Full FormOriginal Equipment Manufacturer
Full NameOriginal Equipment Manufacturer
UsageRefers to a company that produces components or products that are used by another company in its end product
FunctionDesigns, manufactures, and sells products or components to be marketed by another company
RolePlays a crucial role in the supply chain, providing essential parts or products to other manufacturers
ExamplesCompanies like Intel, Samsung, Foxconn, supplying components to companies like Dell, Apple, HP
CustomizationOften offers customization options or white-label products
Economic ImpactSignificant contributor to various industries, including automotive, electronics, and manufacturing
Quality ControlMust adhere to strict quality standards to maintain reputation and business relationships
RelationshipsEstablishes partnerships and contracts with downstream companies to supply components or products
Global PresenceOperates on a global scale, with manufacturing facilities and distribution networks worldwide