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

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 .

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    4 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us