GE Lighting to Exit Asia, Latin America; Announces New 'Incubation Lab' - Energy Watch News


GE Lighting to Exit Asia, Latin America; Announces New ‘Incubation Lab’

A move that’s connected to the company’s recent decision to drop traditional lighting technologies and focus entirely on LEDs. It also plans to open an incubation lab that will hunt for new ways to use LEDs to create “connected home” technologies. The core of the lab will be based at GE Lighting’s headquarters in East Cleveland. Those capabilities pushed General Electric to move GE Lighting’s commercial LED business into a new energy-focused business unit called Current. The new unit is based in Boston, though many of its employees work in East Cleveland. That move left GE Lighting with the traditional lighting business and the consumer LED business. http://www.crainscleveland.com

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