The Core Cost Components
A full OEM quote typically breaks down into tooling/mold cost, component and BOM cost, assembly labor, QC and testing, and packaging — buyers comparing quotes should request this breakdown rather than a single bundled number.
Where Engineering Time Gets Priced In
Custom firmware or app development is sometimes quoted as a separate engineering fee rather than folded into unit price, particularly for lower-volume custom projects where engineering cost can’t be amortized as easily across units.