The company operates through four segments: Smart Home Business, Smart Building Technology, New Energy and Industrial Technology, and Others, offering household air-conditioners, central air-conditioners, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, and various small household appliances, elevators, high and low voltage inverters, medical imaging products, and robotics and automation systems. The firm engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. It owns multiple renowned brands including Midea, Little Swan, Hualing, COLMO, and KUKA, with operations spanning over 200 countries and regions.
Midea demonstrates strong market position as the world's largest smart home appliance manufacturer with diversified revenue streams across multiple segments. Financial performance is solid with 2024 revenue of 407.15 billion Chinese yuan, an increase of 9.44% compared to the previous year. Strategic integration of KUKA robotics and global footprint across 200+ countries positions the company well for automation-driven growth.
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