ODM
ODM stands for Original Design Manufacturer and refers to a
company that both designs and manufactures products. The products are then
distributed and resold under another company's brand.
OEM
OEM stands for Original Equipment Manufacturer and refers to
a company that builds a product based on the instructions and specifications of
a third party. The third party buys the product upon completion and sells it
under its own brand.
Difference
The primary difference between ODM and OEM is that ODM
companies are entirely responsible for the designs of their products. OEMs, on
the other hand, can be thought of as contracted manufacturers, hired to carry
out another company's plans.