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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]
Pak Elektron Ltd (PEL) was founded in 1956 through a technical collaboration with AEG.In 1978, PEL was acquired by Saigol Group and was taken public a decade later. In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan.
In the mid-1990s, Dawlance began manufacturing air conditioners, microwave ovens, washing machines and water dispensers in Pakistan. [5] In 2015, Dawlance had a revenue of $220.6 million selling product's in Pakistan and Middle East. Similarly, its EBITDA earnings amounted to $45 million.
Fisher & Paykel Appliances Holdings Limited (/ ˈ p aɪ k əl /) is a major appliance manufacturer founded in 1934. [3] It is a subsidiary of Chinese multinational home appliances company Haier [3] and is based in East Tāmaki, New Zealand.
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]
Zhang Ruimin was born on January 5, 1949, to a working class family in Qingdao, Shandong; his parents were employed in a local garment factory. [5] As a youth, Zhang joined the Red Guards, visited Mao's birthplace, and attended rallies in Beijing since all schools had been closed, and when the movement was finally disbanded, he was able to avoid being sent down to the countryside.
There is a new zone under construction in Faisalabad, which will be the biggest industrial estate of Pakistan when complete. It has sections for each country and the first phase is complete with a special Chinese zone in it. Special economic zones in Pakistan: Karachi Export Processing Zone, Karachi, Sindh; Risalpur Export Processing Zone, Risalpur
The project was put on hold in 2014 due to falling oil prices, and the link to the Gulf Railway was suspended in 2016. [178] The planned network would be double-tracked, non-electrified, with a speed of 220 km/h passenger traffic with a planned increase to 350 km/h, and international connections with Yemen through Mazyounah and to the United ...