Returns are eating your margin. Maybe the last batch of TWS earbuds came back with dead batteries inside a month, or the Bluetooth dropped the second a phone went into a back pocket. Either way, you’re probably dealing with a trading company posing as a factory. It happens constantly. The True Wireless Stereo (TWS) market is projected to hit $150 billion by 2030, and the brands that capture that growth are the ones sourcing straight from real OEM producers. I’ve walked plenty of factory floors in Guangdong, and honestly, the gap between a genuine earbuds manufacturer in china
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