The full form of HP is Hewlett-Packard. The Hewlett Packard Company is a revolutionary company based in the USA. HP is famous for its electronic products like laptops, printers, and scanners.
More About HP
- The company got its name from its founders, Bill Hewlett and David Packard. The duo started this business in a garage in Palo Alto.
- Initially, the company made electronic testing and measurement equipment. Slowly, it expanded its operations worldwide. HP went public in 1957 and had over 200 employees at that time.
- In 1999, the company shifted its focus to manufacturing computers and printers. In 2007, it was known as the world's leading personal computer manufacturing company.
- When laptops came into the picture, the company started manufacturing those as well.
- The business was split into two companies in 2015- Hewlett Packard Enterprise and HP Inc. HPE looks after the industry related to servers, storage, and networking. HP Inc. manufactures and markets electronic products like laptops.
- Mr. Enrique Lores has been the CEO of HP since 2019. He joined the company for an internship in 1989.
- Currently, Hewlett-Packard is doing business all over the world. It is a leading brand selling computers, laptops, printers, etc.
- It has become a Fortune 100 company, operating in more than 170 countries in different parts of the world.
- As per the list of Fortune 500 companies in 2023, HP Inc. was ranked 63rd based on its total revenue. It is also a part of the reputed S&P 500 Index.