Haier, also known as Haier Smart Home, is a publicly owned Chinese multinational appliance, electrical, and electronics manufacturer founded in 1984. Employing approximately 16,390 people, the company is headquartered in China and operates globally. Its business extends beyond traditional appliance manufacturing to encompass the provision of Internet of Things (IoT) solutions across diverse sectors including clothing, food, housing, transportation, healthcare, and education.
Appliances, Electrical, and Electronics Manufacturing
Ownership
Publicly Owned
News Summary:
Haier, along with Shanghai Highly Group, showed increased willingness to meet Indian business expansion conditions. This shift, reported by the Economic Times, occurred amid rising US tariffs and concerns about market exclusion, making India a more appealing alternative. The companies reportedly agreed to conditions such as maintaining a minority stake in joint ventures, a stipulation previously resisted.
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