Kinpo Group ventures into 3D printing
By Ted Chen, The China PostTAIPEI, Taiwan -- Business conglomerate the Kinpo Group (金仁寶集團) is poised to launch a venture into the three-dimensional printing industry, announcing that it will unveil a 3D printer next Monday.
August 23, 2013, 12:01 am TWN
A line of 3D printers will be released by the conglomerate's companies Kinpo Electronics (金寶), and Cal-Comp (泰金寶), with its telecoms arm VIBO (威寶) tasked with promoting the effort through the installation of in-store displays throughout its numerous retail and service outlets.
The products will be launched by a subsidiary of the Kinpo conglomerate next Monday.
As longtime suppliers for Hewlett Packard, Kinpo Electronics and Cal-Comp hope to leverage their experience in the conventional printer-making industry, and seek new opportunities with potential 3D printing clients such 3D Systems and Stratasys.
Meanwhile, in response to market scrutiny over VIBO's decision to forgo bidding for a license to operate the upcoming fourth-generation (4G) mobile broadband network, the company stated that it places priority in better serving its user base over expansionary efforts. The company also indicated that it is open to prospects of collaborating with suitable partners in the pursuit of 4G, and that it is does not rule out a possible acquisition or merger bid with other telecoms carriers.
VIBO President George Chou (周鐘麒) stated that the company currently has a user base exceeding 1 million subscribers and lists over 7,000 signal towers among its assets, representing a stellar option for collaboration with other peers of the industry. Chou stated that the telecoms industry is one that requires tremendous capital and economies of scale, and that collaboration is vital for smaller-scaled operators. “We have recorded a loss for the past eight consecutive years, paving the way for our new partners to turn a profit much sooner,” said Chou.
According to the company's latest disclosure, ownership of VIBO is poised to be transferred to Compal (仁寶), and Kinpo, with each taking on about 166 million VIBO shares. Compal will hold a 46.30-percent stake in VIBO, with Kinpo holding a 47.98-percent share.