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What is OEM? Please give an example.
OEM production, that is, OEM production, also known as fixed-point production, commonly known as OEM, basically means that brand manufacturers do not directly produce products, but use their own key core technologies to design and develop new products and control sales channels.

Specifically, OEM (original equipment manufacturer) is an original equipment manufacturer, ODM (original design manufacturer) is an original design manufacturer, and OBM (original brand manufacturer) is an original brand manufacturer. Party A takes a fancy to Party B's production capacity and allows Party B to produce products designed by Party A and use Party A's trademark.

OEM is the abbreviation of English original equipment manufacturer. Literally, it should be translated into original equipment manufacturer, which means that one manufacturer produces products and product accessories for another manufacturer according to its requirements. Also called OEM or authorized OEM. It can represent outsourcing or subcontracting.

Domestic customs are called cooperative production and tripartite processing, commonly known as processing trade. First popular in developed countries such as Europe and America, it is a game rule for international companies to find their own comparative advantages, which can reduce production costs and increase brand added value. This mode of production is quite popular in domestic household appliances industry, such as TCL authorizing Suzhou Samsung's washing machine and Changhong authorizing Ningbo Sheng Di's washing machine.

For Party B, this is called OEM; ; Party A's technology and design are favored by Party B, and Party B introduces production and labels it with Party B. For Party A, this is called ODM;; A creates its own brand A, and B produces and sells the products of brand A. First of all, it is called OBM.