EE Times informs us that HP is planning to enter the 3D printer market in 2014. CEO Meg Whitman said the 3D printer market holds great promise for future growth, but stressed that the impact on HP's bottom line will be modest for some time.
The computer and printer company aims to release consumer and industrial-grade 3D printers in 2014, leveraging its massive paper printing business. But chief executive Meg Whitman, who first discussed the plan late last month, said on the call that the impact on the still-struggling corporation's bottom line will be modest for some time.
"This is an acorn in 2014 and 2015 with very good long potential," Whitman said. "There's a lot of potential to print in ways most consumers and companies would find acceptable," and 3D printers use "some of the same technologies" as HP's paper printer group.