Midea named “Lighthouse Factory” by World Economic Forum
Foshan China 2020-09-22 09:04
Recently, the World Economic Forum released 10 new lighthouse factory members of its global lighthouse network, among which the Midea Group’s household air-conditioning factory located in Nansha, Guangzhou was selected.
  
  
Lighthouse factory, known as the beacon of the 4th Industrial Revolution, was evaluated by the World Economic Forum and McKinsey, a global leading management consulting company. As the models of “digital manufacturing” and “globalization 4.0”, all the enterprises and factories on the list have shown extraordinary leadership in the large-scale adoption of new technologies, and stood out with their reform of traditional production methods, the innovative design of the entire value chain, and the building of emerging business models with great potentials.
  
Facing the impacts brought by the COVID-19 epidemic, how to improve the sustainability, competitiveness and customers’ satisfaction in this difficult period is an issue concerned by the industry. The enterprises selected under this background have undoubtedly provided an example for the world to get rid of the epidemic crisis and gradually move towards. With 10 new lighthouse factories unveiled by the World Economic Forum this time, the “club” of global leading intelligent enterprises has expanded to 54 members by far.
  
  
As a new member of the global lighthouse network to “illuminate the next stage of the normalized development road of manufacturing industry”, Midea Group has shown its extraordinary intelligent manufacturing capacity to the world again. The World Economic Forum commented on Midea Group: facing the fierce competition in home appliance industry along with the rapid development and the increasing complexity of e-commerce, Midea Group has realized the transformation and upgrading from an automated factory to an end-to-end interconnected value chain through the 4th Industrial Revolution.
  
Guangzhou Nansha Household Air-conditioning Factory of Midea Group, a microcosm of Midea Group’s strategic transformation in the past 8 years, is also the achievement of Midea Group’s user-centered and data-driven operation connecting the entire value chain.
  
The trend of digital and intelligent transformation in manufacturing industry is irresistible. Midea Group, starts with manufacturing industry, will continue to promote the reform of “comprehensive digitization and intelligence”, and solidify the trinity strength of “software + hardware + manufacturing knowledge” in the future. When helping itself further grow into a global leading science and technology group, Midea Group will also help more pan-manufacturing enterprises to upgrade and transform, realizing the prospect of “making good use of science and technology and living a better life”.
  
(Annie)