Siemens in the Republic of Korea
1954
Eisenberg & Co. becomes the agent of S&H and SSW.
1959
An order is received for the supply of telephone exchanges.
1966
Gold-Star Co. Ltd., Seoul, becomes the agent for Siemens Telegraphy and Telephone Divisions.
1967
An independent Siemens subsidiary is opened in Seoul with Eisenberg & Co. and Gold Star Co. Ltd., which in 1971 becomes Siemens Electrical Engineering Co., Ltd.
1970
The joint venture Gold Star Tele-Electric Co. Ltd. (GST) is founded with Gold Star Communications Co. Ltd.; Siemens and Gold Star receive a major order for local and toll exchanges in South Korea.
1974
The company receives an order to supply the electrical equipment for the locks in Seoul harbor; Gold Star Tele-Electric is listed on the stock exchange.
1976
Siemens and Gold Star Tele-Electric receive an order for electrical railway signaling equipment for the metropolitan area of Seoul.
1986
Gold Star Tele-Electric Co. Ltd. is renamed Gold Star Telecommunication Co. Ltd.
1989
Siemens Electrical Engineering Co. Ltd. is liquidated and the company is renamed Siemens Ltd.
1996
Siemens and Samsung Electronics Co. Ltd. sign a sales and service agreement for Hicom telephone systems in Korea.
1997
Siemens equips the first private power plant in South Korea, Bugok, with combined-cycle technology.
2001
Opening of a training center for Siplace pick-and-place systems in Seoul
2002
The South Korean network operator KT International, Seoul, awards Siemens a contract to deliver a turnkey Surpass railway signaling system
2004
Siemens delivers automation systems and electrotechnical equipment for a new hot-dip galvanizing line in Korea
2005
Siemens wins a follow-up contract for a turnkey project to build the Bugok II 550-MW combined cycle power plant
2007
Delivery of three double-strand slab casting lines for the Hyundai Steelworks Dangjin in Korea.
