Is it OEM

[Edit this paragraph] What is OEM

OEM production, that is, OEM production, also known as OEM production, commonly known as "OEM" Brand", because its English expression is Original Equipment/Entrusted Manufacture (translated as original equipment manufacturer or origin commissioned processing), it is abbreviated as OEM. The basic meaning is that brand producers do not directly produce products, but use the key core technologies they have mastered to design and develop new products, control sales channels, and entrust specific processing tasks to other manufacturers of similar products through contract ordering. Afterwards, the ordered products will be bought out at a low price and directly labeled with their own brand trademarks. This cooperation method of entrusting others to produce is referred to as OEM. The manufacturer that undertakes the processing task is called an OEM manufacturer, and the products it produces are called OEM products. It can be seen that OEM production belongs to the "OEM production" method in processing trade, and in international trade it is the export of labor services using commodities as the carrier.

The characteristics of OEM are: technology is outside, capital is outside, market is outside, only production is inside.