Oems Definition
An OEM is a company that produces parts and equipment that may be used in another company’s products.
OEMs are often original equipment manufacturers, but not always. For example, Foxconn is an OEM for Apple, but it also makes parts for other companies. Sometimes an OEM manufactures products for a specific customer under that customer’s brand name; this is known as private labeling.
OEMs can be found in many industries, from electronics to automotive to medical devices.
