HP, or Hewlett-Packard, is a major name in the computing and consumer technology industry. The company was founded in 1939 by Bill Hewlett and Dave Packard and now occupies a position as one of the largest companies of its kind, with a huge revenue surpassing $62.983B in 2022 – albeit a 0.79% fall from 2021
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What products does HP create?
The company’s product roster is wide-ranging in both the consumer and professional tech markets and includes:
HP is a huge name in the PC and laptop world, with models ranging from basic notebooks to high-end gaming and editing machines.
Along with its computers, the company is also a major producer of consumer and business hardware including monitors, keyboards, printers and scanners.
Ink and Toner
HP provides a wide range of ink and toner cartridges for their printers and scanners.
Who are HP’s competitors?
Like many companies, HP is no stranger to controversies, including the scandal around former CEO Mark Hurd who resigned in 2010. Hurd was accused of sexual harassment, and while the subsequent investigation found that he had not violated the company’s sexual harassment policy, he was forced to step down after it revealed a number of false expenses claims that broke HP’s code of business.
HP has also been criticised for its environmental policies, specifically the production of electronic waste. To protect its reputation, HP set targets to reduce its environmental impact, including a commitment to using 100% renewable energy by 2035 and a goal of a 75% reduction in single-use plastic in packaging by 2025.
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