Midea 美的

Milestones

• 2026-05KUKA's industrial automation business passes 5 billion euros in revenue, the largest in its history.
• 2025-04Retains the world's #1 home appliance position by volume with 530 million units shipped in 2024.
• 2024-09KUKA crosses 100,000 industrial robots shipped in a single year, becoming Europe's largest industrial robot maker by units.
• 2023-05Midea Group reorganizes into five business groups including Smart Home, Industrial Technology, and Building Technologies.
• 2022-06KUKA ships its first industrial robot to a Chinese auto manufacturer from the new Shanghai factory.
• 2021Midea becomes the world's largest home appliance maker by volume, surpassing Haier.
• 2016Midea acquires KUKA, the German industrial robotics maker, for over 4 billion euros.
• 2013Midea acquires a 12.5 percent stake in Xiaomi in a strategic cross-shareholding.
• 2007Begins its first major overseas acquisitions with the purchase of Chinese-listed carrier Hualing.
• 1992Founder He Xiangjian reorganizes the company into a joint-stock enterprise.
• 1980Enters the home appliance market with electric fans under the Midea brand.
• 1968Founded in Foshan as a maker of plastic bottle caps.