DEPLOYDatabase

Company

Midea Group

Chinese multinational home appliance and robotics conglomerate headquartered in Shunde, Guangdong.

Track Midea GroupGet notified of verified changes
Founded
1968
HQ
Shunde, Guangdong, China
Status
public (SHE:000333)

Overview

Chinese multinational home appliance and robotics conglomerate headquartered in Shunde, Guangdong. Founded in 1968 by He Xiangjian, it is one of the world's largest appliance manufacturers with 2023 revenue of RMB 373.7 billion (~9B). In 2016, Midea acquired German industrial robot maker KUKA AG for approximately $5 billion, making it a major player in industrial automation. The group has pledged $8.7 billion for AI and robotics investment.

Verified record

Verified deployments
None on file
Active incidents
None on file

DEPLOY Intelligence

Market intelligence for physical AI

Analyst-grade signals, competitive tracking, and investment context across the global physical AI landscape. Launching 2026.

Key facts

Founder

He Xiangjian

CEO

Paul Fang (Fang Hongbo)

Stock listing

Shenzhen:000333

Revenue 2023

RMB 373.7 billion (~$69B)

Market cap

~$84B (July 2026)

KUKA acquisition

2016, ~$5B for majority stake

AI/Robotics pledge

$8.7 billion

Data & sources

Web sources

1

1 source backing this record.View all →

Midea Group on the deployment map

Where Midea Group's robots are verified operating. Explore the deployment map by place and type.

Current leadership (2)

Founders (1)

Safety record

No incidents on record for Midea Group.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

Midea Group in third-party press