GE Is Partnering with Huawei to Drum Up Industrial Internet in China
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GE takes digital strategy to China with Huawei tie-up
The logo of Down Jones Industrial Average stock market index listed company General Electric is shown at their subsidiary company GE Aviation in Santa Ana, California April 13, 2016.SHANGHAI General Electric Co (GE.N) on Wednesday said it would partner with Huawei Technologies Co Ltd [HWT.UL] to develop smart machines designed to boost productivity, part of a drive to promote its "industrial internet" business in China.The U.S. industrial giant announced the partnership as it launched an $11 million digital space in Shanghai, where it plans to incubate start-ups and have developers work on new software applications to make machines more intelligent.
Huawei Grabs Top Spot in China During Q2 2016
Huawei Grabs Top Spot in China During Q2 2016The smartphone market in China is no doubt a very competitive one, with domestic brands such as Huawei, OPPO and Xiaomi, being supported by locals, leaving very little room for international smartphone brands such as Samsung and Apple to expand in the country.Chinese smartphone brands have also managed to break into the international market, selling tens of millions of smartphones each quarter of the year, including the second quarter of the year.Kevin Wang, an IHS analyst, recently revealed the ranking of the top Chinese smartphone manufacturers based on sales for the April-June period of the year.
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