Midea Group, one of the world’s leading home appliance companies, has risen to #288 on the 2021 Fortune Global 500 list for the sixth year running, its highest-ever ranking since it first entered the coveted list in 2016.
Fortune 500 ranks companies by total revenues for their respective fiscal years. In this year’s report, Midea Group recorded a total annual revenue of USD 41.443 B in 2020.
Testament to its success, earlier this year, Midea Group streamlined its core business units of Home Appliances, HVAC, Robotics and Components and recategorized them into five high-growth business groups: Smart Home Business Group, Electromechanical Business Group, HVAC & Building Technologies Division, Robotics & Automation Division and Digital Innovation Business.
Based on the company’s credo #HumanizingTechnology, Midea Group’s new four core focus areas are: Technology Leadership, Direct to Users, Digitization & Intelligence and Global Impact. Midea Group is aiming for ‘Technology Leadership’ by developing breakthroughs and transformation within their B2B and B2C business pillars while always having a user- and consumer-centric approach.
ENDS
For more information, contact:
Brando Brandstaeter
Head of Global Brands & Communications
Midea Group – International Business Division
Brando.Brandstaeter@Midea.com
About Midea & Midea Group
Midea is one of over 10 brands within the Smart Home Business Group of Midea Group – a leading global high-technology company ranked #288 at 2021’s Global Fortune 500.
Midea Group’s business goes beyond home appliances and in early 2021 the company streamlined its core business units into five high-growth business groups to pave the new future growth path: Smart Home Business Group, Electromechanical Business Group, HVAC & Building Technologies Division, Robotics & Automation Division and Digital Innovation Business.
All businesses of Midea Group are striving for one credo: #HumanizingTechnology.
The Midea Home Appliances brand offers one of the world’s most comprehensive product ranges in the smart home appliance industry, specializing in air-treatment (commercial and residential air conditioning solutions), refrigeration, laundry, large kitchen and cooking appliances, small kitchen appliances, water appliances and floor care.
Midea’s Smart Home Division believes in providing ‘surprisingly friendly’ solutions by adopting a consumer-centric and problem-solving approach. Going above and beyond for the future, constantly exploring, and inventing to meet the ever-changing demand of our consumers – enabling them to “make yourself at home”, which also is the brand’s slogan.
Midea is, among many others, the world’s #1 Air Treatment Brand [1], the world’s #1 Small Cooking Appliances Brand [2] , the world’s #1 Air Coolers Brand[3] , the world’s #1 Cooling Fans Brand[4], and the world’s #1 Rice Cookers Brand[5].
Midea’s globally 34 production centers and over 150,000 employees in more than 200 countries and regions generated an annual revenue of more than USD 41.4 billion in 2020. Midea’s 28 worldwide innovation centers and the strong commitment to R&D have resulted in more than 62,000 authorized patents to-date.
[1] “Midea – World’s No.1 Air Treatment Brand”
Source:“Euromonitor International (Shanghai) Limited; Consumer Appliances 21ed, retail volume sales in units, 2020 data”
[2] ”Midea – World’s No.1 Small Cooking Appliances Brand”
Source:“Euromonitor International (Shanghai) Limited; Consumer Appliances 21ed, retail volume sales in units, 2020 data”
[3] “Midea – World’s No.1 Air Coolers Brand”
Source:“Euromonitor International (Shanghai) Limited; Consumer Appliances 21ed, retail volume sales in units, 2020 data”
[4] “Midea – World’s No.1 Cooling Fans Brand”
Source:“Euromonitor International (Shanghai) Limited; Consumer Appliances 21ed, retail volume sales in units, 2020 data”
[5] “Midea – World’s No.1 Rice Cookers Brand”
Source:“Euromonitor International (Shanghai) Limited; Consumer Appliances 21ed, retail volume sales in units, 2020 data”
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Midea 519 Liter Multi Door Refrigerator | MDRF633MIF22
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Havells Monza NU 5S, 100-Litre Storage Water Heater | GHWAMOSWH100
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Midea 338 Liter Double Door Refrigerator | MDRT489MTB28-MY
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Midea 99-L Hard Top Single Door Chest Freezer | MDRC152FZG01-SG
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Midea Breezeless E series 1.5 ton Full DC Inverter Wall Mounted Air Conditioner | MSCB1CU-18HRFN8
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Midea BreezeleSS+ series 1 ton DC Inverter Wall Mounted Air Conditioner | MSFAAU-12HRFN8
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TESLA 2 ton T-FRESH series DC Inverter Wall Mounted Air Conditioner | TE-TF-24KHC-KRU
