noun, noun which may take the genitive case particle 'no'
brand-new item; new article
Refers to a product that has never been used or opened, as opposed to second-hand. Commonly used in retail and everyday contexts.
このスマホは新品です。
This smartphone is brand new.
新品の服を買った。
I bought brand-new clothes.
Compound of 新 (new) and 品 (goods, article). The reading しんぴん is a straightforward on'yomi combination.