South Korea's Samsung and LG in televisions, and China's Haier in home appliances, threaten to do to Japan what Japan did to America, by producing high-quality products at low prices.

ECONOMIST: Japan's electronics giants

Today Haier sells 250 models of home appliances, from dishwashers to microwaves, in big retailers like Wal-Mart and Costco and over 1, 000 appliance dealers.

FORBES: The Challenge From China

Today China's Haier sells 250 models of home appliances, from dishwashers to microwaves, in such big retailers as Wal-Mart and Costco and more than a thousand appliance dealers.

FORBES: The long march to marketing

Haier is a Chinese multinational consumer electronics and home appliances company headquartered in Qingdao, Shandong, China.

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