General Electric Co on Wednesday said it would partner with Huawei Technologies Co Ltd to develop smart machines designed to boost productivity, part of a drive to promote its “industrial internet” business in China, Reuters reported. The US 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. The move is part of GE’s ambitious plans to lead a productivity revolution in global industry by combining machinery with analytics, after selling off its financial assets and embarking on a major restructuring.
