China faces real threat to its business model
Writing in his Daily Reckoning blogsite at www.dailyreckoning.com.au, investment analyst Kris Sayce says 3D printing is likely to pose a risk to China’s dominance as a manufacturing centre and to major household retailers such as Bunnings.
“The truth is that no one on Earth fully understands the potential for 3D printing. No one knows the theoretical or actual limitations for this game-changing technology either,” writes Sayce.
“Simply put, if 3D printing takes off as we expect, it could challenge the way many firms do business. Three-D printing has the potential to destroy China’s position as a global manufacturing powerhouse.”
He says the risk to China is that firms anywhere in the world can start printing the parts they need.
“No longer would you have to wait days or weeks for a part to be delivered; a local 3D printing store could print the item for you straight away.”