Monday, July 23, 2007

General Electric Expects 60 Percent of Sales From Outside U.S. in 5 Years

(Bloomberg) -- General Electric Co., the world's
biggest maker of power generators, expects as much as 60 percent
of sales to come from outside the U.S. within five years as the
company targets emerging markets such as China and India.

Revenue from outside the company's domestic market is
currently 50 percent, Fairfield, Connecticut-based GE said in a
statement handed to reporters in Kuala Lumpur today.


Read more at Bloomberg Emerging Markets News

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