Hewlett-Packard Company (HPQ) To Start Building 3D Printers Next Year
Hewlett-Packard Company (NYSE:HPQ) is going to start building 3D printers next year, but it is unknown what type of product they are planning. Hewlett-Packard chief executive officer Meg Whitman made the announcement at the Canalys Channels Platform in Bangkok.
“We are excited about 3D printing,” stated Whitman in an interview with The Register. “We want to lead this business. HP Labs is looking at it.”
The future HP 3D printer will focus on speed and cost. “To print a bottle can take eight to ten hours. That’s all very interesting, but it is like watching ice melt,” said Whitman. Whitman acknowledged that she did not expect 3D printing to quickly become a big business.
The problem with 3D printers is that it takes a long time to print out objects. It can take an hour to print a product that is the size of a quarter. It can also take overnight to print out prototype parts for automobiles and rockets.