GE is the world biggest diversified service company and also the supplier with high quality, high-tech industrial and consumer product. From airplane engine, electric equipment to financial service, and from medical Mammography, TV show to plastics, GE focus on making a better life through various technology and services. GE launches business in over 100 countries and has about 300,000 employees all over the world. Since Sep. 7th, 2001, Mr. Jeffrey R. Immelt has become the CEO and president instead of Welch. J,
GE Business: “7 Development Engines”—generate great profits and become the market leader with superior advantageous in technology, cost, service, global distribution and capital efficiency: GE Money, GE Commercial Finance, GE Energy, GE Medicine, GE Base Station, NBC, and GE Communication; “4 Cash Growth Poles”—continuously create cash flow and profit in the increasing economic environment: Momentive Performance Materials, GE Consumer & Industrial, GE Equipment & Service, and GE Insurance.
Introduction of GE
GE is the biggest electrical appliance and electronic aid maker in the United States and even the world, which occupies 25 of the total output of the national power industry in the United States. The headquarter of GE locates on Fairfield City, Connecticut. GE is comprised of several diversified business groups, and of which 13 groups can list on Fortune 500. GE’s new products were a winner at a competition of 100 new products hold by America’s Industry Research magazine.
GE in China
Early in 1906, GE start the business with China and became one of the most vigorous and influential foreign companies.
Until now, all the industrial product groups have launched their business in China. Moreover, GE tries its best to be a good enterprise citizen.
There are 6 departments under the control of GE in China: business financial service, consumer finance, industry, infrastructure, medical equipment, and NBC. |