MEAN WELL Competitors and Similar CompaniesClear all
MEAN WELL's competitors and similar companies include XP Power and Avary Holding.
 MEAN WELL MEAN WELL Enterprises (明緯企業股份有限公司) is a company that manufactures standard power supply products. |  Avary Holding Avary Holding (Shenzhen) (鹏鼎控股(深圳)股份有限公司) is a company that manufactures and sells printed circuit boards. | ||
Founding Date | Founding Date 1982 | Founding Date 1988 | Founding Date 1999 |
Type | Type Public | 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 see more | Locations Shenzhen, CN HQ Huaian, CN Huai An, CN Qinhuangdao, CN Shenzhen, CN |
Employees | Employees 2,500 | Employees 2,138 | Employees 43,130 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 370.8 m | Valuation ($) 11.8 b |
Financial | |||
Revenue (est.) | Revenue (est.) NT$32.9b (FY, 2024) | Revenue (est.) £230.1m (FY, 2025) | Revenue (est.) ¥38.6b (FY, 2025) |
Cost of goods | Cost of goods NT$19.5b (FY, 2024) | Cost of goods £131m (FY, 2025) | Cost of goods ¥30.7b (FY, 2025) |
Gross profit | Gross profit NT$13.6b (FY, 2024) | Gross profit £99.1m (FY, 2025) | Gross profit ¥8.2b (FY, 2025) |
Net income | Net income NT$8.7b (FY, 2024) | Net income (£11.3m) (FY, 2025) | Net income ¥3.7b (FY, 2025) |
Operating ⚠ | |||
Sales Offices | Sales Offices 19 (Jun, 2024) | Sales Offices 24 (FY, 2023) | Sales Offices N/A |
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XP Power
HQ
Singapore, SG
Employees
2,138
XP Power is a company that manufactures power control solutions.
View companyAvary Holding
HQ
Shenzhen, CN
Employees
43,130
Avary Holding (Shenzhen) (鹏鼎控股(深圳)股份有限公司) is a company that manufactures and sells printed circuit boards.
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