Editing Munich (section)

===Manufacturing===
Munich holds the headquarters of [[Siemens|Siemens AG]] (electronics), [[BMW]] (car), [[Traton]] (truck manufacturer, engineering), [[MTU Aero Engines]] (aircraft engine manufacturer), [[The Linde Group|Linde]] (gases) and [[Rohde & Schwarz]] ([[electronics]]). Among German cities with more than 500,000 inhabitants, purchasing power is highest in Munich (€26,648 per inhabitant) {{As of|2007|lc=y}}.<ref>{{cite web |url=http://www.just4business.eu/2007/07/in-hesse-the-purchasing-power-is-highest-in-germany/ |title=In Hesse the purchasing power is highest in Germany – CyberPress |date=25 July 2007 |publisher=Just4business.eu |access-date=25 July 2012 |archive-url=https://web.archive.org/web/20110916113128/http://just4business.eu/2007/07/in-hesse-the-purchasing-power-is-highest-in-germany/ |archive-date=16 September 2011 |url-status=live}}</ref> In 2006, Munich blue-collar workers enjoyed an average hourly wage of €18.62 (ca. $20).<ref>Landeshauptstadt München, Direktorium, Statistisches Amt: ''Statistisches Jahrbuch 2007'', page 206 (Statistical Yearbook of the City of Munich 2007). {{cite web |url=https://www.currency.wiki/eur_usd?value=18.62 |title=EUR to USD – Exchange Rate – Euro to Dollar Conversion – Live Rates |access-date=17 March 2020}}</ref>

The breakdown by cities proper (not metropolitan areas) of Global 500 cities listed Munich in 8th position in 2009.<ref>{{cite web |url=https://money.cnn.com/magazines/fortune/global500/2008/cities/ |title=Global 500 2008: Cities |publisher=Money.cnn.com |date=21 July 2008 |access-date=25 July 2012 |archive-url=https://web.archive.org/web/20100529093252/http://money.cnn.com/magazines/fortune/global500/2008/cities/ |archive-date=29 May 2010 |url-status=live}}</ref> Munich is also a centre for [[biotechnology]], software and other [[Tertiary sector of the economy|service industries]]. Furthermore, Munich is the home of the headquarters of many other large companies such as the [[injection moulding machine]] manufacturer [[Krauss-Maffei]], and its arms manufacturing branch [[Krauss-Maffei Wegmann|Krauss-Maffei & Wegmann]], the camera and lighting manufacturer [[Arri]], the semiconductor firm [[Infineon Technologies]] (headquartered in the suburban town of [[Neubiberg]]), lighting giant [[Osram]], as well as the German or European headquarters of many foreign companies such as [[Microsoft]].