Midea Group
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ShareCopied to clipboardMidea Group is a company. It is a public company in Foshan, China. It was founded in 1968 and its current CEO is Hongbo Fang. It is part of the Consumer Discretionary sector, specifically in the Household Durables industry.
Key facts
- city: Foshan
- country: China
- employees: 165,799 people
- revenues: 50.4B $
- company type: public
- sector: Consumer Discretionary
- industry: Household Durables
- foundation year: 1968
- CEO: Hongbo Fang
- ESG score: Try Pro to see estimate
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Midea Group is one of the companies in China, companies in Household Durables, companies in Consumer Discretionary, companies in Foshan and 3,456,808 companies in our database.
Talking Points
- Midea Group - Humanizing Technology
- Aiming to be the Game Changer, we are continuously committed to bringing great innovations to life. #bethegamechanger | Midea Group is a leading global high-technology company of Global Fortune 500. For more than 50 years, Midea Group aims to develop solutions for our international customers that not only meet the ...
- Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.