China's Haier buying GE appliance unit for $5.4 billion
Haier Group, the world's biggest appliance maker, is buying General Electric Co.'s appliance business for USD 5.4 billion to expand its global presence.
Jan 15, 2016, 17:04 PM IST
Fridge magnate - Zhang shifts Haier focus for wireless age
Zhang Ruimin, the 66-year-old CEO of Haier Group, said global over-capacity and a shift to advanced manufacturing in a wireless age has put off talk of large acquisitions.
May 13, 2015, 08:48 AM IST
