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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.
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.
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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 ...
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.
By the late 1990s and the early 2000s, the idea of connecting home appliances to the Internet (Internet of Things) had been popularized and was seen as the "next big thing." [3] In June 2000, LG launched the world's first internet refrigerator, the Internet Digital DIOS. This refrigerator was unsuccessful because consumers saw it as unnecessary ...
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]
In 1964, Automatic Appliances set up a 200-square-meter (2,200 sq ft) branch at the Makati Commercial Center, the country's first major commercial center. Pioneering the concept of appliance supermarket -ing, the store carried all of the major brands at that time: GE , Sony , Carrier , and Admiral , among others.
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