since 2018, according to public information. And thanks to GE's long history and accumulation of innovation, a solid foundation for growth has been laid for the newly split companies GE Healthcare, GE Vernova and GE Aerospace. Write in the end In recent years, with the changes in the external business environment and internal problems caused by the lack of corporate management, many of the world's leading large-scale industrial and automation companies, continue to slim down and downsize, or sell or spin off non-core assets. For example, as a major player in the industrial control field, Honeywell announced about six months ago a business portfolio adjustment program, focusing on three major trends: automation, future aviation and energy transformation. "Each business segment is underpinned by our strong digital capabilities and solutions. The simplified structure will allow Honeywell to realize synergies that will accelerate the innovation process and leverage financial strengths." So said Vimal Kapur, CEO of Honeywell. There are also Toshiba and Siemens. Due to the deep debt quagmire, in order to raise funds, Toshiba not only sold a large number of non-core assets, and even the high-quality and good cash flow storage business spinoff. And similar to GE, which has an unrivaled scale of business assets, Siemens has been selling off a lot of its non-core assets and spinning off several of its major assets into separate listings.
View MoreDear Customer: The Spring Festival of the Year of the Dragon 2024 is approaching. All employees of TZ Tech would like to deeply thank you for your long-term support and love for our company! We extend our sincerest blessings and greetings to you! In the new year, our company will work harder to provide you with better services. ! The company has scheduled the Spring Festival holiday from February 9, 2024 to February 18, 2024. Return to work as normal on February 19, 2024. Customers are requested to prepare their goods in advance. January 29, 2024 www.tztechio.com
View More(January 19, 2024, Shanghai, China) Recently, Rockwell Automation (NYSE: ROK), one of the world's leading companies in the fields of industrial automation, informatization and digital transformation, released the "Sustainable Development 2023 Annual Report" (hereinafter referred to as "Report"). The report details the company's progress and results in sustainability, as well as how Rockwell works with the manufacturing industry and communities around the world to create impact and change around sustainability. "For more than 120 years, we have been committed to improving the efficiency of industrial processes, which includes making full use of scarce resources." said Blake Moret, chairman and CEO of Rockwell Automation. "Today, our advanced technology and domain expertise can Helping manufacturers of all types address complex challenges so they can make high-quality products while effectively reducing negative environmental impacts." Smart manufacturing technology plays a vital role in driving environmental, social and governance (ESG) and sustainable development. According to the eighth edition of Rockwell's annual "State of Intelligent Manufacturing Report", when manufacturers implement sustainable development and ESG policies and initiatives, improving efficiency is the primary driving factor. This shows that sustainable development is an important means for enterprises to improve operations and enhance profitability. Rockwell’s ESG Progress in 2023 The report not only showcases how Rockwell helps customers achieve their sustainability goals through innovative, sustainable products and solutions, but also highlights the company's ESG initiatives and programs. These initiatives and programs not only allow Rockwell to better embrace sustainability, but also promote the company to create a corporate culture that pays more attention to employee safety, sustainable and responsible production. As early as 2020, Rockwell announced its carbon neutrality goal—the company plans to achieve net-zero carbon emissions targets for Scope 1 (direct) and Scope 2 (indirect) by 2030. The 2023 Annual Report details the company's efforts to achieve this goal and sets out emissions baseline information for Scope 3 (value chain), clarifying that indirect emissions from the company's value chain account for 99% of its Scope 3 carbon footprint. The report highlights the latest ESG initiatives in 2023, including: UN Global Compact: Rockwell joins the United Nations Global Compact. The report sets out eight United Nations Sustainable Development Goals (SDGs) where Rockwell believes it can have the greatest impact in promoting sustainable development. Science Based Targets Initiative (SBTi): Rockwell joins this initiative co-sponsored by the United Nations Global Compact, the Carbon Disclosure Project (CDP), the World Resources Institute (WRI) and the World Wildlife Fund (WWF). The initiative aims to address corporate climate action. Sustainable Product Design: Rockwell decided to form a new team responsible for integrating sustainable design principles, metrics and requirements into the common product development process. Collaborating to build sustainable communities Advanced manufacturing has a strong demand for talents with technical optimization knowledge and skills, but labor and skill shortages still plague companies in all industries. The 2023 Annual Sustainability Report highlights that Rockwell is actively working to develop a workforce that is proficient and willing to use these advanced tools. The report also highlights the importance of collaboration between government, education institutions and industry to develop the workforce skills needed today and into the future. "At a time when labor and skill shortages are affecting manufacturers in all walks of life, whether people can adapt to advanced technologies and get opportunities to upgrade their skills has become a key factor in determining success or failure." Moret said, "If in the process of technology application By adhering to a 'people-centric' approach, we will see significant improvements in all aspects of production operations, from efficiency to employee safety, and have a positive impact on corporate profitability and sustainable development." For your automation hardware solutions! Many Available just wait for you, feel free to ask to get better deal!!!Bou LSales [email protected]+86-175 5077 6091
View MoreTZ TECH, located in Xiamen, a beautiful coastal city in China, is a leading enterprise with ten years of rich sales experience. With its professional engineer team, global sales network, high-quality after-sales service and one-on-one sales consultants, the company focuses on the sales and service of industrial automation accessories. Through continuous efforts and innovation, TZ TECH has established a strong accumulation of experience to meet customer needs for high quality, reliability and advanced technology. The company not only serves the Chinese market, but also conducts sales operations globally. By establishing a strong supply chain and partner network, TZ TECH is able to provide high-quality automation accessories to international customers. The company ensures competitive prices for its products through efficient operations and supply chain management, as well as close cooperation with dealers. Customers can enjoy obvious price advantages while ensuring quality. TZ TECH provides a rich product line of industrial automation accessories, covering sensors, controllers, human-computer interaction and other fields. No matter what the customer's needs are, the company is able to offer a variety of options.
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