MEAN WELL Competitors and Similar CompaniesClear all
MEAN WELL's competitors and similar companies include XP Power and YAGEO.
 MEAN WELL MEAN WELL Enterprises (明緯企業股份有限公司) is a company that manufactures standard power supply products. | |||
Founding Date | Founding Date 1982 | Founding Date 1988 | Founding Date 1977 |
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 Taipei, TW HQ Dongguan, CN Shanghai, CN Suzhou, CN Su Zhou Shi, CN München, DE Hong Kong, HK see more |
Employees | Employees 2,500 | Employees 2,138 | Employees 30,68714% decrease |
Financial | |||
Revenue (est.) | Revenue (est.) NT$32.9b (FY, 2024) | Revenue (est.) £230.1m (FY, 2025) | Revenue (est.) NT$132.9b (FY, 2025) |
Cost of goods | Cost of goods NT$19.5b (FY, 2024) | Cost of goods £131m (FY, 2025) | Cost of goods NT$75b (FY, 2025) |
Gross profit | Gross profit NT$13.6b (FY, 2024) | Gross profit £99.1m (FY, 2025) | Gross profit NT$58b (FY, 2025) |
Net income | Net income NT$8.7b (FY, 2024) | Net income (£11.3m) (FY, 2025) | Net income NT$23.8b (FY, 2025) |
Operating ⚠ | |||
Distributors | Distributors 245 (Jun, 2024) | Distributors N/A | Distributors 7 (FY, 2023) |
R&D Centers | R&D Centers 3 (Jun, 2024) | R&D Centers N/A | R&D Centers 20 (FY, 2023) |
Sales Offices | Sales Offices 19 (Jun, 2024) | Sales Offices 24 (FY, 2023) | Sales Offices 35 (FY, 2023) |
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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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YAGEO
HQ
Taipei, TW
Employees
30,687↓ 14% decrease
YAGEO (國巨股份有限公司) is a company that manufactures and sells electronic components.
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