Haier Group Corporation Is a Chinese Multinational Home Appliances and Consumer Electronics Company Headquartered in Qingdao, China

Total Page:16

File Type:pdf, Size:1020Kb

Haier Group Corporation Is a Chinese Multinational Home Appliances and Consumer Electronics Company Headquartered in Qingdao, China Haier Group Corporation is a Chinese multinational home appliances and consumer electronics company headquartered in Qingdao, China. It designs, develops, manufactures and sells products including refrigerators, air conditioners, washing machines, microwave ovens, mobile phones, computers, and televisions. The home appliances business, namely Haier Smart Home, has seven global brands – Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, Aqua and Candy. According to data released by Euromonitor,[1] Haier is the number one brand globally in major appliances for 10 consecutive years from 2009 In June 2015 Haier Group acquired General Electric's appliance division for $5.4 billion. GE Appliances is headquartered in Louisville, KY. GE Appliances is a formally American appliance manufacturer based in Louisville, Kentucky, USA. It is majority owned by Haier. It is one of the largest appliance brands in the United States and manufactures appliances under a house of brands[4] which include: GE, GE Profile, Café, Monogram, Haier and Hotpoint. Haier also owns FirstBuild, a global co-creation community and state-of-the-art micro-factory[5] on the University of Louisville's campus in Louisville, Kentucky. A second FirstBuild location is in Korea and the latest FirstBuild location is in India. The company was owned by General Electric until 2015, and was previously known as GE Appliances & Lighting and GE Consumer & Industrial. 1 • BRAINSTORMING PROTOTYPING FABRICATION ASSEMBLY • For a complete list of machines and specifications, visit the FirstBuild Microfactory Wiki. 2 3 GENERAL MOTORS – SAIC, CHINESE AUTO MAKER SAIC General Motors Corporation Limited (More commonly known as SAIC--GM; Chinese: 上汽通用汽车; formerly known as Shanghai General Motors Company Ltd, Shanghai GM; Chinese: 上海通用汽车) is a joint venture between General Motors Company and the Chinese SAIC Motor that manufactures and sells Chevrolet, Buick, and Cadillac brand automobiles in Mainland China. SAIC-GM was the top passenger vehicle producer in China in 2006, with sales of 413,400 vehicles. In 2011, SAIC- GM sold 1,200,355 vehicles in the Chinese market.[6] SAIC-GM is in 2014 the largest joint venture GM has in China.[7] Note: In February 2010, SAIC acquired an additional 1 percent stake in the joint venture for US$85 million and assistance in securing a US$400 million line of credit to boost SAIC's total share of SAIC-GM to 51%. 4 .
Recommended publications
  • Full Partner List
    Full Partner List Partnerships: Spyder Digital SIIG Franklin Electronic Solidtek SIIG BenQ America HIVI Acoustics PC Treasures Electronics) Bags & Carry Cases Research Inc. StarTech.com Gear Head Standzout StarTech.com Blue Microphones HMDX Peerless Withings Inc 3Dconnexion STM Bags Symtek Gefen StarTech.com Thermaltake BodyGuardz Honeywell Home Pentax Imaging Xavier Professional Cable Acer Symtek Targus Genius USA Targus TRENDnet Boom HP Inc. Phiaton Corp. Yamaha Adesso Inc. Targus Thermaltake Gigabyte Technology Thermaltake Turtle Beach Braven IAV Lightspeaker Philips Zagg-iFrogz AIRBAC The Joy Factory TRENDnet Griffin Technology TRENDnet U.S. Robotics BTI-Battery Tech. iHome Philips Electronics Zalman USA Aluratek Thermaltake Tripp Lite Gripcase Tripp Lite Visiontek BUQU Incipio Technologies Planar Systems zBoost American Weigh Scales Twelve South Visiontek Gyration Twelve South XFX C2G InFocus Plantronics Zmodo Technology Corp ASUS Urban Armor Gear VOXX Electronics Hawking Technologies TX Systems Zalman USA CAD Audio Innovative Office Products PNY Technologies Belkin Verbatim weBoost (Wilson HP Inc. U.S. Robotics Zotac Canon Interworks Polk Audio Data Storage Products Victorinox (Wenger) Electronics) HYPER by Sanho Verbatim Case-Mate Inwin Development Q-See BodyGuardz Aleratec Inc Zagg-iFrogz Xavier Professional Cable Corporation Viewsonic Casio IOGear QFX Canon Computers & Tablets Aluratek Incipio Technologies Visiontek Centon iON Camera Reticare inc CaseLogic Acer ASUS Computer & AV Cables Computer Accessories InFocus VisTablet
