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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.
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.
Haier: 1984 present Hallicrafters: 1932 1966 began selling TVs in 1947 Hannspree - - Now HannStar Display Corporation: Heath Company/Heathkit: 1964 1989 Hinari Domestic Appliances - - HMV - - Hisense: 1970 present Hitachi: 1956 present Hoffman Television (Cortron Ind) 1948 1970 Itel - present ITT Corporation - - Jensen Loudspeakers: 2003 ...
Created Date: 8/30/2012 4:52:52 PM
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GE agreed to sell its appliance business to Qingdao Haier for $5.4 billion including the 48.4% of shares it held in Mabe, a Mexican appliance maker [30] 2016 GE acquires ShipExpress [31] 2016 General Electric moved their global headquarters from Fairfield, Connecticut, to the South Boston Waterfront in August 2016. [32] 2016
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 ...
Hotpoint is a brand of domestic appliances.Ownership of the brand is split between American company Whirlpool, which has the rights in Europe, [1] Chinese company Haier, which has the rights in the Americas and Turkish company Arcelik which has rights in Russia and the CIS.