XYZprinting officially opened their office in Thailand with plans to develop significant penetration into the country’s 3D printing market.
Simon Shen, CEO of New Kinpo Group and Chairman of XYZprinting Inc. said that XYZprinting plans to expand its global investment portfolio to take advantage of the growth of 3D printing. Accompanying the launch announcement the company unveiled its XYZ brand for Thai customers with various 3D printer models including da Vinci series, Nobel series, 3D food printer and 3D handheld scanner. XYZprinting reached a record 26% world market share in 2014 and achieved the world number one ranking as measured by sales volume in the first half of 2015.
XYZprinting is a subsidiary company of New Kinpo Group, an electronic manufacturing conglomerate that researches and develops a broad range of innovative products and services. New Kinpo Group, a sub-group of Kinpo Group, is a global electronic manufacturing services and original design manufacturing company. New Kinpo Group has also invested in Thailand through Cal-Comp Electronics (Thailand) Public Company Limited for over 25 years. Cal-Comp is the largest Electronics Manufacturing Services (EMS) Company in South East Asia to provide services as an OEM (Original Equipment Manufacturing) and ODM (Original Design Manufacturing) across variety of products for clients which are majority export to the market worldwide.
With the strong R&D and manufacturing capabilities of Cal-Comp Electronics (Thailand), XYZprinting opens the first South East Asia office in Thailand and is ready to rapidly expand the 3D printing market by providing the best quality products at affordable prices to consumers. Mr. Shen added that the Thai office opening builds upon XYZprinting’s strategic direction and commitment to foster further economic growth in Thailand. The launch of XYZprinting in Thailand will make it easier for consumers to access XYZprinting products.
“We are a global company that provides easy-to-use, cost-effective, innovative and meticulously designed 3D printing products and services to consumers, artists, small-to-midsized businesses, entrepreneurs and households around the world. We design and construct 3D models on internet platforms with the end product provided to a diverse array of users for application in their everyday lives. The global 3D printing market is nearly doubling in size every year. The 3D printer global market size is expected to reach around 500,000 units in 2016. We are committed to utilize our expertise in the industry with an innovative approach to offer the best product value and user experience to the world”, Mr. Shen said.