entrusted development; contract development
Business term for developing a product or system on behalf of a client under a contract.
Our company undertakes contract development for major manufacturers.
original equipment manufacturer; OEM
Refers to a company that produces goods under another company's brand; often used in IT and manufacturing contexts.
This product is an OEM item made through contract manufacturing.
The English abbreviation is often used in Japanese business contexts alongside 受託開発, but 受託開発 emphasizes the contractual development aspect.
Similar meaning, but 委託開発 can imply a broader delegation of development work, while 受託開発 focuses on the receiving side of the contract.
Compound of 受託 (entrusted, contracted) and 開発 (development). The term is a modern business coinage with no deeper historical derivation.