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(Die Seite wurde neu angelegt: „thumb|1950's advertisement for the Siemens spin-dryer. (Source: Siemens Corporate Archives) In addition to communications technology, Werner Siemens succeeded in laying the cornerstone for electrical engineering with the discovery of the dynamo-electric principle in 1866. This dynamo for the first time allowed mechanical energy to be converted cost-effectively into electricity. The machine was the trigger for a series…“)
(Die Seite wurde neu angelegt: „===== Wartime economy =====“)
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As the popularity of electricity spread, there was increasing competition from other companies at the end of the 19th century. The "Deutsche Edison-Gesellschaft für angewandte Elektricität", which was founded in Berlin in 1883 and later became known as AEG, continued to pose serious competition until the mid-1990s. The competitor "Elektrizitäts-AG", formerly "Schuckert & Co.", on the other hand was already taken over by Siemens in 1903 and merged with its own heavy-current division to form "Siemens-Schuckert-Werke GmbH".<ref>Siemens AG (Ed): 150 Jahre Siemens, pages 30-31.</ref>   
As the popularity of electricity spread, there was increasing competition from other companies at the end of the 19th century. The "Deutsche Edison-Gesellschaft für angewandte Elektricität", which was founded in Berlin in 1883 and later became known as AEG, continued to pose serious competition until the mid-1990s. The competitor "Elektrizitäts-AG", formerly "Schuckert & Co.", on the other hand was already taken over by Siemens in 1903 and merged with its own heavy-current division to form "Siemens-Schuckert-Werke GmbH".<ref>Siemens AG (Ed): 150 Jahre Siemens, pages 30-31.</ref>   


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Siemens & Halske expanded its product portfolio to cover the entire field of electrical engineering through other specialist subsidiaries and associated companies. For example, Siemens & Halske was also active in the area of automobile manufacturing for a brief period between 1908 and 1926. Regarded as very progressive even by today's standards, the company was already building electric vehicles at this time that were as advanced technically as the combustion engine vehicles it also manufactured.<ref>Siemens AG (Ed): 150 Jahre Siemens, pages 28-29.</ref>   
Über weitere spezialisierte Tochter- und Beteiligungsgesellschaften weitet Siemens & Halske sein Produktportfolio auf das gesamte Gebiet der Elektrotechnik aus. Für die kurze Zeit zwischen 1908 und 1926 ist Siemens & Halske beispielsweise auch im Automobilbau tätig. Auch aus heutiger Sicht schon sehr fortschrittlich, baut das Unternehmen zu dieser Zeit neben Automobilen mit Verbrennungsmotor bereits technisch gleichwertige Elektromobile.<ref>Siemens AG (Hrsg): 150 Jahre Siemens, S. 28-29.</ref>
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===== Kriegswirtschaft =====
===== Wartime economy =====
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