Full Name | Original Equipment Manufacturer |
Usage | Refers to a company that produces components or products that are used by another company in its end product |
Function | Designs, manufactures, and sells products or components to be marketed by another company |
Role | Plays a crucial role in the supply chain, providing essential parts or products to other manufacturers |
Examples | Companies like Intel, Samsung, Foxconn, supplying components to companies like Dell, Apple, HP |
Customization | Often offers customization options or white-label products |
Economic Impact | Significant contributor to various industries, including automotive, electronics, and manufacturing |
Quality Control | Must adhere to strict quality standards to maintain reputation and business relationships |
Relationships | Establishes partnerships and contracts with downstream companies to supply components or products |
Global Presence | Operates on a global scale, with manufacturing facilities and distribution networks worldwide |