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