Still on the block, some analysts say, are GE's appliance, lighting, industrial controls and water chemicals businesses.

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Luxim, a privately-held company that would not disclose its revenues, will be competing in the land of lighting giants like GE, Philips, and Osram (a unit of German conglomerate Siemens).

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Although GE now has a strong position in LED lighting, LED screen production is dominated by Asian manufacturers.

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Siemens spokesman Constantin Birnstiel Tuesday morning referred to "the other company you mentioned" when discussing Siemens' performance in lighting and health care technology, two of GE's historical strong points.

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The bulbs I am buying come from GE and Philips, the two long time leaders in consumer lighting.

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