Haier does not own entire General Electric company, but Haier does own GE Appliances, which is the major appliance division formerly owned by General Electric, acquired by Haier in 2016, so Haier owns GE Appliances brand but not GE parent conglomerate. Haier Group Corporation is Chinese multinational appliance company headquartered in Qingdao, China, founded in 1984, world's largest appliance manufacturer, with revenue over 30 billion dollars. General Electric is American conglomerate founded in 1892, with many divisions including aviation, healthcare, and formerly appliances. In 2016, Haier Group purchased GE Appliances from General Electric for 5.4 billion dollars, including GE, Profile, Café, and Monogram appliance brands, with headquarters and manufacturing remaining in Louisville, Kentucky, USA, maintaining American jobs and Made in USA label for many products, operating as subsidiary Haier-owned company. So Haier owns GE Appliances division, which makes refrigerators, washers, and other appliances under GE brands, but Haier does not own General Electric parent company which still exists as GE Aerospace and GE Vernova after breakup. So answer is Haier owns GE Appliances appliance business since 2016, but not entire GE corporation, with GE Appliances being subsidiary of Haier Group, manufacturing in US with American workers while owned by Chinese Haier Group.
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