Now Siemens had actually outsourced a lot of its manufacturing and what we hear from the market is a lot of their vendors are themselves copying the Siemens technology and selling it as this is Siemens’ product so you can buy it at a cheaper price than us.
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fears
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening.
November 10, 2026