HP
HP invests some of its resources in utilizing 3D printing technology for conventional production, despite not being a company that specializes in 3D printing. It has made strides with its Multi Jet Fusion technology and built the first cutting-edge laboratory in the world to assist businesses in creating, testing, and delivering the newest 3D printing materials and applications.
With a 3D printing facility in Guangdong, China, HP is located in the middle of the US$12 trillion global manufacturing industry. This presence demonstrates HP's dedication to the 3D printing industry. Ford Motor Corporation (NYSE:F), General Motors (NYSE:GM), Nissan Motor (OTC Pink:NSANF,TSE:7201), and Volkswagen are all active partners with HP (OTC Pink:VLKAF,ETR:VOW3). A sustainable partnership between HP and Ford aims to reuse 3D-printed materials and transform them into automotive components.
HP's market cap as of March 2023 was $27.31 billion. By market cap, this places HP as the 627th most valuable company in the world. The most recent financial reports from HP indicate that the company's current revenue (TTM) is $59.78 billion. The company's sales in 2022, which were $62.98 billion, were down from its revenue in 2021, which was $63.48 billion.
Founded: January 1, 1939
Headquarters: Palo Alto, California, United States
Website: hp.com
