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Fisher & Paykel Appliances Holdings Limited (/ ˈ p aɪ k əl /) is a major appliance manufacturer founded in 1934. [3] It is a subsidiary of Chinese multinational home appliances company Haier [3] and is based in East Tāmaki, New Zealand.
In 2012, Haier Group acquired the appliance business from New Zealand-based Fisher & Paykel, [19] and Sanyo's Southeast Asian appliance manufacturing unit. [20] In June 2016, Haier Group acquired GE Appliances, headquartered in Louisville, Kentucky, from General Electric for $5.6 billion. [21] [22] [23]
The company was separated and was also listed on the stock exchange on 14 November 2001. As part of a reorganization, Fisher & Paykel Industries Limited was renamed Fisher & Paykel Healthcare Corporation Limited and a new company, Fisher & Paykel Appliances Holdings Limited, was established to own F&P's appliances and finance business.
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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 an unsuccessful product because the consumers had seen ...
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