What is the History of General Electric?

General Electric, General Electric Company (GE for short), founded in 1892, also known as Strange Company, NYSE : GE , is the world's largest multinational company that provides technology and services. Since Thomas Edison founded General Electric, GE has gradually grown into an outstanding multinational company in the company's diversified development. Currently, the company operates in more than 100 countries and employs 315,000 people. ^[1]

General Electric Company

General Electric Company, USA

General Electric Company (GE) is the world's largest diversified service company.

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Among the technology stocks, the historical market value of General Electric is the second largest market value stock other than Microsoft. The market value of General Electric once exceeded 580 billion U.S. dollars. There are three companies that exceeded US $ 600 billion. If inflation is taken into account, the highest peak is equivalent to US $ 829.3 billion in 2012.

On October 13, 2014, GE Capital Aviation Services, the aircraft leasing arm of General Electric (GE), announced that it would acquire MilestoneAviationGroup, an Irish-based helicopter leasing company, for $ 1.78 billion. Milestone owns 168 helicopters valued at approximately $ 2.8 billion. The transaction is expected to be completed next year.

General Electric is made up of

The American General Electric Company launched the American General Electric website in 1996. The marketing purpose used in the design of this website is based on the B2C operating model, with 6 to 8 leading appliances as the promotion target; it aims to win about 25% of new home-based customers, while taking into account other replacement or addition of individual products customer. After several overall structural adjustments, it has now become a large e-commerce website for online sales, online design, online consulting and services. The following

As early as 1906, GE began to develop trade with China and was one of the most active and influential foreign companies in China at that time. In 1908, GE established the first light bulb factory in Shenyang. In 1934, GE bought Shenchang Yangxing and began to provide installation and maintenance services for imported electrical equipment in China. In 1979, GE reestablished trade relations with the People's Republic of China. In 1991, the first joint venture GE Aviation

General Electric Company of the United States is the world's largest electrical equipment, electrical and electronic equipment manufacturing company, and its output value accounts for about 1/4 of the total output value of the American electrical industry.

GM is the United States

US General Electric (GE) announced in Beijing on the 7th that it will

In the global brand value rankings in 2000, "GE" ranked fourth with a brand value of 33.502 billion yuan, and the top 20 are all world-renowned brands. Nineteen of the owners of these brands are professional companies, and only one is a multi-business company. This is GE.

Mr. Jack Welch, who was named "World Manager" by Fortune Magazine in 1999, described the company he led: General Electric is the world's largest diversified service company, and is Providers of consumer products.

In 2007, GE sold the plastics business unit to Saudi Basic Industries for $ 11.6 billion.

In 2009, the National Broadcasting Corporation (NBC) stake was sold to Comcast, the largest cable operator in the United States.

On March 24, 2016, GE CEO announced at the Boston College CEO Club Forum that GE headquarters will be relocated to Boston in 2018 ^[21] .

November 18, 2016 36 Media: According to foreign media, GE acquired Bit Stew, a startup in the Industrial Internet of Things (IIoT) sector, with a transaction value of US $ 153 million. ^{[twenty two]}

On July 16, 2018, Microsoft and General Electric announced that they will expand cooperation between the two companies and combine operational and information technologies to remove obstacles that industrial enterprises face in advancing digital transformation projects. ^{[twenty three]}

On October 1, 2018, General Electric announced the appointment of H. Lawrence Culp (Jr.) as the company's new CEO, replacing John Flannery. Thomas W. Horton succeeded Flannery as the company's Lead Director. ^{[twenty four]}