GE shift the focus of speculation cited the sale of the sale of lighting sector rumors storm

In September 8th, GE issued a press release that the company intends to $3 billion 300 million price will be sold to Electrolux's home appliance sector, and the lighting sector as the only reserved consumer electronics sector. Then, rumors that GE will sell its lighting department, but GE lighting is trying to quell the rumors.

GE's chief executive, Jeffrey Immelt, said the company has recently shifted its focus to aviation, oil and gas business. Therefore, some analysts speculated that the company's lighting department will also follow the footsteps of the home appliance sector.

From New York William Blair & Co analysis institution analyst Nicholas Heymann to Bloomberg said, GE lighting is a traditional business, but in the company's infrastructure business restructuring, it does not belong to the key part. He further speculated that the current market value of GE lighting up to $1 billion.

But a spokesman for GE lighting, said: the sale of Electrolux's GE home appliance sector does not contain GE lighting sector, GE lighting will continue to be part of ge. GE lighting is an important component of GE, has a good growth trend, is a trusted partner of global customers. "(/LEDinside Nicole)

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