HP Inc - Company Profile
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Business Description
HP Inc (HP) offers IT-related products, technologies, software solutions, and services. It offers products and services to individual consumers, small and medium-sized businesses (SMBs) and large enterprises, including customers in the government, healthcare, and education sectors.
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R&D Overview
HP R&D arm focuses on the design and development of products, services and solutions based on changing needs and desires, and emerging technological trends. The company also focuses on the development of new products in the fields of 3D printing, Microfluidics and Systems Technology, security, and digital manufacturing. HP Labs, together with various R&D groups within business segments, is responsible for R&D efforts. It operates technology offices in Bristol, the UK, Barcelona, Spain, and Corvallis, the US. As of October 2023, the company’s worldwide patent portfolio included over 23,000 patents. In FY2023, the company incurred expenses of US$1,578 million on R&D activities, which as a percentage of revenue, stood at 2.9%.
Business Segments
Overview
Comprises Hewlett-Packard Laboratories (HP Labs), and business incubation and investment projects.
Performance
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Overview
Offers commercial PCs, consumer PCs, workstations, thin client PCs, tablets, commercial mobility devices, displays, retail point-of-sale (POS) systems, and peripherals. Provides commercial notebooks, commercial desktops, commercial services, commercial tablets and mobility devices, commercial detachable, workstations, retail POS systems and thin clients into commercial clients and consumer notebooks, consumer desktops, consumer services and consumer detachable. Commercial and consumer PCs maintain the multi-operating system, and multi-architecture strategies using Google Chrome operating systems and Microsoft Windows, and use processors from Intel Corporation and Advanced Micro Devices, Inc. Also provides software and support services.
Performance
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Overview
Offers consumer and commercial printer hardware, supplies, media, software and services, and solutions. Provides 3D imaging solutions and graphics in the commercial and industrial markets. Delivers office printers, supplies, services, and solutions to SMBs and large enterprises. Provides large-format, commercial and industrial solutions to print service providers and packaging converters through the largest portfolio of printers and presses. Focused on business printing and expanding its footprint in the 3D printing marketplace.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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