Midea Group
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Midea Group Company Information
Midea Group is a global enterprise with a total revenue of $51.39 billion and a workforce of over 166,000 individuals. Ranked 278th on the Fortune Global 500 list, the company operates in various industries including Smart Home, Electro-Mechanical, Building Technologies, Robotics & Automation, and Digital Innovation. Midea has subsidiary companies in over 200 countries and has invested $4.05 billion in research and development over the last five years, holding over 80,000 granted patents. The company manufactures a wide range of appliances such as air conditioners, refrigerators, and washing machines under brands like Toshiba, Comfee, and Eureka. Midea operates 31 innovation centers worldwide and has a manufacturing automation rate of 49.3% in China, utilizing over 1,600 robots on its production lines.