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Is Haier owned by GE?

Asked by Anonymous Oct 03, 2026 5 views 1 answers
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Answered Oct 06, 2026
No, Haier is not owned by GE, it is opposite, Haier owns GE Appliances, which is appliance division formerly owned by General Electric, with Haier acquiring GE Appliances in 2016, so GE Appliances is now owned by Haier, not Haier owned by GE. Haier Group Corporation is Chinese multinational appliance company headquartered in Qingdao, China, founded in 1984 by Zhang Ruimin, now world's largest appliance manufacturer by volume with revenue over 30 billion dollars. General Electric, American company founded in 1892, owned GE Appliances division making refrigerators, washers, and other appliances in Louisville, Kentucky, USA. In 2016, Haier Group purchased GE Appliances from General Electric for 5.4 billion dollars, gaining GE, Profile, Café, and Monogram brands, with GE Appliances operating as subsidiary headquartered in Louisville, Kentucky, maintaining US manufacturing and American jobs, with Made in USA label for many products, while being owned by Chinese Haier Group. So Haier is parent company owning GE Appliances, not owned by GE, with GE Appliances being subsidiary of Haier Group, and Haier brand itself is flagship Chinese brand separate from GE Appliances brands, though both under Haier Group umbrella, making Haier owner of GE Appliances since 2016.
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