Fisher & Paykel Appliances Holdings Ltd (/ˈpaɪkəl/) is a major appliance manufacturer which is a subsidiary of Chinese multinational home appliance manufacturer Haier. It is a multinational corporation based in East Tamaki, New Zealand. Originally an importer of domestic refrigerators, Fisher & Paykel now holds over 420 patents and bases its identity on innovative design, particularly in the areas of usability and environmental awareness. In 2012, Haier, a major Chinese appliance manufacturer, purchased over 90% of Fisher & Paykel Appliance shares.