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The company is primarily known for providing IT infrastructure solutions, personal computing and access devices, systems integration, service support and outsourcing services, as well as printing and imaging products.
Headquartered in Palo Alto, California, the company has now turned into a huge manufacturing plant. But once upon a time, the now-famous manufacturer literally started from scratch. The first production facility was in a garage. Incidentally, this garage was restored in 2004. It is a kind of museum.
HP Inc. was founded on January 1, 1939, by William Hewlett and David Packard, both graduates of Stanford University. Both men had graduate degrees in electronic engineering. The company name was created from the two last names of the participants. They decided which surname would come first by drawing lots.
The company manufactured testing and measuring instruments. And its first product was a precision low-frequency generator, the Model 200A. The novelty of this device was that it used a small incandescent lamp as a resistor in a critical part of the circuit. As a result, the price was reduced, and the company was able to drive out its competitors. After all, the Model 200A was selling for about four times the price of competitors' products. Incidentally, the first customer was Disney Studios, which bought eight models at a time.
The company, which now deals only in computer hardware and peripherals, used to deal in all kinds of electronic devices that had nothing to do with computers.
By the 1960s, the company had grown rapidly. The company employed several thousand people. Sales were in the hundreds of millions of dollars.НР is now just one of the players in the electronics market. It is a reputable company whose solutions are respected and known all over the planet. Today, HP is one of the largest manufacturers of server equipment, printers, scanners, desktops and laptops. It has established itself in the market of digital cameras, PDAs, communicators and especially calculators.