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Dawlance was founded in 1980 by Bashir Dawood, a member of Dawood family, as a manufacturer of refrigerators. [5] In 1988, the company expanded its product line by introducing deep freezers. [5] In the mid-1990s, Dawlance began manufacturing air conditioners, microwave ovens, washing machines and water dispensers in Pakistan. [5]
In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...
Dawlance; H. Haier Pakistan; P. PEL (company) This page was last edited on 7 April 2011, at 11:53 (UTC). Text is available under the Creative Commons Attribution ...
In 2017, Arçelik acquired Pakistan’s Dawlance for $243M. [25] In 2017, Arçelik and Tata Group has announced a new partnership. Arçelik and Voltas will form a joint-venture in India named Voltbek Home Appliances Ltd. This entity will provide manufacturing, sales, and after-sales services for VoltasBeko branded home appliances (refrigerators ...
The 2012 film Total Recall, features a smart refrigerator that is covered by a touchscreen which enables the user to leave notes and messages. Silicon Valley features a smart fridge that is bought by Jian-Yang, after the old refrigerator broke down in Season 4 episode, "The Patent Troll". The smart refrigerator is able to communicate in ...
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]
8 August – Arshad Nadeem clinches Pakistan's first Olympic track and field medal after winning gold at the men's javelin throw at the 2024 Summer Olympics in Paris. [ 100 ] 9 August – Three soldiers and four militants are killed in attacks on three army outposts in the Tirah Valley , Khyber Pakhtunkhwa, that are claimed by the Gul Bahadur ...
[22] [23] During the PTI period, Pakistan's total debt and liabilities increased by 80% while during three quarters of Fiscal Year 2021-22 the trade deficit rose 70% to $35.4 billion. [24] Due to high oil prices in the international market, Pakistan's oil import bill increased by 95.9% to $17.03 billion in the last ten-months of the PTI ...