Siemens today announced a major expansion of its Saskatoon research and development hub, strengthening its electronic design automation (EDA) capabilities to support rising global demand for advanced semiconductor and artificial intelligence technologies. The expansion adds 10,000 square feet at the Innovation Saskatchewan Research and Technology Park, bringing the site to approximately 45,000 square feet. This investment reinforces Canada's role in Siemens 's global Industrial AI strategy by enabling continued growth in AI software development for next-generation chip design.

"The global semiconductor market is entering a historic phase of growth driven by AI," said Amit Gupta, senior vice president, general manager and chief AI strategy officer, Siemens EDA, Siemens Digital Industries Software. "The advanced AI software developed in Saskatoon helps customers tackle the most demanding chip design challenges. This expansion reflects Siemens' long-term commitment to Canada's innovation ecosystem and to advancing Industrial AI that delivers real customer value."

The expansion is expected to support the creation of up to 100 new highly skilled roles over the next two years, growing the local workforce from approximately 300 to 400 employees. Recruitment will focus on software engineering, AI research and customer application expertise. This growth positions Saskatoon as a key global hub within Siemens' R&D network and supports the development of AI capabilities that help customers design and verify advanced semiconductor systems more efficiently.

Strategic Impact and Collaboration

The Saskatoon hub builds on Siemens' long-standing collaboration with the University of Saskatchewan, including the Siemens-supported EDA Chair, which helps develop specialized skills and strengthens the regional deep-tech talent pipeline. The investment aligns with Siemens' broader Industrial AI and comprehensive Digital Twin strategy, which aims to optimize design, engineering and manufacturing processes.

"The Saskatoon site is a standout example of how Siemens combines local talent with global scale," said Faisal Kazi, President and Chief Executive Officer, Siemens Canada. "What began as an entrepreneurial success has become a strategic center of excellence that serves customers worldwide. This expansion demonstrates our confidence in the Canadian tech sector and its ability to compete on a global stage."

Key Expansion Details

Siemens Limited has issued letters to members whose e-mail addresses are not registered with the company or its Registrar and Share Transfer Agent. These letters provide the web-link to access the Annual Report for the Financial Year 2024-26 and the Notice convening the 68th Annual General Meeting. The cut-off date for determining members entitled to receive the notice was Friday, July 3, 2026. This disclosure was made to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The 68th Annual General Meeting is scheduled to be held on Tuesday, August 11, 2026, at 3.00 p.m. (IST) through Video Conferencing or Other Audio Visual Means. The company has requested members to update their e-mail addresses with the company, the Registrar and Share Transfer Agent (MUFG Intime India Private Limited), or Depository Participants to receive future notices and correspondences electronically.

The Annual Report for FY 2024-26 and the AGM Notice are available on the company's website. Members can access the documents directly via the provided web-link or navigate through the investor relations section of the Siemens website. The filing was signed by Ketan Thaker, Company Secretary of Siemens Limited.