Sindoh
Former manufacturer of desktop FFF 3D printers; suspended 3D printing business in 2023 to focus on core office equipment (MFP/printer) operations
- CEO / Founder
- Seo Dong-kyu
- Stage
- Defunct
- Total Funding
- Undisclosed
- Latest Round
- IPO
- Key Investors
- VIP Research & Management Inc.; Ricoh Company, Ltd.; Ji-won Woo
Technology & Products
Key Products
Multi-function printers (MFP), printers, office solutions (MPS, OffiX, Cloud MPS); 3D printer business suspended in 2023
Technological Advantage
Simplified user interface, enclosed design for safety, proven reliability in institutional deployments
Differentiation
Value Proposition
Office equipment and MFP solutions for business environments; 3D printing business suspended in 2023
How They Differentiate
Focus on user accessibility and institutional reliability versus hobbyist/maker-oriented competitors
Market & Competition
Target Customers
Educational institutions, offices, small businesses, maker communities
Industry Verticals
Education, Office Technology, Consumer Electronics
Competitors
Prusa Research (Prusa i3), Formlabs (Form 3B), Creality (Ender series)
Growth & Milestones
Growth Metrics
Revenue: $276.8 million; Employees: 302 (ZoomInfo); 292 (Marketscreener); Main markets: Korea for 2D printers; US/Europe for 3D printers
Major Milestones
1960: Corporate establishment as Sindoh Trading Co., Ltd.; 1969: Name changed to Sindoh Co., Ltd. via Ricoh partnership; 1971: Completed headquarters in Seongsu-dong, Seoul; 1983: Completed Asian Factory; 1996: Established Research & Development Center; 2003: Launched Sindoh Malaysia; established factory in Hanoi, Vietnam; 2008: Went public on Korean Stock Exchange; 2015: Ranked 1st in Korean Brand Power Index for 3D Printers; 2016: Announced global brand SINDOH (new corporate identity); 2019: Launched Sindoh Europe; 2021: Launched 3D printers in global market