    [Show full text]
  • Fisher & Paykel Appliances Holdings Limited
    FISHER & PAYKEL APPLIANCES HOLDINGS LIMITED TARGET COMPANY STATEMENT — IN RELATION TO A TAKEOVER OFFER BY HAIER NEW ZEALAND INVESTMENT HOLDING COMPANY LIMITED — 4 OCTOBER 2012 For personal use only For personal use only COVER: PHASE 7 DISHDRAWER TM DISHWASHER FISHER & PAYKEL APPLIANCES HOLDINGS LIMITED TARGET COMPANY STATEMENT CHAIRMAN’S LETTER 03 TARGET COMPANY STATEMENT (TAKEOVERS CODE DISCLOSURES) 07 SCHEDULE 1 — 4 25 For personal use only APPENDIX: INDEPENDENT ADVISER’S REPORT 37 CHAIRMAN’S LETTER For personal use only CHAIRMAN’S LETTER P3 Dear Shareholder Haier New Zealand Investment Holding Company Limited (“Haier”) has offered $1.20 per share to buy your shares in Fisher & Paykel Appliances Holdings Limited (“FPA”) by means of a formal takeover offer (the Offer“ ”). •• INDEPENDENT DIRECTORS RECOMMEND DO NOT ACCEPT HAIER’S OFFER •• The independent directors of FPA (Dr Keith Turner, Mr Philip Lough, Ms Lynley Marshall and Mr Bill Roest) (the “Independent Directors”) unanimously recommend that shareholders do not accept the Offer from Haier. In making their recommendation, the Independent Directors have carefully considered a full range of expert advice available to them. Therefore you should take no action. The principal reasons for recommending that shareholders do not accept are: _ Having regard to a full range of expert advice now available to the Independent Directors (including the Independent Adviser’s valuation range of $1.28 to $1.57 per FPA Share), the Independent Directors consider that the Offer of $1.20 per FPA Share does not adequately reflect their view of the value of FPA based on their confidence in the strategic direction of the Company; and _ FPA is in a strong financial position and, as the Independent Adviser notes, FPA is at a “relatively early stage of implementation of the company’s comprehensive rebuilding strategy”.
    [Show full text]
  • Haier Electronics Group Co
    Asia Pacific Equity Research 01 February 2016 Overweight Haier Electronics Group Co 1169.HK, 1169 HK Further Thoughts on Qingdao Haier/GE deal, Earnings Price: HK$13.72 ▼ Price Target: HK$18.00 Revisions, FY15 Result Preview Previous: HK$20.00 Qingdao Haier announced further details of its GE Appliances China acquisition. Key takeaways: 1) in the US, GE Appliances will continue Consumer to manage/enhance its brand position; Haier could leverage its existing Shen Li, CFA AC product portfolio to add differentiated offerings to GE's US product (852) 2800 8523 lines. 2) In the Chinese market, GE can leverage the strong distribution [email protected] channel and local expertise of Qingdao Haier to launch localised Bloomberg JPMA SHLI <GO> products. 3) Qingdao Haier currently sells through the retail channel in Ebru Sener Kurumlu (852) 2800-8521 the US, while GE has established channels across both retail and [email protected] contract channels. The Haier brand can leverage GE's existing George Hsu relationships through the US retail channel. GE also has long-term (852) 2800-8559 relationships with home owners, property developers, property [email protected] management agencies and hotel operators. The Haier brand can also Dylan Chu leverage off GE's strong position in these channels. 4) For first 20 years, (852) 2800-8537 Qingdao Haier has the global right to use GE brands and pay 0% royalty [email protected] J.P. Morgan Securities (Asia Pacific) Limited fees on both exclusive (food preparation, food preservation, household cleaning, household comfort appliances) and non-exclusive products Price Performance (water purifier products).
