HP set to enter 3D printing sector
CEO Whitman promises shareholders an announcement within weeks
HP is set to outline plans for entry into the 3D printer market, saying it had resolved a number of technical issues that had hampered any serious offerings, Reuters reported.
Chief executive Meg Whitman this week promised shareholders a "big technology announcement" within weeks regarding the rapidly growing niche sector.
Whitman cited problems with the durability of finished procucts stemming from the quality of the substrate materials used in the “printing” process.
"We actually think we've solved these problems," Whitman told an annual shareholders meeting, predicting that most 3D-printing business would be found “in the enterprise space", where the devices could be used to create rapid prototypes.
HP has estimated that global sales of 3D printers and supporting software and services will grow to nearly $11bn by 2021 from $2.2bn in 2012.