CatalogCompany ProfileDevelopment HistoryCorporate CultureManagement ApproachLeadership TeamManagement AdjustmentsHewlett Packard Labs
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EditorialCompany Profile
HP*** Same founders David Packard and William Hewlett
HP derives its company name from the surnames of Hewlett-Packard's two founders, determined by a coin flip.In 1939, in a cramped garage at 367 Edison Avenue in Palo Alto, California, two young inventors, Bill Hewlett and David Packard (David Packard), with only 538 dollars on hand, with a bright vision of the future development of technology and the passion for invention created HP, began the road of innovation in Silicon Valley. The garage where HP started its business has now been named by the U.S. government as the birthplace of Silicon Valley.
Hewlett-Packard Development Company, L.P. (HP) (NYSE: HPQ), located in Palo Alto, California, is a global information technology company focused on printers, digital imaging, software, computers and information services. In 2002, it acquired Compaq Computer, a leading U.S. computer company (the acquisition was announced on September 4, 2001 and completed on May 3, 2002).
In order to better serve its customers and continue to develop new markets, HP invests $4 billion annually in research and development to develop products, solutions, and new technologies. HP invents, designs, and delivers technology solutions that drive business value, create social value, and improve the lives of its customers, and is a leading innovator in the fields of UNIX servers, Linux servers, Windows servers, disk storage systems, storage systems, and storage solutions. servers, disk storage systems, storage area network (SAN) systems, external RAID storage systems, workstations, desktops, laptops, handhelds, inkjet printers, laser printers, and many other market segments. HP is currently focusing on growth in the areas of cloud computing, device connectivity, and software services.
Hewlett-Packard China Ltd. is headquartered in Beijing, with branches in Shanghai, Guangzhou, Shenyang, Nanjing, Xi'an, Wuhan, Chengdu and Shenzhen. Among them, there is an HP global call center in Dalian, China, and HP China has a manufacturing plant in Chongqing. Editorial History Founding
HP was founded in 1939 by Bill Hewlett and Dave Packard. The company was built in a garage in Palo
Alto, and its first product was the Audio Oscillator, an electronic test instrument used by sound engineers.HP's first customer was Walt Disney
Studios, which bought eight of HP's Audio Oscillators to develop the classic movie "Fantasia". Fantasia" to develop and test an innovative sound system.
Hewlett-Packard's birthplace, the garage
In 1934, Dave Packard and Bill Hewlett, fresh out of Stanford University's electrical engineering department, went on a two-week fishing camping trip in the Colorado mountains. They became close friends because they agreed with each other on many things. Bill went on to graduate school at Stanford and MIT, while David got a job at General Electric. Encouraged and supported by Stanford professor and mentor Fred Terman, the two decided to start their own company and "run it themselves".
In 1938, Mr. and Mrs. David moved to 376 Addision Street in Palo Alto, California. Bill Hewlett rented a cabin right behind this house. Bill and David used $538 as working capital and spent their spare time
working in the garage. Bill used his research project, Negative Feedback, to develop the first Hewlett-Packard product: a resistive acoustic oscillator (HP200A), an electronic instrument for testing audio equipment. The oscillator
The use of incandescent lamps as an electrical component in the electrical wiring diagram to provide variable impedance, which is a breakthrough in the design of the oscillator using the principle of feedback, and then produced several other early HP products, such as harmonic
Analyzer and a variety of distortion analyzers. Walt Disney Pictures orders eight oscillators (HP 200B) for the production of the movie Fantasia.
Partnership formed Jan. 1, 1939; duo flips a coin to decide company name. Development 1940s-50s
Soon after their debut, the partnership's products become popular in the engineering and scientific communities. Bill and David contracted with sales agents to place their best-selling products on the market throughout the United States. With the outbreak of World War II, orders from the U.S. government for electronic instruments danced like snowflakes. Hewlett-Packard added new products and built its first company building.
1940 The company moves from its garage to a leased building at Page Mill Road and EI Camino Real in Palo Alto. The company pays its first bonus to employees - a $5 Christmas bonus. Later, it became a production bonus and then an internal profit-sharing program. Net income: $34,000; employees: 3; product lines: 8.
1942 Hewlett-Packard builds its first building (known as the Redwood Building), a 10,000-square-foot office, laboratory, and factory at 395 Page Mill Road in Palo Alto. It was chosen with the idea of converting the building into a grocery store if the electronics industry took a downturn.
1943 Hewlett-Packard enters the field of microwave technology by developing signal generators and radar jammers for the Naval Research Laboratory. During World War II, Hewlett-Packard was recognized as a leader in the signal generator industry for its complete line of microwave test products.
On August 18, 1947, HP was incorporated as a stock corporation.
