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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.
Air-conditioner sizes are often given as "tons" of cooling, where 1 ton of cooling equals 12,000 BTU/h (3.5 kW). 1 ton of cooling equals the amount of power that needs to be applied continuously over a 24-hour period to melt 1 ton of ice. The annual cost of electric energy consumed by an air conditioner may be calculated as follows:
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 ...
Voltas produced India's first window air conditioner with DC-inverter-based variable-speed motors. [10] DC Inverter Technology is an innovative technology that provides superior cooling while reducing the frequency of turning the compressor on and off. This helps in reducing the power consumption to a greater extent. [11]
It was originally defined as the rate of heat transfer that results in the freezing or melting of 1 short ton (2,000 lb; 907 kg) of pure ice at 0 °C (32 °F) in 24 hours. [1] [2] The modern definition is exactly 12,000 Btu IT /h (3.516853 kW). Air-conditioning and refrigeration equipment capacity in the U.S. is often specified in "tons" (of ...
Sanyo worked with Energy Efficiency Services Limited to develop a 1.5-ton inverter air conditioner (AC) with an Indian Seasonal Energy Efficiency Ratio (ISEER) of 5.2. Distribution of these air conditioners began in September 2017. [39] On April 4, 2019, Sanyo launched a new AC range exclusively on Amazon. [40] [41]
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