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Importance Of Knowing The Full Form Of OEM
OEM Full Form is an Original Equipment Manufacturer. It is a term used in the business world to refer to the maker of a product sold to consumers.
OEM in Recent Times
OEMs have been in the news lately, and not always for the right reasons. Many people see OEMs as a necessary evil for keeping the cost of electronic devices down but not always providing the best user experience.
In the past year, several stories about OEMs have not made the news very positive. For example, in early 2016, the FBI requested that Apple create a backdoor into the iPhone of one of the San Bernardino shooters, to access the data on the phone. Apple refused to create the backdoor, stating that it would set a dangerous precedent and compromise the security of all iPhone users. The standoff between the FBI and Apple made headlines around the world and was seen by many as a showdown between privacy and security.
In September 2017, Google announced that it was releasing the Pixel 2, its newest smartphone. The Pixel 2 was designed and manufactured by Google, in contrast to the first Pixel, which was designed by Google but manufactured by HTC. The Pixel 2 has been met with mixed reviews, with some reviewers praising its design and features and others criticizing its high price tag and lack of innovation.
While Google’s decision to manufacture the Pixel 2 itself was not met with universal acclaim, it is still a significant move by the company. Google has long been known as a software company, and the Pixel 2 is its first attempt at making a phone that competes with the likes
Benefits of Being Associated with an Original Equipment Manufacturer
There are a number of benefits to being associated with an original equipment manufacturer. Some key benefits include:
- OEMs often have a better understanding of the product and the manufacturing process than third-party suppliers. This can give your company a competitive edge as you can rely on the OEM for support and advice.
- OEMs have a large network of suppliers and contacts. This can benefit your company as you can access these resources to help you with your business operations.
- OEMs often have a higher level of quality control than third-party suppliers. This can ensure that your products are of high quality and meet your customers’ expectations.
- OEMs often better understand the needs of customers and the market. This can help your company develop products that are in demand, which will be successful in the market.
FAQS on OEM
Are OEMs always cheaper?
Not always, but typically OEMs are cheaper because they source components and materials at a lower cost due to their larger scale. Additionally, OEMs often have more efficient production processes and can pass on these cost savings to customers.
What is OEM?
OEM stands for Original Equipment Manufacturer. It is a term used to describe the company that originally manufactured a product.
