Haier is a large Chinese appliance manufacturer founded in 1984. It has grown significantly and now has over 70,000 employees working across 240 subsidiaries and 30 design centers worldwide. Haier produces a wide range of appliances including air conditioners, refrigerators, washing machines, and televisions. It has become the fourth largest white goods producer globally and sells products in over 160 countries. Haier focuses heavily on research and development, investing millions in new technology and quickly transferring innovations to its product lines. Some of its main competitors in the Indian market include LG, Whirlpool, and Samsung.