OEM Service Offered, Design Service Offered, Buyer Label Offered.
OEM and ODM are common abbreviations in manufacturing. OEM stands for Original Equipment Manufacturer and ODM stands for Original Design Manufacturer. Although many people often confuse the two terms and use them interchangeably, they certainly don't mean the same thing.An ODM, or "Original Design Manufacturer", is a company that designs, develops, manufactures and sells its own products. OEM is often referred to as a service, while ODM is referred to as a product.
OEM refers to a product made specifically for the original product, while aftermarket refers to a device made by another company that consumers can use as a replacement.The main benefit that an OEM product offers is its price. OEM products greatly reduce production costs due to economies of scale. Additionally, companies that buy these products can use them to build systems without running their own factories.
Research and Development (R&D) includes activities that companies undertake to innovate and introduce new products and services. This is usually the first stage of the development process. The goal is usually to bring new products and services to market that increase the company's profits.
Research and Development (R&D) is an invaluable tool for growing and improving a business. R&D involves studying your market and customer needs and developing new and improved products and services to meet those needs.
Three types of R&D are considered under the term "R&D": basic research, applied research and experimental development.
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Contact Person: Leo Wang
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