Haier Strengthens Its Position as the #1 Global Major Appliances Brand - Euromonitor

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QINGDAO, China, Dec. 13, 2010 /PRNewswire-Asia/ -- The Haier Group today announced that Euromonitor International, the world's leading independent provider of business intelligence on industries, countries and consumers has again ranked Haier as the number one brand of Major Appliances in the world with 6.1% retail volume market share in 2010. Haier extends its global brand market share by almost 20% from 2009.  

Haier also tops Euromonitor International's ranking in three product categories, expanding its market leadership in each of them year on year:

Haier's top ranking for a second consecutive year is proof yet again that an ever-growing number of customers value the innovative products tailored to their needs that Haier offers. The company's continued expansion both within China and internationally reflects customer's growing confidence towards the Haier brand.  

"Haier became the world leader in Major Appliances in 2009. While we have reached one of our goals, Haier has not stopped its efforts to design and provide consumers around the world with solutions that ease their everyday lives," said Ms. Zhang Tieyan, Director of Haier Global Branding Operation. "Euromonitor's 2010 rankings show the increasing trust consumers have in the Haier brand and we expect our leadership to steadily increase in the future as Haier continues to focus its innovation towards offering better solutions and services globally, bringing more value to our customers."

Euromonitor International Limited, founded in the UK in 1972, is the world's leading independent provider of business intelligence on industries, countries and consumers. The Global Major Appliances Brands 2010 rankings are based on 2010 data from trade sources and national statistics.  

About Haier Group Co. Ltd

Founded in Qingdao, Shandong province, China, in 1984 under the leadership of ZHANG Ruimin, its current Chairman and CEO, Haier is the No. 1 major home appliances brand in the world and China. Haier products are distributed in more than 160 countries and regions in North America, Europe, the Middle East, Asia and Africa. Global revenues amounted to RMB 124.3billion (USD18.2 billion) in 2009, the profit growth is 10 times more than revenue growth. Haier employs more than 60,000 people, including 10,000 outside China.

SOURCE Haier Group Co. Ltd.