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Skyworth 1.5 ton DC Inverter Wall Mounted Air Conditioner | SMVH18B-WiFi
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Havells TURBO DX 25 Ltr Storage Electric Water Heater | GHWAPDTPI015
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Midea 1600 W Vacuum Cleaner | VTW21A15T
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Midea 7 Ltr. Air Fryer | MF-CY70K
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Midea 236 Liter Double Door Refrigerator | MDRT346MTB28-MY
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Midea Auto Timer 4 Gas Burner Hob | 60GH096
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Blue Star 2 ton DC Inverter Wall Mounted Air Conditioner | HW24HXYFCN-00
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Midea 142-L Hard Top Single Door Chest Freezer | MDRC207SLF01
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Midea 15 Ltrs. Electric Storage Water Heater | D15-20F3
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Skyworth 1 ton Wall Mounted Air Conditioner | SMFH12B
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Crompton Insta Comfy 800 W Quartz Room Heater | ACGHRH-INSTACOMFY
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Crompton Solarium Qube Plus, 15-Ltr Storage Water Heater | ASWH-3215
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Midea 1.6 Ltrs. Instant Water Geyser | DSK73055-J
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Midea 10 Ltrs. Electric Water Heater (Geyser) | D10-20VG1
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Crompton Rapid Jet, 3-Ltr Instant Water Heater | AIWH-3LRPIDJT3KW5Y
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Midea Floor Standing Air Conditioner 4 ton (MFGA-48HRN1)
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Comfee’ 1.7 Ltrs. Electric Kettle | MK-17D19A2
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Midea 90cm Chimney Hood (Auto Heat Clean) | 90V01
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Havells BIANCA 4S, 25 Litre Storage Water Heater | GHWCBNTWH025
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Mitsubishi Heavy Industries 0.75 Ton DC Inverter Wall Mounted Air Conditioner | SRK25ZSP-W
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Sanitary Napkin (PAD) Vending Machine – VEND 30
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1400 Watt Bag Type Vacuum Cleaner | VCB32A13S
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Midea 15 Fin Oil Filled Radiator Heater | NY2315-15EFA
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Omega 1.5 ton Fixed-speed Wall Mounted Air Conditioner | AUS-18H53AB7-702(18)
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Skyworth 505 Liter Multi Door Refrigerator | SRM-510WPB
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Midea 9 Fin Oil Filled Radiator Heater | NY2009-22HF
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Midea 240 Liter Single Door Showcase | MDRZ302FGG30
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Skyworth 510 Liter Multi Door Refrigerator | SRM-600BMW
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Midea 60cm T-Shape Rangehood Chimney | 60M17
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Mitsubishi Electric 2 Ton DC Inverter Wall Mounted Air Conditioner | MSZ-HJ60VA
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Midea 4 burner LPG Gas Hob Glass Top | 60G40ME096-GFT
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Midea DC Inverter Ceiling Cassette 1.5 ton Air Conditioner | MCA4U-18HRFN8
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Midea 482 Ltr. Side By Side Refrigerator | MDRS619FGG28IND
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Midea 350 Liter Showcase | MDRZ432FGG30
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- BRAND: MIDEA
- "Xtreme series" for great Cooling & Heating
- A++ Efficiency Ratted
- Ultra Quiet Operation from 30 dB (A)
- Adjustable Fan Speeds
- Dehumidify, Cool, Heat and Circulate Modes
- 4 Way Direction Air Vane
- 24 Hour Programmable timer
- Display remote control
- LED Display and Wireless Remote Control
- FREE INSTALLATION
- 24 Hour Sleep Timer
- High Density Filter
- Flash Cool, Turbo Mode, Follow Me
- EER (сooling mode) : 3.21
- COP (heating mode) : 3.9
Havells TURBO DX 15 Ltr Storage Electric Water Heater | GHWAPDTPI015
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Havells PURO DX 4S, 15 Ltr Storage Electric Water Heater
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Midea 7 Kg Washing Machine | MF100W70/W-NP
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Skyworth DC Inverter 1 ton Wall Mounted Air Conditioner | SMVH12B-R32
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Midea Dehumidifier 50 Ltrs | MDDP-50DEN7
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Midea Xtreme Save Series DC Inverter Wall Mounted Air Conditioner 1 ton | MSAGB-12HRFN8
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