ZTE looks like it’s getting a chance to resurrect its business, thanks to help from the highest office in the United States. Last week, the China telecom giant announced that it had to cease business activities because of US sanctions on critical components.
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China to surpass the US in 3D printer market
China is set to overtake the US to become the biggest 3D printer market this year.
3D printer shipments in the China market passed 34,000 units in 2014, and is expected to reach 77,000 units in 2015, a growth rate over 120 percent, according to IDC.
This growth rate is largely driven by sales of desktop 3D printers priced under US$5,000. As the Chinese government continue to promote 3D printer awareness and usage within schools and educational institutions, the desktop 3D printer market is expected to maintain an annual growth trend in the coming years.
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