The Hewlett-Packard Company (), commonly known as HP, is one of the world's largest information technology corporations. Headquartered in Palo Alto, California, United States, it has a global presence in the fields of computing, printing, and digital imaging, and also sells software and services.
The company earned global respect for a variety of products. They introduced the world's first handheld scientific electronic calculator in 1972 (the HP-35), the first handheld programmable in 1974 (the HP-65), the first alphanumeric, programmable, expandable in 1979 (the HP-41C), and the first symbolic and graphing calculator HP-28C. Like their scientific and business calculators, their oscilloscopes, logic analyzers, and other measurement instruments have a reputation for sturdiness and usability (the latter products are now part of spin-off Agilent's product line). The company's design philosophy in this period was summarized as "design for the guy at the next bench".
HP is recognized as the symbolic founder of Silicon Valley, although it did not actively investigate semiconductor devices until a few years after the "Traitorous Eight" had abandoned William Shockley to create Fairchild Semiconductor in 1957. Hewlett-Packard's HP Associates division, established around 1960, developed semiconductor devices primarily for internal use. Instruments and calculators were some of the products using these devices.
In the 1990s, HP expanded their computer product line, which initially had been targeted at university, research, and business customers, to reach consumers. HP also grew through acquisitions, buying Apollo Computer in 1989, Convex Computer in 1995, and Compaq in 2002. Compaq itself had bought Tandem Computers in 1997 (which had been started by ex-HP employees), and Digital Equipment Corporation in 1998. Following this strategy HP became a major player in desktops, laptops, and servers for many different markets. The buyout made HP the world's largest manufacturer of personal computers.
In 1987, the Palo Alto garage where Hewlett and Packard started their business was designated as a California State historical landmark. However, Agilent Technologies, not HP, bears the legacy of the original company founded in 1939, as evidenced by Agilent's portfolio of electronic instruments descended from HP's earliest products. Agilent was spun off from HP in 1999.
HPshopping.com was launched in 1998 as HP's direct-to-consumer e-commerce store, and in 1999 became incorporated as a wholly owned subsidiary. In 2002, Compaq's direct-to-consumer e-commerce store, CompaqAtHome, joined hpshopping.com, creating a comprehensive, one-stop, on-line store for HP and Compaq home and home-office products.
Many long-time HP calculator users were surprised and disappointed when HP announced in March 2002 that the company would no longer manufacture financial and scientific calculators – a product line and, indeed, a market, that HP had started thirty years before. The decision was especially hard to fathom in light of the HP-48 graphing calculator range's success. However, despite its spring 2002 press release stating the opposite, the company nevertheless returned to the market during the fall of 2003 with several new models (flagship: HP-49g+) competing against similar offerings from competitor Texas Instruments. The extremely popular HP-12C financial calculator, introduced in 1981, still remains in production today.
Manufacturing
During the Iran-Iraq war, HP was among the companies shipping militarily useful technology to Iraq through its Ohio branch according to the Financial Times *.
Hewlett-Packard also works extensively with Microsoft and uses technology from most major software and hardware vendors.
Other HP products/technologies include:
HP has a successful line of printers, scanners, digital cameras, calculators, PDAs, servers, workstations, and home-small business computers. Until recently HP even offered a re-branded version of Apple's famous iPod. HP today promotes itself as not just being a hardware and software company, but also one that offers a full range of services to architect, implement and support today's IT infrastructure.
In 2003, HP had 140,000 employees world wide. From July 1999 to February 9, 2005, the chairman and CEO was Carly Fiorina, the first woman ever to serve as CEO of a company included in the Dow Jones Industrial Average. Amid controversy over her performance and threats of reductions in her responsibilities by the HP Board of Directors, Fiorina was eventually forced to resign. The current non-executive chairman is Patricia C. Dunn. She was given this responsibility in February 2005 after Ms. Fiorina left the company. Unlike previous CEOs, Mark Hurd the new CEO of HP does not hold the position of Chairman.
Under HP's current restructuring program, HP began reducing its workforce to lower its costs. By 2006, HP experienced a record profit of $1.5 billion in just one quarter.
Hewlett-Packard is also involved in the NEPAD e-school program to provide all schools in Africa with computers and internet access.
Greenpeace's criticism of the technology industry is not limited exclusively to HP, as competitors such as Dell and Apple have also come under fire for alleged similar practices.
Major competitors of HP in the server business include:
Major competitors of HP in the printer business include:
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