quipment, systems, and services used to process and transmit electrical power from the source, such as power plants, and onshore and offshore wind farms, to various points along the power transmission network. This division is working with joint ventures in China involving different partners and has a joint venture with Infineon Technologies in Germany for the design, manufacture, and sale of high-performance semiconductors. Energy Service This division offers services for products, solutions, and technologies, covering performance improvements, maintenance services, customer trainings, and consulting services for the divisions, such as Fossil Power Generation, Wind Power, and Oil & Gas. Distribution This sector distributes its products and services through its own dedicated sales force, supported by the company’s worldwide network of regional companies. Additional sales channels include joint ventures and licensing partners. Customers This sector’s principal customers are power utilities, independent power producers, and industrial companies, primarily in the oil and gas industry. Competitors Fossil Power Generation: This division’s major competitors in gas turbines include Alstom, General Electric, and Mitsubishi Heavy Industries. This division’s major competitors in steam turbines include Alstom, Bharat Heavy Electricals Limited, General Electric, and Toshiba. This division’s major competitors in instrumentation and controls include ABB and Emerson Electric. Wind Power: This division’s major competitors in the onshore market include Enercon, Gamesa, General Electric, Goldwind, Repower, and Vestas. In the offshore market, the principal competitors include Alstom, Areva S.A., and REpower. Oil & Gas: This division’s major competitors in automation and electrical equipment include ABB and Honeywell. This division’s major competitors in compressors and steam and gas turbines include Dresser Rand, General Electric, MAN Diesel & Turbo, and Solar Turbines. Power Transmission: This division’s major competitors include ABB with its Power Products and Power Systems divisions, and the Grid division of Alstom. HEALTHCARE This sector develops, manufactures, and markets diagnostic and therapeutic systems, devices, and consumables, as well as information technology systems for clinical and administrative purposes. This sector offers customers a portfolio of medical solutions across the treatment chain—ranging from medical imaging to in-vitro diagnostics to interventional systems and clinical information technology systems—all from a single source. In addition, this sector provides technical maintenance, professional, and consulting services, and together with Financial Services, financing to assist customers in purchasing this sector’s products. In the year ended September 30, 2013, the company, either directly or through its affiliates, delivered certain medical equipment, including an ultrasound device, CT scanners, a MRI and related accessories, and X-ray systems and related accessories, as well as provided related spare parts and maintenance services, hearing aids and diagnostic reagents, in certain cases through private Iranian or non-Iranian distribution partners, to end customers that included certain Iranian state hospitals, universities and other state-funded health organizations and centers. This sector includes four divisions: Imaging & Therapy Systems, Clinical Products, Diagnostics, and Customer Solutions. This sector also includes one sector-led business unit, Audiology Solutions. Imaging & Therapy Systems This division provides large-scale medical devices for diagnostic imaging and for image-guided therapies. Imaging equipment includes computed tomographs, magnetic resonance imaging equipment, angiography systems for diagnostics, and positron emission tomography. Image-guided therapies primarily comprise angiography systems for minimally invasive procedures and computed tomographs in radiation therapy planning. Clinical Products This division primarily comprises the business with ultrasound and X-ray equipment, including mammography. In addition to providing so
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