OverviewSuggest Edit

Midea Group is a technologies group operating through the smart home, electro-mechanical, HVAC and building technologies, robotics and automation systems, and digital innovation business units. Its key products include kitchen appliances, refrigerators, residential and commercial air conditioners, small appliances, laundry appliances, cleaning appliances, and water appliances.

TypePublic
Founded1968
HQFoshan, CN
Websitemidea-home.com

Latest Updates

Employees (est.) (Dec 2019)134,897(+18%)
Share Price (Jul 2021)¥63.3
Cybersecurity ratingCMore

Key People/Management at Midea

Fang Hongbo

Fang Hongbo

Chairman, CEO
He Jianfeng

He Jianfeng

Director
Yin Bitong

Yin Bitong

Executive Director, Vice President
Gu Yanmin

Gu Yanmin

Executive Director, Vice President
Liu Min

Liu Min

Chairman of the Supervisory Committee; CEO Assistant & HR Director
Wang Jianguo

Wang Jianguo

Vice President
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Midea Office Locations

Midea has offices in Foshan, Hefei, Louisville, Parsippany-Troy Hills and in 27 other locations
Foshan, CN (HQ)
No. 6 Midea Avenue, Beijiao Shunde
Hefei, CN
176 Jin Xiu Road
Minsk, BY
zavulak Sofji Kavalieŭskaj 52
Markham, CA
215 Shields Ct #2
Las Condes, CL
Mariano Sánchez Fontecilla 310
Eschborn, DE
Ludwig-Erhard-Straße 14
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Midea Financials and Metrics

Midea Revenue

Market capitalization (29-Jul-2021)

449.0b

Closing stock price (29-Jul-2021)

63.3
Midea's current market capitalization is ¥449 b.
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Midea Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Midea Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Midea Online and Social Media Presence

Embed Graph

Midea News and Updates

Midea Unveils The Midea Cube - The World's First Extended Dehumidifier With Lift And Twist Design

PARSIPPANY, N.J., June 10, 2021 /PRNewswire/ -- Warmer weather is here, which in most areas across the U.S., can mean heavy rain and high humidity levels in homes. Dehumidifiers are the best option to prevent spring humidity and dampness and can protect homes from severe damage. Midea,...

Midea Keeps it "Real Cool" with the New Duo Inverter Portable Air Conditioner

PARSIPPANY, N.J., May 18, 2021 /PRNewswire/ -- As the weather starts to warm up across the country, more and more people are looking for ways to keep their homes cooler – especially those without central air conditioning or the ability to use a window unit. While portable air conditioners...

Midea, China’s top home appliances maker, to expand overseas production as it eyes 10 per cent global market share

Midea Group, China's largest home appliances company, is expanding overseas production with new plants featuring enhanced automation as part of its ambition to corner around 10 per cent of the global market within five years, according to a top executive.

Global Smart Robots Market (2021 to 2025) - Featuring Midea Group, OMRON and Yaskawa Electric Among Others

Dublin, April 21, 2021 (GLOBE NEWSWIRE) -- The "Global Smart Robots Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the smart robots market and it is poised to grow by $44.44 billion during 2021-2025, progressing at a CAGR of almost 2…

Worldwide Robotics Industry to 2026 - Featuring Sony, Midea and Honda Motor Among Others

Dublin, April 21, 2021 (GLOBE NEWSWIRE) -- The "Global Robotics Market, By Component (Hardware and Software), By Type (Articulated, Cartesian, SCARA, Cylindrical and Others), By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, and Others), By Region, Competition…

Midea hires new CFO from HSBC; Aviva Singlife names group CIO; and more

Jeremy Choy is leaving his role as head of technology MA at HSBC in Asia for Midea, as the Chinese home appliance firm’s new chief financial officer CFO.
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Midea Frequently Asked Questions

  • When was Midea founded?

    Midea was founded in 1968.

  • Who are Midea key executives?

    Midea's key executives are Fang Hongbo, He Jianfeng and Yin Bitong.

  • How many employees does Midea have?

    Midea has 134,897 employees.

  • Who are Midea competitors?

    Competitors of Midea include Haier, Whirlpool and Johnson Controls.

  • Where is Midea headquarters?

    Midea headquarters is located at No. 6 Midea Avenue, Beijiao Shunde, Foshan.

  • Where are Midea offices?

    Midea has offices in Foshan, Hefei, Louisville, Parsippany-Troy Hills and in 27 other locations.

  • How many offices does Midea have?

    Midea has 32 offices.