MIDEA-GROUP
The 2022 Fortune Global 500 list has been announced with Midea Group listed on Fortune Global 500 for its seventh consecutive year, this time with its ranking moved up to No. 245.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220731005072/en/
This April, Midea Group published its 2021 annual report - the company's annual revenue grew 20.06% in 2021, reaching an all-time high of RMB343.4 billion.
Midea adheres to its strategic focus on “Technology Leadership”, and accelerates its technology-driven transformation.
For C-suite businesses, smart home is committed to providing the best experience of whole-house smart home appliances and services through using IoT and AI technology.
For B-suite businesses, Midea focuses on developing not only ToB business areas such as robotics and automation, building technologies, energy management, smart travel, and Midea Healthcare, but also further developing the transformation and upgrading of digital innovation business areas such as Annto, Midea Cloud.
In this approach Midea will strive to better realize its ultimate aim of evolving from a home appliance company into an innovation-driven technology group.
Midea Industrial Technology invests in green energy and high-precision products, and it operates brands such as GMCC, Welling, HICONICS, SERVOTRONIX, etc.
With its digital building service platform, Midea Building Technologies provides one-stop solutions that are intelligent, digital, and low-carbon.
The Robotics & Automation division focuses on providing solutions for industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.
The Digital Innovation Business provides solutions and services for the digital transformation of enterprises.
In addition, Midea has been seeking breakthroughs in overseas markets; recently, COSCO-owned CSP Abu Dhabi signed an agreement with Midea on the joint construction of an overseas warehouse transit center in the Middle East, which will make it easier for international users to access Midea products.
Midea Group is proud to have a family of approximately 160,000 employees, including over 30,000 based overseas.
About Midea Group
Midea Group has upheld its philosophy of creating a better life through technology ever since its establishment 54 years ago. Over the past five years, Midea has invested nearly RMB50 billion in R&D, and has 35 R&D centers and 35 major production bases across the globe. Midea products and services are used and enjoyed by 400 million consumers in over 200 countries and regions.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220731005072/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Foresight Launches the First Conversational AI Interface to Query Unified Private Market Data23.10.2025 14:07:00 CEST | Press release
From deal sourcing to portfolio management, Foresight is shaping the future of how the private market engages with data Foresight is ushering in the next generation of private market software by letting its customers use natural language to query their unified pre- and post-deal data. Today, the company announced new AI capabilities that will give customers the ability to ask questions within the Foresight platform as well as in ChatGPT, Claude, and Glean through its new model context protocol (MCP) server. Private market dealmakers will be able to prompt Foresight’s AI for lists of prospective companies, and anyone who makes post-deal decisions will be able to ask portfolio questions, model scenarios, and execute workflows in natural language on Foresight’s desktop or mobile interfaces. “The $15 trillion private market has run on data silos and Excel, which has created unnecessary opacity. Foresight unlocks the data and analytics that fund managers and financial institutions need by u
Adtran launches industry-first Galileo OSNMA authentication for Oscilloquartz timing solutions23.10.2025 14:00:00 CEST | Press release
News summary: GNSS timing underpins 5G, finance and data centers, yet spoofing and signal manipulation threaten accuracy, reliability and trust Adtran’s Oscilloquartz technology now supports Galileo OSNMA, a new authentication service that verifies GNSS signals First-to-market timing innovation boosts GNSS resilience, helps futureproof deployments and sets a new benchmark for timing security Adtran today announced support for Galileo’s Open Service Navigation Message Authentication (OSNMA) across its Oscilloquartz synchronization platforms, marking a major advance in GNSS security. OSNMA is the first GNSS authentication service designed for civilian use, and Adtran is the first in the timing industry to support it. By verifying that timing data originates from genuine Galileo satellites, OSNMA ensures authenticity and integrity at the point of reception. Available via firmware update for supported multi-band GNSS receivers, the new feature adds an extra layer of protection against spoo
The Next Era of Ownership Begins with the All New Ledger Nano™ and Ledger Wallet™23.10.2025 14:00:00 CEST | Press release
The all new Ledger Nano™ reinvents the iconic signer for a new era, securing Ledger Wallet™ and putting you in control, free from compromise. Ledger™, the world leader in digital asset security for consumers and enterprises, today unveiled a new era for Ledger, ownership, and identity. At Ledger Op3n in Paris, Ledger launched the new Ledger Nano™ Gen5, recreated and expanded Ledger Live™ as Ledger Wallet™, and introduced Ledger Multisig. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251023549325/en/ As society transitions to digital identities, challenged by AI and a blurring of physical and online worlds, authenticating what's true is critical. Ledger is redefining its products to meet this future head-on, building products to enable Proof of You and Proof of Authority at scale. Ledger’s secure devices, formerly known as hardware wallets, are now Ledger signers. This update reflects their expanded role beyond securing fina
CEOs Worldwide Show Rising Confidence and Unprecedented Adaptability Amid Unrelenting Uncertainty23.10.2025 14:00:00 CEST | Press release
Egon Zehnder’s global study of 1,235 CEOs finds leaders emerging more resilient and future focused Global CEOs are meeting ongoing volatility with renewed confidence and agility, according to The CEO Response, Egon Zehnder’s latest study of 1,235 chief executives. The research reveals that 92% of CEOs believe they must cultivate unprecedented levels of adaptability to lead effectively through current geopolitical and economic disruption. Yet most feel more capable and confident than a year ago, having turned recent crises into lasting lessons in resilience. “CEOs are increasingly adjusting to the rapidly changing world order, characterized by fragmented alliances, strategic resource shortages, new technologies, and the power of individual actors,” said Lars-Hendrik Röller, Founder and Chair of the Berlin Global Dialogue. “They are guided by a key insight: Either they help shape the rules of the new order—or they are completely exposed to its complex developments.” Nearly six in ten CEO
Vodafone Spain and Twilio Partner to Offer Secure and Interactive RCS Messaging to Businesses in Spain23.10.2025 10:00:00 CEST | Press release
81% of consumers prefer RCS over SMS, and 71% of businesses plan to adopt it in the next year. Twilio, the customer engagement platform that powers personalised, real-time experiences for today's leading brands, has announced an extended partnership with Vodafone Spain, one of the country's leading telecommunications operators. This will enable Spanish businesses to access Rich Communication Services (RCS) messaging, revolutionising the way they interact with their customers through rich, interactive and secure communications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251023623745/en/ Vodafone Spain has relied on Twilio's global expertise to accelerate the adoption of this next-generation messaging solution, positioning it as the new standard for business communication in the Spanish market. A much needed evolution for mobile communication In a world where personalisation and trust are essential for brand to consumer re
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom