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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]
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.
Lahore: US$0.5 billion (2022) [17] Information technology: US$27 million (2022) [18] Lakson Group: Karachi US$200 billion Conglomerate company US$363 million [19 ...
A Reuters survey of economists predicts an increase of 113,000 jobs last month, down sharply on disruptions from hurricanes and strikes by aerospace factory workers, which will also make it harder ...
Before this agreement, the United States had held a monopoly over the factory spaces, since the Caribbean Basin Economic Recovery Act of 1983-1995, allowed for one-way free trade benefits on most products entering the U.S. from the Caribbean. [20]
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Javed Afridi has sponsored many cricket tournaments under his supervision including Haier Super 8 T20 Cup and Pakistan Super League. [12] [13] Afridi has also owned a cricket franchise Peshawar Zalmi for a ten-year period. [14]
Related: Rashida Jones Pays Tribute to Her Father Quincy Jones After His Death at 91: 'It Is an Honor to Be Your Daughter' He is survived by seven children: Jolie, 71, Rachel, 61, Martina, 58 ...