About GE in Korea

  • GE has contributed to the advancement of Korean economy and industry by offering the leading infrastructure technologies for last 40 years.
  • We are working with partners and customers to deliver long-term growth, leveraging Korea’s capabilities and our strengths to perform locally and globally.

Locations

  • GE lamp lit in 1887, official opening in 1976
  • Majority located in Seoul (Headquarters) & Pangyo (ETC)
  • Manufacturing sites: HRSG (Changwon), Ultrasound (Seognam), Chemicals (Iksan)
  • Technology Centers: Ultrasound R&D (Seongnam), FastTrak Center (Songdo)
  • Total 15 sales offices nation wide

Investment

  • Total Number of Employees: ~1500
  • Opened GE Energy Technology Center 2012
  • Expanded GE Ultrasound Korea 2014
  • Opened GE Healthcare Life Science’s first APAC Fast Trak Center 2016
  • Acquired Doosan E&C’s HRSG Business 2016 (New shop to open in 2Q 2017)

Overview of Korea business focus

  • Power: A leading player & manufacturer of HRSG; Solution provider for eco-friendly power generation with efficient gas turbines & repowering/retrofit
  • Digital: Partner for government’s agenda for manufacturing innovation in the 4th industrial revolution
  • Aviation: Critical to Korean national defense; A preferred bidder for KF-X program, the government’s largest fighter jet project in Korea’s defense history
  • Healthcare: R&D/manufacturing base in Ultrasound; Contributor for the growth of bio pharma industry
  • Renewables: Hydro and Wind to help customers meet increased Renewable Portfolio Standards

Partnerships

  • GE PyeongChang Olympic Collaboration Center to collaborate with POCOG and customers (Mar, ’16)
  • MOU with LSIS to cooperate in power, smart energy, and smart factory solutions (Apr, ’16)
  • MOU with Hanwha Techwin to cooperate in packaging of gas turbine and compressor (June, ’16)
  • MOU with Hanwha Techwin for localization of KFX technology (July, ’16)
  • A technology partnership for Korea Ski Association (Sept, ’16)
  • MOU with Hanwha Techwin to collaborate on Industrial Internet (Oct, ’16)
  • Multilateral MOU to Develop COGES LPG-Fueled Ferry Design (Nov.)
  • MOU with Korean Heart Rhythm Society to develop Clinical Research Form (Nov, ’16)

Citizenship

  • GE Volunteers: 1200 hours of volunteer service
  • GE Scholar-Leaders Program: 170+ engineering/science students awarded since 1992
  • Ewha GE Leadership Challenge: Female leadership program since 2006
  • GE – WISET (Women in Science, Engineering and Technology) Mentoring Program: 150+ female engineering and technology students mentored since 2012
  • Global Customer Summit for Korean executives: 180+ executives since 2005