Haier, also known as Haier Smart Home, is a publicly owned company headquartered in China. Founded in 1984, the company employs approximately 16,390 individuals and reported $39.8B in revenue as of 2025. It specializes in Appliances, Electrical, and Electronics Manufacturing, functioning as a global provider of IoT solutions that cover industries such as clothing, food, housing, transportation, health, medicine, and education.
Appliances, Electrical, and Electronics Manufacturing
Ownership
Publicly Owned
News Summary:
Haier Smart Home Co. reported increased demand for cooling appliances, including air conditioners, from Europe and India on August 28, 2026, which is helping to offset sluggish domestic demand in China. The Shandong-based company developed customized air conditioners capable of operating in temperatures up to 70C (158F) for "extreme working conditions" in South Asia, where sales rose 17% in the first half of the year. Previously, on August 27, Haier Smart Home released its first-half 2026 results, indicating Q2 revenue growth year-on-year and an improvement in net profit quarter-on-quarter. Q2 revenue increased 1.36% year-on-year to RMB 78.43 billion, contributing to a first-half revenue of RMB 152.12 billion. Net profit attributable to shareholders reached RMB 10.32 billion, with basic EPS at RMB 1.12. Earlier on August 24, Haier Philippines collaborated with Abenson to transform the Abenson Greenhills Flagship Store in San Juan into a "Home of Possibilities," showcasing smart home innovations and interactive experiences.