During the 1950s, HP entered a phase of growth and maturity in which the company mastered many of the "emerging" technologies in electronics and understood the
internal dynamics of its growth. The "how" of the company's growth and the "how much" of the company's growth were equally debatable. It was at this point that HP set its corporate growth goals, which later became the foundation of its unique management philosophy. Hewlett-Packard has been on a path of global management ever since.
In 1951, Hewlett-Packard invented the High Speed Frequency Counter (HP 524A), which dramatically reduced the time required to measure high frequencies (from about 10 minutes to 1 to 2 seconds). Application: Radio stations use the HP 524A to accurately set frequencies (e.g. 104.7FM). This complies with FCC regulations regarding frequency stability. Net Revenue: $5.5 million, Employees: 215.
On November 6, 1957, the company's stock went public for the first time. Hewlett-Packard sets a corporate goal. This goal provided the theoretical foundation for the management philosophy that would become known as the HP Principles. Hewlett-Packard erected the company's first building at the Stanford Industrial Research Park in Palo Alto.
1958 Hewlett-Packard makes its first successful acquisition: the F. L. Moseley Company (Pasadena, California), a manufacturer of high-quality graphic recorders. This acquisition marks HP's entry into the plotter industry. Net income: $30 million; employees: 1,778; product line: 373.
1959 Away from its home base in California, the company establishes a marketing organization in Geneva, Switzerland, and builds its first foreign product manufacturing plant in Boeblingen, West Germany
HP Desktop PCs (7 photos)
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In the 1960s
HP continued to grow steadily in the market for test and measurement products, and began to venture into other related areas such as electronic medical instruments and analyzers. Hewlett-Packard was already seen as a rapidly advancing, well-managed and enviable company.
1960 The first U.S. processing plant other than Palo Alto is established in Loveland, Colorado.
1961 Entered the medical field with the acquisition of Sanborn Corporation (Waltham, Massachusetts). Hewlett-Packard stock, HWP, is officially listed and traded on the New York Stock Market and the Pacific Stock Market.
1962 Hewlett-Packard makes its debut on Happiness Magazine's list of the 500 largest U.S. companies at No. 460. Since then, Hewlett-Packard has risen in the Happiness Magazine rankings every year.
1963 The first joint venture, Yokogawa Hewlett-Packard Company, is established in Tokyo, Japan (joint venture: Yokogawa Electronics Corporation).
1964 The company celebrates its 35th anniversary. David Packard is elected chairman and Bill Hewlett becomes president. The HP 5060A, an atomic cesium time standard, is widely recognized around the world as the "Flying Clock". The HP 5060A is used in every region of the world to synchronize with International Standard Time.
1965 Hewlett-Packard acquires F&M Technologies (Avondale, Pennsylvania) and enters the field of analytical instruments. Net income: $165 million; employees: 9,000.
1966 The company's central research facility, Hewlett-Packard Laboratories, is founded. It is one of the world's leading electronics research centers. Hewlett-Packard designs the first computer product (HP 2116A), which is used as a controller on test and measurement instruments. Today, HP offers a full line of computer products.
1967 Hewlett-Packard, based in Boeblingen, Germany, introduces a non-contact fetal heart rate monitor to measure the condition of the fetus during labor. The company also introduces the concept of flexible work schedules, a practice that has become commonplace in Hewlett-Packard organizations around the world.
1968 The world's first desktop scientific calculator, the HP 9100A, is introduced. It was the precursor to HP's high-performance workstation line today.
1969 David Packard becomes U.S. Deputy Secretary of Defense (term 1969-1971). Hewlett-Packard introduces the first time-sharing operating system to the market, in which a microcomputer can be used by up to 16 users at a time.
The 1970s
Hewlett-Packard stays true to its tradition of innovation and introduces the first pocket-sized scientific calculator. By the end of the 1970s, the company had achieved significant growth in profitability and in its workforce. Bill Hewlett and David Packard entrusted the day-to-day operations of the company to John Young.
1970 Net income: $365 million; employees: 16,000.
1971 Laser technology is utilized to produce a laser jammer that can measure the length of a millionth of an inch. The Hewlett-Packard Laser Jammer is still the instrument of choice in microprocessor chip manufacturing.
1972 Hewlett-Packard introduces the epoch-making first personal computing tool: the HP-35 handheld scientific calculator, and makes the engineering calculator ruler obsolete. Entered the computer field with the HP 3000 microcomputer.
1973 The Hewlett-Packard Small General Purpose Computer System becomes the computer world's first distributed data processing system.
1974 The first microcomputer based on 4K dynamic random access memories (DRAMs) is produced, replacing magnetic cores.
1975 Hewlett-Packard simplifies instrumentation systems by developing standard interfaces. The electronics industry adopts the Hewlett-Packard Interface Bus, HP-IB, as the international interface standard, allowing multiple instruments to be easily connected to a computer.
