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Electronics Production |
3D Pioneer Signs MOU With Chinese manufacturer
3D Pioneer Systems has signed a non-binding memorandum of understanding ("MOU") with Magic Firm, a private technology manufacturing company based in Hangzhou, China.
The goal of the MOU is the collaboration on the development and initial production run of 3D Pioneer's 3D printers and related accessory hardware.
3D Pioneer President, Alexander Tsingos commented, "This relationship leverages Magic Firm's practical knowledge of 3D printer manufacturing and cost-effective assembly capabilities that can be carried out overseas with the objective of becoming the market leader in this rapidly growing sector and with this MOU we are in a good position to start our negotiations to achieve that goal."
