
Haier owns 0 brands in our database. Browse the complete portfolio of Haier subsidiaries and brands across various industries.
Company Type
public
Headquarters
Qingdao, Shandong Province, China
Brand Portfolio
0 brands
Stock
Shanghai Stock Exchange: 600690
No brands found in our database.
What does Haier own?
Haier Smart Home owns a portfolio of seven major home appliance brands: Haier, Casarte, GE Appliances (including GE, GE Profile, Cafe, Monogram, and Hotpoint), Fisher & Paykel, AQUA, Candy, and Hoover. The company manufactures refrigerators, washing machines, air conditioners, water heaters, dishwashers, and kitchen appliances across these brands globally.
Is Haier publicly traded?
Yes, Haier Smart Home Co., Ltd. is publicly traded on the Shanghai Stock Exchange under ticker 600690. The company also has D-shares listed on the Frankfurt Stock Exchange. Haier Group Corporation, the parent company, is the controlling shareholder.
What is Haier's annual revenue?
In FY2024, Haier Smart Home reported global revenue of RMB 285.98 billion, approximately $39.5 billion USD, with net profit of RMB 18.74 billion (up 12.92% year-over-year). The refrigeration segment was the largest revenue contributor at RMB 83.56 billion.
Who founded Haier?
Haier was founded in 1984 in Qingdao, China, as Qingdao Refrigerator Co. Zhang Ruimin was appointed director in 1984 and transformed the struggling state-owned enterprise into a global appliance leader. Zhang led the company for nearly four decades before transitioning to a chairman advisory role in 2021.
How did Haier acquire GE Appliances?
Haier acquired GE Appliances from General Electric in June 2016 for $5.6 billion. GE was divesting its appliance business as part of a broader portfolio restructuring. The acquisition gave Haier a major position in the U.S. home appliance market and access to GE's manufacturing facilities, distribution network, and brand portfolio including GE, GE Profile, Cafe, Monogram, and Hotpoint.
What is the RenDanHeYi model?
RenDanHeYi is a management philosophy developed by Haier founder Zhang Ruimin that decentralizes organizational decision-making into small, autonomous entrepreneurial teams aligned with specific user needs. The model aims to eliminate traditional hierarchical management layers and align employee incentives directly with the value created for users. It has been studied by business schools globally as an unconventional approach to managing a large multinational corporation.
No competing brands found in the same categories. This could be because Haieroperates in unique market segments or we're still building our competitor database.
Haier maintains a diverse portfolio of 0 brands across multiple industries. This comprehensive brand portfolio demonstrates the company's market presence and strategic business units.
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