MEAN WELL Competitors and Similar CompaniesClear all

MEAN WELL's competitors and similar companies include XP Power.
MEAN WELL
MEAN WELL
MEAN WELL Enterprises (明緯企業股份有限公司) is a company that manufactures standard power supply products.
XP Power
XP Power
XP Power is a company that manufactures power control solutions.
Founding Date
Founding Date
1982
Founding Date
1988
Type
Type
Public
Type
Public
Tags
Locations
Locations
New Taipei City, TW HQ
Bengaluru, IN
Seoul, KR
Puchong, MY
Amsterdam, NL
Singapore, SG
Fremont, US
Locations
Singapore, SG HQ
Mississauga, CA
Shanghai, CN
Glostrup, DK
Rungis, FR
Bremen, DE
Salach, DE
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Employees
Employees
2,500
Employees
2,138

Financial

Revenue (est.)
Revenue (est.)
NT$32.9b (FY, 2024)
Revenue (est.)
£230.1m (FY, 2025)
Cost of goods
Cost of goods
NT$19.5b (FY, 2024)
Cost of goods
£131m (FY, 2025)
Gross profit
Gross profit
NT$13.6b (FY, 2024)
Gross profit
£99.1m (FY, 2025)
Net income
Net income
NT$8.7b (FY, 2024)
Net income
(£11.3m) (FY, 2025)

Operating

Sales Offices
Sales Offices
19 (Jun, 2024)
Sales Offices
24 (FY, 2023)
For sources of this data, please see the company profile

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XP Power
HQ
Singapore, SG
Employees
2,138

XP Power is a company that manufactures power control solutions.

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