XYZprinting Inc. (三緯國際) will be bringing its da Vinci 2.0 3D printer to Taiwan mid-April, the first part of a global roll-out focused on conquering the low-cost 3D printing market

April shipping date set for ‘da Vinci’ 3D printer

March 4, 2014, 12:13 am TWN

TAIPEI, Taiwan — XYZprinting Inc. (三緯國際) will be bringing its da Vinci 2.0 3D printer to Taiwan mid-April, the first part of a global roll-out focused on conquering the low-cost 3D printing market, a company executive said Monday.

At just US$649, the second-generation da Vinci printer is headed for store shelves in the United States, China, Japan and Europe in the second quarter of the year, when the Taiwanese firm plans to add a new production line for its entry-level 3D printers, said Gary Shu, senior manager of market development division at XYZprinting.

“Our current production capacity cannot keep up with strong customer demand,” Shu told CNA on the sidelines of the International Symposium on Additive Manufacturing, held at National Taiwan University of Science and Technology in Taipei.

Shu said that with a new production line, the company will be able to roll out 10,000 3D printers each month.

In the meantime, it is working on ways to apply the 3D printers in local schools and universities and developing models that print on new materials rather than the commonly-used Acrylonitrile Butadiene Styrene (ABS) plastic, Shu said.

The da Vinci 2.0 comes with a smaller build volume of about 6 by 7.8 by 7.8 inches compared with its predecessor. But the device has two extruders, meaning it can print in two different colors at once.

XYZprinting, a joint venture between two subsidiaries of local electronics conglomerate Kinpo Group, has set its global sales target at 100,000 printers in 2014 and 1 million over the next three years.

The company’s entry-level da Vinci 1.0, impressed the public and judges at this year’s Consumer Electronics Show in Las Vegas, where it earned an Editor’s Choice Award from Reviewed.com thanks to its US$499 price tag.

Judges praised the da Vinci 1.0 as an “affordable and approachable 3D printing” device, comparing it to products from other brands that use the same fused filament fabrication (FFF) technology but generally cost over US$1,400.

3D printing is the automated process of making a three-dimensional solid object of virtually any shape based on a digital model. The technology promises big changes in the design, prototyping and manufacturing processes in a wide range of industries.

 

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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