Hewlett-Packard laptop computers (8 photos)
1977 John Young becomes president of Hewlett-Packard (CEO in 1978).
By the 1980s, HP had become a major player in the industry with its range of computer products, from desktops to powerful microcomputers. The decade marked HP's successful entry into the printer market, as it introduced inkjet and laser printers that could be connected to PCs.
The 80s
1980 Hewlett-Packard introduces its first personal computer product: the HP-85. Net income: $3 billion, 57,000 employees.
1982 Hewlett-Packard develops an e-mail system that becomes the first commercial microcomputer-based wide area network. Utilizing 32-bit "superchip" technology, the HP 9000 technical computer is introduced, which is the first "desktop mainframe" with the same performance as the massive mainframes of the 1960s.
1984 HP's technology is first used in the HP Thinkjet printer. Today's inkjet printers continue to see technological breakthroughs, and their prices continue to drop. Launch of the company's most successful single product: the HP LaserJet laser printer. Today's laser printers are recognized by the industry as the world standard for laser printers.
1985 Net income: $6.5 billion, 85,000 employees.
1986 Launch of a multi-series computer system based on the innovative RISC (Reduced Instruction System Control) architecture. Development costs for this product amounted to $250 million and lasted five years, making it HP's largest investment in research and development.
1987 Bill Hewlett retires as vice chairman and Walter Hewlett (Bill's son) and David Woodley Packard (David's son) are elected as company directors.
1988 Hewlett-Packard jumps into the top 50 of Happiness Magazine's 500 companies list, ranking 49th.
1989 HP celebrates its 50th anniversary. HP's new Atomic Radiation Detector becomes the first analytical instrument to use gas chromatography to determine all elements except helium. Acquires Apollo Computer Corporation (Chelmsford, Massachusetts), a manufacturer of workstations.
The 1990s
Although it is too early to summarize this decade, HP has by now demonstrated its extraordinary success in the fields of measurement, computers, and communications. HP's demonstrated ability to collect, analyze, store and display information will further transform the information superhighway into reality.
1990 HP LaserJet III laser printer introduced. HP Labs opens a research facility in Tokyo. Net revenues: $13.2 billion. Number of employees: 91,500.
HP Graphing Calculator
1991 HP 95LX Pocket PC (weighing approximately
11 angstroms) preloaded with Lotus 1-2-3 application software, with advanced computing features and data communications.HP SONOS
1500 Cardiovascular Imaging Instrument System allows physicians to utilize ultrasonic processing to perform non-contact quantitative analyses of heart disease. non-contact quantitative analysis. The universal color scanner enables computer reading of photographs or other visual images.
1992 Lew Platt becomes president and CEO of Hewlett-Packard. Introduces Corporate Business Systems-nine HP 3000 and HP 9000 computer systems with mainframe functionality at 90 percent lower prices.
1993 Introduces the 3-pound HP OmniBook
300 "ultra-portable" personal computer with enough battery power to keep the computer running during a flight across the United States. Delivery of the 10 millionth HP
LaserJet laser printer, HP has now sold 20 million printers. David Packard leaves for retirement. Lew
Platt is elected chairman, president and chief executive officer.
Hewlett-Packard Camera
Operating net income reaches $25 billion in 1994. Hewlett-Packard produces the world's brightest LEDs (light-emitting diodes). It has replaced incandescent lamps in many new applications because of its simultaneous high brightness, high reliability, and low power consumption. Launched the HP Color
LaserJet color laser printer. Launched the OfficeJet all-in-one printer/fax/copier. Introduced the HP
200LX handheld computer with built-in Pocket Quicken.
1995 Net revenues reach $31.5 billion; 105,200 employees. Acquires Convex Computer Corporation (Texas; Richardson), a provider of high-performance computing solutions. Introduces the HP OmniGo 100 handheld computer. Introduces HP Pavilion PCs to the home computer market. on March 26, 1996, company founder David Packard passes away. Introduced the first HP LaserJet 5SI "network printer".
1997 Revenue: $42.9 billion, Employees: 121,900. Acquires VeriFone, an industry leader in electronic payment systems, enhancing HP's e-business capabilities. Launches a new multi-year consumer marketing program with the theme "Expanding Possibilities.
21st Century
HP CQ Notebook
September 4, 2001 HP acquires rival Compaq Computer Corporation for $25 billion in stock.
In May 2002, the merger of the two companies was completed.
$8.028 billion in 2003, resulting in a 6.2% share of the global infrastructure services market
Surpassed Dell as the world's No. 1 PC vendor in the fourth quarter of 2006.
2008 Fiscal revenue exceeded $100 billion
As of today (early 2012), HP has remained the world's No. 1 PC vendor.
(From Baidu Encyclopedia) To be satisfied Oh, pro~