Siemens Wins Taiwan Metro Signalling Work as Shares Slip in Broad European Selloff
Published on 11/08/2026 at 17:12 | Editorial boerse-global.de
Siemens will supply signalling and control technology for two metro routes in Taoyuan, Taiwan, the company said Thursday, with ST Engineering named as the client. The scope also covers automation of operations. The announcement did not shield the stock: Siemens shares closed Friday down 2.9%, caught in a wider European pullback that Reuters linked to uncertainty over AI-related equities following the US election outcome.
Driverless operation targeted for mid-2030s
The contracts cover the Brown Line and the extension of the Green Line. Siemens is contributing its Signaling X technology, while ST Engineering handles project management and system integration. The new equipment is designed to support fully automated GoA4 operation along with train monitoring. Revenue from the work is not expected to hit the top line soon — commissioning of the new sections is scheduled for the mid-2030s.
Chippenham hub secures 800 jobs
Rail infrastructure was in focus on the corporate side as well. Siemens opened a manufacturing and research centre for rail infrastructure in Chippenham, England, investing EUR 115 million. The site employs 800 people, and the company said the centre safeguards those local positions. The facility sits within Siemens Mobility and concentrates on technology and innovation for rail infrastructure.
Pune Metro Line 3 enters service
In India, Siemens Mobility reported the start of operations on Pune Metro Line 3, which opened for commercial passenger service Tuesday after its official inauguration. Siemens supplied signalling, electrification and communications technology, plus ten years of maintenance.
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Evacuation train planned with Lufthansa Technik Defense
Siemens Mobility and Lufthansa Technik Defense agreed Tuesday to jointly plan a rail-based solution for medical evacuations. The proposed train would be able to carry more than 150 patients and is intended for use in both military evacuations and civilian disasters.
Buyback rolls on
The company also reported fresh purchases of its own stock under its running buyback programme on Monday. Between 26 October and 1 November inclusive, it acquired roughly 360,000 shares. Since the programme began on 1 July, the total volume through 1 November came to about 5.6 million shares.
Low-voltage drive for mobile robotics
Siemens Digital Industries used Monday to unveil a new low-voltage drive solution for automated guided vehicles and mobile robotics, built around the Sinamics E210 converter and Simotics E-1EE1 servo motors.
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Life-sciences recognition
Away from rail, Siemens said Wednesday it had been ranked a leading provider in the IDC MarketScape for the lab of the future in life-sciences research and development.
Results due 12 November
Siemens will publish fourth-quarter figures and preliminary numbers for fiscal 2026 on 12 November. The press conference is scheduled for 08:00 CET, with the analyst call set for 09:30 CET.
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