the company that builds parts or subsystems which are used in another company’s end products.

An original equipment manufacturer is a business that creates components and parts which will be marketed by a different manufacturer.

Among the basic examples is that the relationship between a cellphone manufacturer and a manufacturer of cellphone parts. A wide selection of OEMs makes parts like CPUs, Camera lenses, or screens. The OEM parts are then sold to a cellphone manufacturer, which then assembles them into their devices. The finished phone is subsequently marketed to mobile phone dealers to be offered to individual consumers.