ge

General Electric Company was founded in 1892, which was formed by the merger of Edison General Electric Company and Thomson Houston Electric Company. Relying on its economic strength (backed by Morgan Bank) and R&D capability (the earliest research laboratory of the company was established in 1900), the company succeeded in the competition. In the 1920s, General Electric Company established joint ventures with Westinghouse Electric Company, AT&T Company and RCA Company. 1956, General Electric Company set foot in the computer industry, but sold its computer enterprise to Honeywell Company in 1970 because it was unprofitable. By 1980, the company's income from selling plastics, household appliances, nuclear reactors and jet engines reached $25 billion. In the 1980s, GE's strategy was to keep only those businesses that were capable of being among the best in the world market. To this end, the company has taken various measures, including closing factories, selling assets and dismissing employees. During the period of 1980- 1989, the company sold 25% of the sales of 1980, mainly focusing on medical devices, credit services and high-performance plastics and ceramics. 1984 bought employee reinsurance company, 1986 bought American radio company, 1990 bought Kidder Peabody investment bank company. 1990, General Electric Company entered Eastern Europe and acquired most of the property rights of Tuslam Lighting Company in Hungary. 199 1 year, the company acquired the property rights of Thorne light source company in Britain. 1994 GE's holding company in China-GE China co., ltd. was formally established and became an investor in ge's business in China. GE is developing joint ventures and cooperation with China in power plants, power generation equipment, household appliances, motors, aircraft engine services, financial services and other business areas. Scope of business GE Company is a diversified multinational company. Lighting, transportation, power transmission and medical equipment are GE's traditional businesses, which have continued to this day. Involved in 12 main fields: aero-engine manufacturing, broadcasting and television (NBC), power distribution equipment manufacturing, electrical machinery and industrial systems, financial services, electric power systems, information services, lighting engineering, locomotive manufacturing, household appliances manufacturing, medical equipment systems, and plastic engineering. The main product GE's products and services range from household appliances to aircraft engines, from personal finance to aircraft financing. The company's main products in the aerospace field are: GE90 engine (for Boeing 777), CF6 series engine (for Airbus A300/A330 and Boeing 767, 747), CFM56 series engine for international cooperation, F4 14 engine, F10 engine and T700 engine. Organizational structure GE company is a listed company. The board of directors is the decision-making body of the company, with a senior executive office, consisting of CEO, senior executive vice president, chief financial officer, chief information officer, manager of human resources department, manager of business development department, manager of global research department, consultant and secretariat department. The three business units under it mainly include: long-term business: including aircraft engine group, medical equipment system group, power system group and transportation system group. Short-term business: including household appliances group, industrial systems group, National Broadcasting Corporation (NBC), plastics group and special materials group. Financial services: including commercial financial services companies, consumer financial services companies, equipment management companies (mainly financial leasing) and insurance companies.