Midea

Midea belongs to Midea Holding Co., Ltd. through Midea Group Co., Ltd.. Midea is owned by Midea Holding Co., Ltd., headquartered in China. No. The ultimate owner of Midea, Midea Holding Co., Ltd., is headquartered in China, not in the United States.

Midea Group is a Chinese electrical appliance manufacturer headquartered in Beijiao, Shunde District, Foshan, Guangdong. It is listed on the Shenzhen Stock Exchange and employs approximately 150,000 people worldwide. The company produces a wide range of home appliances, including air conditioners, refrigerators, washing machines, and dishwashers. Midea Group has expanded its global presence through acquisitions such as Toshiba's home appliance business in Japan and KUKA in Germany. Additionally, Midea has established subsidiaries like Welling, which manufactures automotive parts, and GMCC, which produces compressors. The company operates in over 200 countries and regions, with 43 production facilities and 28 innovation centers worldwide. In 2020, Midea Group reported an annual revenue of over $41.4 billion.

Welling (automotive parts), GMCC (compressors), KUKA (industrial robots)