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by paxys 638 days 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.

1 comments

This 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.