Midea Competitors and Similar CompaniesClear all
Midea's competitors and similar companies include Haier Smart Home and Panasonic.
 Haier Smart Home Haier Smart Home (海尔智家股份有限公司) is a company that specializes in the research, development, production, and sales of smart home appliances. |  Panasonic Panasonic (パナソニック株式会社) is a company that specializes in the development, manufacture, and sale of electronic appliances. | ||
Founding Date | Founding Date 1968 | Founding Date 1984 | Founding Date 1918 |
Type | Type Public | Type Public | Type Subsidiary |
Tags | |||
Locations | Locations Foshan, CN HQ Buenos Aires, AR Melbourne, AU Douala, CM Markham, CA Markham, CA San Joaquín, CL see more | Locations Qingdao, CN HQ Auckland, NZ Singapore, SG Louisville, US | |
Employees | Employees 198,432 | Employees 122,733 | Employees 90,000 |
Valuation ($) | Valuation ($) 77.6 b | Valuation ($) 36.9 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) ¥420.5b (FY, 2025) | Revenue (est.) ¥299.3b (FY, 2025) | Revenue (est.) ¥3.6t (FY, 2025) |
Cost of goods | Cost of goods ¥336b (FY, 2025) | Cost of goods ¥221.7b (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit ¥120.3b (FY, 2025) | Gross profit ¥79.3b (FY, 2025) | Gross profit N/A |
Net income | Net income ¥44.5b (FY, 2025) | Net income ¥20.2b (FY, 2025) | Net income N/A |
For sources of this data, please see the company profile
View Company Profiles
Haier Smart Home
HQ
Qingdao, CN
Employees
122,733
Haier Smart Home (海尔智家股份有限公司) is a company that specializes in the research, development, production, and sales of smart home appliances.
View companyPanasonic
HQ
Tokyo, JP
Panasonic (パナソニック株式会社) is a company that specializes in the development, manufacture, and sale of electronic appliances.
View company