BENTONG: Midea Scott and English Electronics Sdn Bhd (Midea Malaysia) is targeting RM1bil in sales this year to sustain its double-digit growth momentum as demand for energy-efficient appliances surges.
Managing director Mark Tam said the demand for energy-saving inverter air conditioners had significantly increased in the past year, from a low of 10% to over 50% of the country’s air conditioner market.
