As one of China's leading electronics manufacturers, Midea Group's R&D expenditure reached almost 14.6 billion yuan in 2023 which accounted for almost one-fifth of all of the group's annual expenses. In total, the corporation employed over 23 thousand research and development personnel.
Research and development expenses of Midea Group from 2016 to 2023
(in billion yuan)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Midea. (March 27, 2024). Research and development expenses of Midea Group from 2016 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved January 26, 2025, from https://www.statista.com/statistics/1358786/midea-group-research-and-development-expenses/?__sso_cookie_checker=failed
Midea. "Research and development expenses of Midea Group from 2016 to 2023 (in billion yuan)." Chart. March 27, 2024. Statista. Accessed January 26, 2025. https://www.statista.com/statistics/1358786/midea-group-research-and-development-expenses/?__sso_cookie_checker=failed
Midea. (2024). Research and development expenses of Midea Group from 2016 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: January 26, 2025. https://www.statista.com/statistics/1358786/midea-group-research-and-development-expenses/?__sso_cookie_checker=failed
Midea. "Research and Development Expenses of Midea Group from 2016 to 2023 (in Billion Yuan)." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1358786/midea-group-research-and-development-expenses/?__sso_cookie_checker=failed
Midea, Research and development expenses of Midea Group from 2016 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1358786/midea-group-research-and-development-expenses/?__sso_cookie_checker=failed (last visited January 26, 2025)
Research and development expenses of Midea Group from 2016 to 2023 (in billion yuan) [Graph], Midea, March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1358786/midea-group-research-and-development-expenses/?__sso_cookie_checker=failed
