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What is General Electric Corporation mean?
General Electric Company (GE) is an American multinational conglomerate incorporated in New York State and headquartered in Boston. As recently as 2018, the company operated through the following segments: aviation, power, renewable energy, digital industry, additive manufacturing, locomotives, and venture capital and finance. Three years later, in 2021, the conglomerate had divested from several areas, and primarily consisted of the first four segments: aviation, healthcare, power, and renewable energy.
In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th-most profitable company but later very severely underperformed the market (by about 75%) as its profitability collapsed. In 2021, a turnaround at GE started to take shape. Two employees of GE—Irving Langmuir (1932) and Ivar Giaever (1973)—have been awarded the Nobel Prize.
referencePosted on 15 Dec 2024, this text provides information on Miscellaneous in Military and Defence related to Military and Defence. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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