You mentioned something of the sort a couple of years ago, except naming Midea specifically: Window type aircon (inverter)
Doing some search, several Reddit and Quora threads popped up talking around this topic.
I think major brands now are rebadging Midea and/or Gree units for their smaller residential and SMB product offerings (ductless splits and window ACs) because it doesn't make sense for them to continue R&D when their cheap Chinese competitors are flooding the market. If you can't beat 'em....
That said, it seems that they still continue to design and innovate on their larger core HVAC systems, in-house.
Kinda like how Toyota rebadged Daihatsu units to capture a specific market segment, before they bought the company altogether.





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