    [Show full text]
  • New Bmr User Manual
    World’s * Major Appliances USER GUIDE FOR FROST FREE REFRIGERATOR AND E-WASTE GUIDELINE MANUAL ECO LIFE Live Smart. Live Green. SMARTER LIFE BETTER PLANET Haier Customer Care Toll Free (24x7)-1800-200-9999 Website: www.haier.com/in www.facebook.com/haierindia “Source Euromonitor International Limited; retail volume sales in units based on 2013 data. Dear Friend, At the outset, we at Haier thank you for your interest in our range of products. A unique and international range of appliances designed solely with the purpose of making modern life simpler. And how! The entire Haier range of appliances ranging from Refrigerators, Televisions, Washing machines, Air-conditioners, Microwave ovens, Dishwashers, Wine Coolers, Freezers, Visicoolers, and Chocolate Coolers combines the best of technology, features, performance and styling. All, a result of our perfect understanding of your lifestyle and needs. But what is a great product without great service? Leaving no stone unturned in giving you the best of service, we have also established an extensive network of authorised dealers and authorised service centers, so that you get a lifetime of great and timely service for your Haier Appliance. It has been an honor and a pleasure bringing these hi-tech products to you and we hope that you get as much happiness using them as we have got, putting them together for you. Happy Inspired Living! Thanking you CONTENTS 1. KNOW YOUR REFRIGERATOR 2. FEATURES OF YOUR REFRIGERATOR 3. METHODS OF SAFE INSTALLATION 4. INSTALLATION STEPS 5. MOVING OR RELOCATING THE REFRIGERATOR 6. CLEANING THE REFRIGERATOR 7. DEFROSTING THE REFRIGERATOR 8.
    [Show full text]
  • AMBA 660 Case Study Haier's North America
    AMBA 660 Case Study Haier’s North America Expansion Mohamed Ezz, MD, DM (UMUC) Collegiate Professor, Business and Management Department University of Maryland University College Haier Group www.haier.com Reuters: “Haier Group said it would buy General Electric Co.'s appliance business for $5.4 billion, the Chinese company's latest attempt to boost its presence in the lucrative United States market. Haier, which made an abortive attempt in 2008 to buy the business, has a negligible presence in the U.S. white goods market, dominated by Whirlpool Corp, Sweden's Electrolux AB and GE. The news comes weeks after GE walked away from a deal to sell the business to Electrolux for $3.3 billion, following months of opposition from U.S. antitrust regulators. The deal with Haier is unlikely to draw intense antitrust scrutiny, according to some antitrust experts, but may get a hard look from the Committee on Foreign Investment in the United States (CFIUS)” (Ajmera, 2016, para 1-4) Chinese Companies Going Global China is rising as a globally influential economic and political power. China has achieved an average growth rate of almost 10% over the past 20 years, making it one of the world’s largest economies and trading powers. This rapid economic development has enhanced China’s international competitiveness. Chinese blue chip companies have realized the limitations of their local market, and worked on becoming global players. Many of these companies have quietly started their own international expansion; examples include Haier, HiSense, ad Gree. And while the Chinese government encourages the global expansion of Chinese companies, it has not yet developed policies and frameworks to govern such expansion.
