ODM Landscape Set to Change as Wingtech Added to US Sanction List

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Jan 17, 2025

Overview: Shanghai-based Wingtech Technology Co (Wingtech) was added to the US Bureau of Industry and Security’s (BIS) latest ‘Entity List’ released in December 2024. The Entity List is a US government compilation of foreign organizations deemed as a concern to national security, subjecting them to certain export restrictions and licensing requirements. Currently, we expect Wingtech's ODM business to be significantly hurt by this sanction.

Table of Contents:
•    Executive summary
•    Company Background
•    Wingtech’s Recent Business Performance
•    Analyst and Sanction-related Take
•    Smartphone ODM Outlook

Number of Pages: 7
Published Date: January 2025

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Category

Industry

Smartphone

Report Type

Report

Time period

Other

Summary

Published

Jan 17, 2025

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Author

Ivan Lam

Ivan is a Senior Research Analyst at Counterpoint Research, based in Hong Kong. Ivan has more than 15 years of experience with a major focus on mobile and network devices. He had spent years in southeast Asia markets associated with business development, brand management, and channel management. Besides the expertise in Southeast Asia, he’s also well connected with ODM and OEM sectors. Prior to joining Counterpoint Research, Ivan served TCL Communications, KaiOS Technology Inc., Wiko Mobile, mainly leading business development, Go-to-Market, and strategic planning. Ivan holds a Master's degree in Business Administration from Hong Kong University of Science and Technology.