Power management- Partnerships to provide energy efficient solutions and reduce global demand for non-renewable energy sources will drive future opportunities for the industry.

FORBES: Why Chip Makers Must Keep Innovating

Siemens, under Chief Executive Peter Loscher, has said it will focus on energy, industry and health care, yet, the company is still wrestling with non-core and, in some cases, underperforming businesses like its telecommunications joint venture with Nokia and its Osram lighting business.

FORBES: Siemens Sends A Strong Signal On Growth

Hitherto NSG rules barred nuclear commerce with any country that had not signed the Nuclear Non-Proliferation Treaty (NPT) or had not put all its nuclear industry under safeguards operated by the International Atomic Energy Agency, the UN's nuclear guardian.

ECONOMIST: Mourning an exemption that may defeat the rules