    [Show full text]
  • Biomass Research and Development
    11526 Federal Register / Vol. 75, No. 47 / Thursday, March 11, 2010 / Notices 6.2.3 Variable anti-sweat heater control Anti-sweat Heater Power A5 = 0.126 A10 = 0.015 test. The energy consumption of an electric = A1 * (Heater Watts at 5%RH) refrigerator-freezer with a variable anti-sweat + A2 * (Heater Watts at 15%RH) Heater Watts at a specific relative humidity heater control in the ‘‘on’’ position (E[on]), + A3 * (Heater Watts at 25%RH) = the nominal watts used by all heaters at expressed in kilowatt-hours per day, shall be + A4 * (Heater Watts at 35%RH) that specific relative humidity, 72 [degrees] calculated equivalent to: + A5 * (Heater Watts at 45%RH) F ambient, and DOE reference temperatures of fresh food average temperature of 45 E[ON] = E + (Heater Contribution) [note: + A6 * (Heater Watts at 55%RH) [degrees] F and freezer average temperature called ‘‘correction factor’’ by General + A7 * (Heater Watts at 65%RH) of 5 [degrees] F. Electric] + A8 * (Heater Watts at 75%RH) System-loss Factor = 1.3 where E is determined by 6.2.1.1, 6.2.1.2, + A9 * (Heater Watts at 85%RH) 6.2.2.1, or 6.2.2.2, whichever is appropriate, v+ A10 * (Heater Watts at 95%RH) * * * * * The waiver should apply to the following with the anti-sweat heater switch in the ‘‘off’’ where A1–A10 are from the following table: position. model series. The actual model numbers will vary to account for year of manufacture, Heater Contribution n1 = (Anti-sweat Heater A1 = 0.034 A6 = 0.119 product color, or other features, but will × × Power System-loss Factor) (24 hrs/1 A2 = 0.211 A7 = 0.069 always include anti-sweat technology whose × day) (1 kW/1000 W) A3 = 0.204 A8 = 0.047 energy impact is calculated in accordance Where: A4 = 0.166 A9 = 0.008 with this petition.
    [Show full text]
  • Provista, Our Company's Supply Chain Partner, Offers You Personal
    The best savings on the best products — only for you at Best Buy.® Provista, our company’s supply chain partner, offers you personal discounts on more than 150,000 brand-name products in addition to a complete in-store selection. Enjoy huge savings on products like: • HD displays • Tablets • Video games • Laptops • Printers • Appliances Get started by signing up. You’ll need: Steps to create an account: 1) Your company 1) Visit bbfb.com/psf/provista Member ID 2) Click on the right 2) The Best Buy Registration side of the screen code: PROVISTA1 3) Complete the form as directed 4) Click at the bottom of the page 5) Enjoy the website! Need assistance with your member ID or have other questions? Call Provista at 888-538-4662 © 2015 Provista Empower your business with a powerful product line. Appliances Denon (Boston Acoustics) Fūl Philips Dynex Anaheim Griffin Technology Gefen Pioneer Electronics Elmo Aroma iHome (Hotel Golla Plantronics Fuji Avanti Technologies) Harman Multimedia RCA GoPro Bissell Insignia HP Roku Labs HP Black & Decker Ion Audio Incase Russound Insignia Bosch Klipsch Init Samsung JVC Broan LG Electronics Insignia Sennheiser Kingston Bunn Logitech Kensington Sharp Kodak Char-Broil Monster Cable Klipsch Shure Lenmar Conair Numark Lenovo Sirius Lexar Cuisinart Panasonic Logitech Sony Lite-On Danby Peavey Electronics Macally Toshiba Logitech DeLonghi Peerless Industries Microsoft Universal Electronics Lowepro Dirt Devil Philips NLU Products ViewSonic Microsoft Dyson Pioneer Electronics Peerless Industries XM Nikon Electrolux
    [Show full text]
  • 2012 Harris Poll Equitrend® Brand List Sorted by Category
    2012 Harris Poll EquiTrend® Brand List Sorted by Category © 2012 Harris Interactive Inc. All rights reserved. The content contained in this report is the intellectual property of Harris Interactive. Any copying, republication or redistribution of such content is expressly prohibited without the prior written consent of Harris Interactive. * indicates brand has sample size of less than N=100 and it is not included in industry rankings Harris Secondary Category Harris Tertiary Category Brand Airlines Airline-Full Service Air Canada Airlines Airline-Full Service Alaska/ Horizon Airlines Airlines Airline-Full Service American Airlines Airlines Airline-Full Service Continental Airlines Airlines Airline-Full