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> and now is back to engineering There is no company called GE anymore. Most of its engineering units were sold off to other companies which just license its b
by paxys 2y ago
> and now is back to engineering
There is no company called GE anymore. Most of its engineering units were sold off to other companies which just license its brand. GE appliances, for example, are actually Haier. GE Lighting was sold to a home automation startup.
GE's biggest value creator today is its brand name, not its engineering.
- collinmcnulty 2y agoThis is not correct. There are three companies formed from the splitting up of GE that all do serious engineering. GE Aviation, GE Vernova (power), and GE Healthcare.