Haier Pakistan Explained

Haier Pakistan
Type:Private
Area Served:Pakistan
Key People:Javed Afridi (CEO)
Industry:Consumer electronics
Home appliances
Products:Major appliances
Small appliances
Commercial heating and cooling systems
Consumer electronics
Subsid:Peshawar Zalmi

Haier Pakistan (Urdu: {{nq|ہائیر پاکستان) is a consumer electronics and home appliances company in Pakistan. Established in 2000, it is a subsidiary of the Chinese multinational group Haier.[1]

It is one of the largest companies in Pakistan's home appliances market, in terms of sales and revenues generated.[2] Common appliances produced by the group include refrigerators, air conditioning units, washing machines, kitchen appliances, and handsets.[3]

In 2015, Haier invested $5 million to establish a mobile phone assembly plant in Lahore, which would annually manufacture over 1.5 million cellphones for the Pakistani market.[1] In the first half of 2017, Haier sold more than 270,000 refrigerators, exceeding previous years' figures.[4] However, there is an increasing concern over customer service issues and Haier Pakistan's control over its third party dealership.

The group's CEO is Javed Afridi and it notably owns the Peshawar Zalmi franchise in the Pakistan Super League, which was acquired for $16 million over a ten-year period.[5] [6] The group has also sponsored other cricket and sports tournaments in the country.[7]

Notes and References

  1. News: With encouraging response, Haier Pakistan to expand more aggressively. Shahram. Haq. The Express Tribune. 21 December 2015. 2 August 2017.
  2. News: Corporate corner. The Nation. 1 August 2017. 2 August 2017.
  3. News: Haier introduces 10 Year Warranty. Pakistan Observer. January 2017. 2 August 2017.
  4. News: Haier sells 270,000 refrigerators this year. Dunya News. 11 July 2017. 2 August 2017.
  5. News: Pakistan Super League: Seven Companies fight it out to buy franchises . The Express Tribune . Nabeel. Hashmi. 3 December 2015 . 3 December 2015.
  6. Web site: Peshawar Zalmi launch foundation with aim to transcend cricket. Cricket World. 14 February 2016. 30 December 2015. John. Pennington.
  7. Web site: Interview: Javed Afridi on Pakistan cricket, PSL and Shahid Afridi's future. Amir. Husain. Sport360.com. 9 May 2016. 1 August 2017.