The ODM model vertically integrates a series of links such as R&D, manufacturing, and supply chain to provide complete product products. Because the outsourcing volume is so concentrated, it effectively helps mobile phone suppliers share labor, procurement and R&D costs, while also ensuring good quality and progress. With the expansion of production capacity and order scale, Wingtech became the world's largest smartphone ODM manufacturer with . million mobile phone shipments in . The following year, it acquired Zhongyin Holdings and was listed on the Shenzhen Stock Exchange in , becoming the first listed ODM manufacturer in the Ashare market.
Counterpoint data shows that in , Huaqin Technology and Longcheer morocco phone number list Technology will have market shares of . and . respectively in the smartphone ODM market, while Wingtech Technology will rank third with a market share of ..
Although the market share always remains at the forefront, that is, the volume has increased, the characteristic of ODM with low profits has not changed, and it can only continue to expand its scale by horizontally extending product categories.
ODM connects upstream mobile phone components and downstream host manufacturers, and pays special attention to the three dimensions of quality, progress and cost from raw material procurement, assembly to delivery. The domestic smartphone market is very competitive, with quite a large number of new models released every year. ODM manufacturers are required to ensure a stable supply of production capacity and accurate prediction of supply chain inventory, because once electronic components are out of stock or raw materials rise in price, the cost will have to be borne by themselves.