Smart lighting business opportunities to find GE to join apple, Qualcomm

Tencent securities news, May 5th morning news, according to Reuters, General Electric (GE) on Monday announced a partnership with Qualcomm and Apple Corp, digital technology and lighting business will use more of the data and the user needs to revive its 130 year old.

Ge said that through cooperation with Qualcomm, the company will provide to the retailer through a LED (light emitting diode) lighting technology and method of intelligent mobile phone embedded shoppers are connected, one of the so-called "indoor positioning technology" will probably be buyers for the store location to the transmission of customization based on the coupon.

Ge also said it would produce a LED bulb that would be compatible with the HomeKit, a device that has not yet been released by the Apple Corp, which could transform color to match the natural rhythm of the human body.

This collaboration highlights the development of GE's plan, which is to enter the emerging, increasingly competitive integration of intelligent devices in the Internet lighting market. Beth Comstock is responsible for the general electric business innovation department (Beth Comstock) said, GE has seen the development opportunities in the sale of energy-saving LE bulbs in this market, and will seek to use sensors and other embedded LED technology to consumers, businesses and city convenience.

The services provided by Ge will bring more revenue to the company, thereby offsetting the revenue pressures that will arise once the LED bulb business becomes more commercialized. "Data flow from lighting devices will create opportunities to increase productivity. "Comstock said.

Ge itself is also undergoing a radical change, the company is giving up most of the financial business, the focus of the business on the jet engines and power turbines and other expensive industrial products. Some analysts speculated that after last year's decision to sell its electrical sector, the company will be stripped of the lighting business, after SIEMENS and PHILPS have stripped the lighting sector. GE's total revenue last year was about $2 billion 500 million, accounting for about 2.3% of GE's overall industry sales.

Comstock said that the lighting business is very fit to ge CEO Jeff Immelt (Jeff Immelt) will be all kinds of industrial equipment and software analysis tools and General Electric's "graft" desire, the company will this combination is referred to as "the Internet industry".

"LED plus software can help Ge continue to expand its industrial Internet business, so I think the lighting business will occupy a very important place in GE's future. "Comstock said.

Research firm Navigant Research analyst Jesse Foot (Jesse Foote) said, in addition to the traditional lighting equipment manufacturers, the so-called "intelligent lighting market is also attracting some other companies, such as Honeywell and lighting control to focus on some record companies etc.. "So many companies are entering the field. He said.

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