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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.
It is a subsidiary of Chinese multinational home appliances company Haier [3] and is based in East Tāmaki, New Zealand. Originally an importer of domestic refrigerators, [3] Fisher & Paykel now holds over 420 patents and bases its identity on innovative design, particularly in the areas of usability and environmental awareness. [4]
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 ...
Commercial refrigerator and freezer units were in use for almost 40 years prior to the common home models. The freezer-over-refrigerator style had been the basic style since the 1940s, until modern, side-by-side refrigerators broke the trend. A vapor compression cycle is used in most household refrigerators, refrigerator–freezers and freezers.
Candy is an Italian domestic appliance maker and is a subsidiary of Chinese multinational home appliances company Haier. It is based in Brugherio, near Milan. Candy's appliances are better known through their continued marketing of the Hoover and Kelvinator brands. Over 80% of sales are outside Italy.
In June 2017, a Hotpoint FF175BP fridge freezer was found to have triggered the Grenfell Tower fire in London that killed 72 people. [ 14 ] [ 15 ] A total of 64,000 units of the same model were manufactured between 2006 and 2009 by Indesit under the Hotpoint brand before moving over to Whirlpool.
In 2016, General Electric sold its GE Appliances business to China-based Haier. The transaction included the 48.4% minority stake that GE held in Mabe. [3]
Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan, United States. [2] In 2023, the Fortune 500 company had an annual revenue of approximately $19 billion in sales, around 59,000 employees, and more than 55 manufacturing and technology research centers globally.
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