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January 5, 2023updated 27 Jan 2023 2:47pm

What is HP?

A 77-year-old giant that has changed and split in two.

By Joao Lima

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

HP enterprise
Image: Shutterstock

What products does HP create?

The company’s product roster is wide-ranging in both the consumer and professional tech markets and includes:

Personal Computers

HP is a huge name in the PC and laptop world, with models ranging from basic notebooks to high-end gaming and editing machines.

Hardware

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.

Services

Beyond physical products, HP also provides services such as IT consulting, cloud computing, and remote support services to industry clients.

Who are HP’s competitors?

The consumer computing market is highly competitive. Companies like Dell, Lenovo and even Apple are in heated competition with HP, offering many of the same products at similar price points.

HP controversies

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.

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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.

The author generated this text in part with GPT-3, OpenAI’s large-scale language-generation model. Upon generating draft language, the author reviewed, edited, and revised the language to their own liking and takes ultimate responsibility for the content of this publication.

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