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Haier Smart Home Company is ranked 407th on the Fortune 500. [3] According to Euromonitor International, Haier was the number one brand globally in major appliances for 10 consecutive years from 2009 to 2018. [4]
On June 6, 2016, Qingdao Haier (now Haier Smart Home Company) acquired GE Appliances for $5.6 billion. Under the terms of the sale, Haier has the right to use the GE brand name until 2056. GE Appliances launched a refreshed tagline ("good things, for life") in 2017, [ 14 ] [ 15 ] [ 16 ] a nod to its history with General Electric, which used the ...
The Mitsubishi model was the first air conditioner with a cross-flow fan. [64] [65] [66] In 1969, the first mini-split air conditioner was sold in the US. [67] Multi-zone ductless systems were invented by Daikin in 1973, and variable refrigerant flow systems (which can be thought of as larger multi-split systems) were also invented by Daikin in ...
Gree Electric's Chairwoman is Dong Mingzhu, or "Sister Dong" as she is known in China. [2] She was appointed CEO in 2009. [citation needed] She joined the company in 1990.[citation needed] Dong was also the Chairwoman of its largest shareholder at the time, Gree Group, until November 2016. [8]
The company is the country's third largest manufacturer of washing machines on Asian-type platforms (i.e., vertical axle), which Candy European-type models have been added to. Early in 2007, the acquisition of Doruk with the brand Süsler in Turkey gave the Group an industrial site for cookers, hobs, ovens, both built-in and free-standing.
In 2004, Haier began manufacturing home appliances in Pakistan, including microwave ovens. [1] In 2015, Haier invested $5 million to establish a mobile phone assembly plant in Lahore, which would annually manufacture over 1.5 million cellphones for the Pakistani market. [3] In 2017, Haier established a plant to assemble laptops in Pakistan. [4]