Shares of 3D Systems Corporation spiked following a Bloomberg report indicating that Apple is exploring 3D printing for its future smartwatches. Apple is reportedly testing binder jetting, a 3D printing method, to produce steel chassis for its upcoming Watch Series 9. This move could expedite production and reduce material waste, ultimately lowering costs.
Upon the news, 3D Systems’ shares rose 2.04% to $6.26, while Apple’s stock increased by 1.85% to $187.52, suggesting market anticipation for a transformative tech and investment landscape. This development has been in the works for at least three years, and while the initial costs are substantial, Apple sees the long-term promise.
Apple is testing binder jetting, a 3D printing technique, to create the steel chassis for its forthcoming smartwatches. This innovation is poised to be a game-changer, potentially bypassing the need to cut large metal slabs, thus accelerating production timelines and minimizing material wastage. The streamlined supply chain can significantly optimize costs over the long term.
The transition to 3D printing presents scalability challenges and upfront costs. Yet, if successful, Apple plans to extend this approach across its product line, marking a potentially significant shift for both companies.
The adoption of 3D printing by Apple could redefine manufacturing standards and influence the broader tech industry. As the partnership between 3D Systems and Apple nears fruition, it signifies more than just business collaboration; it represents the merger of groundbreaking technology with sustainable practices, carrying broad implications for the tech sector.
In a market where innovation is currency, Apple’s exploration of 3D printing could set new benchmarks for manufacturing efficiency and sustainable material usage. The successful integration of 3D printing technologies into its production line could ripple through the entire tech ecosystem, influencing how other giants approach manufacturing.