Every network interface has a MAC address – a 48-bit hardware identifier assigned at the factory. The first three bytes form the OUI (Organizationally Unique Identifier) and identify the manufacturer of the network chip. The IEEE assigns these blocks to companies worldwide.
This lookup matches the OUI against the official IEEE database and shows you the corresponding vendor. It also detects whether the address is global (vendor-assigned) or locally administered – the latter happens, for example, with the MAC randomisation of modern smartphones, which use random addresses for privacy reasons.