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Haier was founded as Qingdao Refrigerator Co. in 1984. With China opening up to world markets, foreign corporations began searching for partnerships in China. One of these, Germany's refrigerator company Liebherr, entered into a joint-venture contract with Qingdao Refrigerator Co., offering technology and equipment to its Chinese counterpart.
The first mini-split system was sold in 1961 by Toshiba in Japan, and the first wall-mounted mini-split air conditioner was sold in 1968 in Japan by Mitsubishi Electric, where small home sizes motivated their development. The Mitsubishi model was the first air conditioner with a cross-flow fan.
Today there are mini-split (ductless) air conditioner units available with SEER ratings up to 42. [10] [11] During the 2014 AHR Expo, Mitsubishi unveiled a new mini-split ductless AC unit with a SEER rating of 30.5. [12] GREE also released a 30.5 SEER rating mini split in 2015 as well. [13]
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 ...
Food in a refrigerator with its door open. A refrigerator, commonly shortened to fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so that its inside is cooled to a temperature below the room temperature. [1]
Haier Pakistan was founded in 2001 as a joint venture between Ruba Group (now known as JW-SEZ Group) and Haier with an initial investment of US$500 million. [1] [2]In 2004, Haier began manufacturing home appliances in Pakistan, including microwave ovens.
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