GE 2010 Annual Report Download - page 17

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GE 2010 ANNUAL REPORT 15
Global Research Network
Localizing R&D capabilities
is an important element
of GE’s strategy to strengthen
our presence in key growth
markets. Our newest Global
Research Center is set to
open in the next 12–18 months
in Rio de Janeiro—part of
our $500 million commitment
in Brazil.
Reverse Innovation
GE continues to deepen its
commitment to developing
countries through products
tailored to their specific
market needs and then
enhancing these products
for distribution globally.
At facilities like this one in
Wuxi, GE doubled the number
of low-cost ultrasound
machines manufactured in
China from 2006 to 2010.
Resource-Rich Markets
GE technology is helping meet
energy demand by producing
oil and gas from rich but
unconventional reservoirs
in Angola, Australia, Brazil,
China, Iraq and beyond. Our
goal is to find innovative
ways to unlock stranded
resources to secure energy
for tomorrow’s world.
Regional Partnerships
Partnering with key global
players to access new
markets, technology and
ideas is at the heart of
GE’s joint venture with AVIC
Systems to supply avionics
for China’s new C919
150-passenger jet, among
others. Such alliances place
GE squarely in an area of
explosive growth in China.
GE is committed to building and strengthening relationships with our
emerging-market customers by repositioning our intellect and
resources to such fast-growth markets as India and China, where
a rising but largely underserved middle class is growing.