It’s a process of using plastic injection molding to mold a part.Using the same tool,once the part has cooled,then a second material is molded over it. The two layers are either chemically or mechanically bonded to each other, creating a single part with two materials, two colors and textures. Usually, a harder material is overmolded with a softer one to create a grip or design well ,for example ,ABS is overmolded with TPE/TPU/TPV and so on...