Trend of outsourcing product development of smart phone manufacturersIs expandingIn the context of increasing price competition, not only small manufacturers, but also large factories such as Samsung Electronics in South Korea have begun to use outsourcing models on low-cost models. In the first half of 2020, outsourced mobile phones accounted for more than a third of the global market. The form of outsourcing company is divided into design only
The design and specifications are provided by the smartphone manufacturer. After receiving the order, ODM is responsible for the design, parts procurement and production of mobile phones, and supplies them with the brand of customers. These businesses are mainly undertaken by Chinese enterprises. The top three enterprises OEM share more than 70%. As the largest Huaqin Technology Co., Ltd. received orders from Samsung, the supply volume in the first half of 2020 increased by 80% year on year.