Service Delta Air Lines Airlines Airline-Full Service Hawaiian Airlines Airlines Airline-Full Service United Airlines Airlines Airline-Full Service US Airways Airlines Airline-Value AirTran Airlines Airline-Value Frontier / Midwest Airlines Airlines Airline-Value JetBlue Airways Airlines Airline-Value Southwest Airlines Airlines Airline-Value Spirit Airlines Airlines Airline-Value WestJet Airlines* Apparel/Accessories Footwear-Running Shoes Asics Running Shoes Apparel/Accessories Footwear-Running Shoes Brooks Running Shoes Apparel/Accessories Footwear-Running Shoes Merrell Running Shoes Apparel/Accessories Footwear-Running Shoes New Balance Running Shoes Apparel/Accessories Footwear-Running Shoes Nike Running Shoes Apparel/Accessories Footwear-Running Shoes Reebok Running Shoes Apparel/Accessories Footwear-Running Shoes Saucony Running Shoes
    [Show full text]
  • Compact Refrigerator CARE and CLEANING
    SAFETY INFORMATION .........3 OWNER’S MANUAL USING THE REFRIGERATOR AND INSTALLATION Features ..............................5 INSTRUCTIONS Operation .............................6 Compact Refrigerator CARE AND CLEANING ...........7 HME02GGM, HME03GGM INSTALLATION ...................8 TROUBLESHOOTING TIPS ...... 11 Normal Operating Characteristics ....... 11 ENGLISH/FRANÇAIS/ ESPAÑOL WARRANTY ......................13 CONSUMER SUPPORT ..........14 Write the model and serial numbers here: Model # _________________ Serial # _________________ Find these numbers on a label inside the refrigerator on the side wall. COMPACT REFRIGERATOR 49-60799-2 04-18 GEA IMPORTANT SAFETY INFORMATION READ ALL INSTRUCTIONS BEFORE USING THE APPLIANCE WARNING To reduce the risk of fire, explosion, electric shock, or injury when using your appliance, follow these basic safety precautions: Ŷ8VHWKLVDSSOLDQFHRQO\IRULWVLQWHQGHGSXUSRVHDV Ŷ'RQRWVWRUHH[SORVLYHVXEVWDQFHVVXFKDVDHURVRO described in this user manual. cans with a flammable propellant in this appliance. Ŷ7KLVDSSOLDQFHPXVWEHSURSHUO\LQVWDOOHGLQ Ŷ%HIRUHGLVFDUGLQJRUUHPRYLQJIURPVHUYLFHUHPRYH accordance with the installation instructions before it the door. This will reduce the possibility of danger to is used. See grounding instructions in the installation children. section. Ŷ7RDYRLGVHULRXVLQMXU\RUGHDWKFKLOGUHQVKRXOGQRW Ŷ3OXJLQWRDJURXQGHGSURQJRXWOHW stand on, or play in or with the appliance. Ŷ'RQRWUHPRYHJURXQGSURQJ Ŷ&KLOGUHQDQGSHUVRQVZLWKUHGXFHGSK\VLFDOVHQVRU\ or mental capabilities or lack of experience and Ŷ'RQRWXVHDQDGDSWHURUH[WHQVLRQFRUG
    [Show full text]
  • State Fact Sheet: New Jersey
    NEW JERSEY Updated April 2019 Families and businesses are saving with the help of ENERGY STAR® New Jersey is home to about 420 businesses and organizations participating in U.S. EPA’s ENERGY STAR program: 71 manufacturers of ENERGY STAR certified products 10 companies supporting independent certification of ENERGY STAR products and homes 123 companies building ENERGY STAR certified homes, 3 of which are committed to building 100% ENERGY STAR, as well as many businesses, schools, governments, and faith- based groups using ENERGY STAR to reduce energy waste. Across New Jersey 4 million customers were served by ENERGY STAR Johnson and Johnson World HQ, New Brunswick, NJ. utility partners in 2018 ENERGY STAR Certified in 2013. 4,991 buildings (more than 459 million square feet) were benchmarked in 2018 using EPA’s ENERGY STAR Portfolio State Spotlights Manager Merck, a research-based pharmaceutical and healthcare 75,273 homes have earned the ENERGY STAR company based in Kenilworth, achieved a more than six percent reduction in energy intensity for U.S. facilities in 2016, earning 612 buildings have earned the ENERGY STAR for ENERGY STAR certification for one manufacturing plant and four superior efficiency, including 62 schools, 19 hotels, 259 office office buildings. buildings and 2 industrial plants. “Merck is proud of our partnership with ENERGY STAR, because it helps us promote our energy program and provides guidance to Recent ENERGY STAR Award Winner(s) use energy more efficiently.” – Don Watson, Vice President, • Allergan Global Workplace & Enterprise Services, Merck • Ciel Power LLC Allergan, a diversified global pharmaceutical company in • Hayward Industries, Inc.
