Haier

Haier Group Corporation (/ˈh.ər/) is a Chinese multinational home appliances and consumer electronics company headquartered in Qingdao, Shandong. It designs, develops, manufactures and sells products including refrigerators, air conditioners, washing machines, dryers, 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.

Haier Group Corporation
Native name
海尔集团公司
Company typePublic
Traded as
Industry
Founded1984 (1984)
FounderZhang Ruimin
Headquarters
Qingdao, Shandong
,
China
Area served
Worldwide
Key people
  • Zhang Ruimin (chairman & CEO)
  • Liang Haishan (rotating president)
  • Zhou Yunjie (rotating president)
Products
Revenue CN¥227.5 billion (2021)
CN¥15.91 billion (2021)
Net income
CN¥13.21 billion (2021)
Total assets CN¥217.5 billion (2021)
Total equity CN¥81.0 billion (2021)
Number of employees
109,586 (2021)
Subsidiaries
Websitehaier.com
Haier
Simplified Chinese海尔
Traditional Chinese海爾

According to data released by Euromonitor, Haier was the number one brand globally in major appliances for 10 consecutive years from 2009 to 2018. The Haier brand was also recognized by BrandZ in 2019 as the most valuable IoT ecosystem brand in the world with a brand value of $16.3 billion. In 2019, Haier Smart Home ranked 448 on Fortune's Global 500 list with a revenue of $27.7 billion.

Haier Group also consisted of two listed subsidiaries in three exchanges: Haier Smart Home (SSE: 600690; ex-Qingdao Haier Co., Ltd.), Haier Electronics Group Co., Ltd. (SEHK: 1169), and "D-share" listing of Haier Smart Home in China Europe International Exchange of Frankfurt.

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