HP Inc. has set the stage for its ambitious plans to seize market share in the A3 copier/MFP market. On the back of its announcement to acquire Samsung’s printer business in a transaction valued at $1.05 billion, it launched its new A3 multifunction printers (MFP) portfolio to much fanfare at its Global Partner Conference in Boston on 12th September.
Following its split into separate businesses, HP is pinning its hopes on 3D printing. By exploiting its PageWide array technology with the impending 2016 release of its first commercial, full colour, multi-jet fusion 3D printer, is HP poised to reshape this nascent market?
The circular economy is fast gaining ground as the latest buzzword in sustainability, bringing together emerging practices such as collaborative consumption and traditional concepts such as recycling and remanufacturing. The circular economy aims to eradicate waste, departing from the linear “take, make and dispose” model and its reliance on infinite natural resources and energy. According to McKinsey, each year around 80% of the $3.2 trillion worth of materials used in consumer goods are not recovered.