    [Show full text]
  • Celebrating 99 Years
    CELEBRATING 99 YEARS of customer excellence and over $3 billion in annual revenue At D&H, our business model is rooted in the tradition of taking a hands-on role in helping you achieve your goals THE SERVICE & SELECTION YOU NEED • 5 fully-optimized distribution centers • Flexible order submission via EDI, AS2, • dandh.com comprehensive web site with delivering 98.6% of the BPI in 1-2 days XML with total transaction security enhanced searching, ordering, tracking ground (4-Domestic, 1-Canada) • Deep stocking inventory and wide • D&H Mobile App for iPad® and iPhone® • Relationships with all carriers product selection • Extremely fast, always accurate delivery • Direct-to-end-user shipments with fully • Dedicated inventory analysis • One-on-one personal attention customizable shipping and packaging options • Priority allocations • Flexible credit options • All backed by dedicated inside & field sales teams to focus on your business needs • 99 years of distribution experience being a trusted advisor to the channel • We make your business our priority Toronto, Ontario Chicago, IL Harrisburg, PA Fresno, CA Atlanta, GA Home Environment | Floor Care | Outdoor Living & Cooking | Lighting | Weather Monitoring | Clocks, Clock Radios & Watches | Cookware & Bakeware Cutlery & Flatware | Gadgets & Tools | Indoor Living | Small Appliances | Personal Care | Pet Care | Toys | Home Improvement Contact: Bob Careless, Home & Outdoor Sales Manager I 717-255-7854 I [email protected] www.dandh.com/home HOLC0517 D&H Home & Outdoor Selection Exclusively at
    [Show full text]
  • 2019 Annual Report
    2019 ANNUAL REPORT 2019 ANNUAL Whirlpool Corporation 2019 ANNUAL REPORT Please visit our online Annual Report at WhirlpoolCorp.com/2019Annual Whirlpool Corporation (NYSE: WHR) is the leading major appliance manufacturer in the world(a), with approximately $20 billion in annual sales, 77,000 STOCKHOLDER AND OTHER INFORMATION employees and 59 manufacturing and technology Whirlpool Corporation’s Annual Report The Annual Report on Form 10-K and Stock Exchanges research centers in 2019. The company markets on Form 10-K and other financial company earnings releases for each Common stock of Whirlpool Corporation Whirlpool, KitchenAid, Maytag, Consul, Brastemp, information is available free of charge quarter—typically issued in April, July, (exchange symbol: WHR) is listed on the to stockholders. October and January—can be obtained New York and Chicago stock exchanges. Amana, Bauknecht, JennAir, Indesit and other major by contacting: The financial summary information Trademarks brand names in nearly every country throughout contained in this Annual Report Roxanne Warner Acros, Admiral, Affresh, Amana, Ariston, should be read together with Whirlpool Senior Director, Investor Relations the world. Bauknecht, Brastemp, Care Counts, Corporation’s Financial Statements and Whirlpool Corporation Consul, Diqua, Gladiator, Hotpoint*, Ignis, related notes and “Management’s 2000 N. M-63, Mail Drop 2609 Indesit, JennAir, KIC, KitchenAid, Laden, Discussion and Analysis” and “Forward- Benton Harbor, MI 49022-2692 Load & Go, Maytag, Privileg, Roper, Looking Statements.” This information Telephone: 269-923-2641 Royalstar, Sanyo, Speed Queen, appears in the company’s 2019 Annual Fax: 269-923-3525 Whirlpool, Yummly and the design of the Report on Form 10-K filed with the Email: [email protected] Who Are.
    [Show full text]