After the company rebranded itself to Lenovo, it merged with IBM's PC business which produced its ThinkPad line in 2005, after which it rapidly expanded abroad. In 2013, Lenovo became the world's largest personal computer vendor by unit sales for the first time, a position it still holds as of 2024.
It was bought, but after the renaming. Today IBM only build Servers. Mainframes. All other PC, Laptop and Server Production/Branding is sold.
IBM rebranded mainly to IBM iX. A full service agency.
Hardware is now Mainframes. And other deviations are mostly Cloud, OpenShift, Ansible, and RHEL.
As a fun addition, I think the atomic clock/time standards division went HP → Agilent → Symmetricom → Microsemi → Microchip. You could have bought a HP 5071A Cesium Frequency Standard under all of these badges!
"Just" feeding paper is extreme engineering. And a disposable vape has more compute in it than a toner cartridge. (Though there is insane non recurring engineering in an inkjet cartridge. But I bet just the warehousing of a printer is a significant part of the total cost of a printer.
They're the 2nd biggest PC manufacturer in the world. Sell more computers than Dell, Apple, etc.
Only beaten by Lenovo.
and Lenovo is itself an IBM spinoff.
Not a spinoff. It was founded 20 years before and was the largest PC manufacturer in China 10 years before buying IBM's PC business.
Interesting. Did not know that. I thought someone bought the IBM laptop business and renamed it.
It was bought, but after the renaming. Today IBM only build Servers. Mainframes. All other PC, Laptop and Server Production/Branding is sold. IBM rebranded mainly to IBM iX. A full service agency. Hardware is now Mainframes. And other deviations are mostly Cloud, OpenShift, Ansible, and RHEL.
They did, but they also were a large existing manufacturer.
I don't know what they had before but their identity seemed to be IBM's overnight (thinkpads and all).
They used the Think(Pad|Centre) brand and expanded it to other things (like IdeaPad).
They basically bought IBM's good reputation name and style and used it for both IBM-alikes and budget machines.
Some of it was good machines, some of it was crap.
They actually bought entire ThinkPad R&D as well, and have been subcontracted manufacturer for some time before that.
So Thinkpads are still designed in ex-IBM Lenovo Japan
yet they gather PC parts right ? like did they create any board or ram or any great hardware, no ?
goal post shift.
HP was never just a printer corp. ;-)
The fun parts of HP split off years ago into Agilent, Keysight, and HPE. Current HP is just a printer and office PC corp.
As a fun addition, I think the atomic clock/time standards division went HP → Agilent → Symmetricom → Microsemi → Microchip. You could have bought a HP 5071A Cesium Frequency Standard under all of these badges!
https://www.microchip.com/en-us/products/clock-and-timing/co...
The most valuable offspring of HP is Broadcom, just as ASML is the most valuable offspring of Philips.
dont forget Autonomy !
HP is long gone. What's left is just a printer and PC company that didn't bother to change the sign on the building.
It's as if I bought an old telephone exchange building and called it Bell Labs.
You couldn't, mostly because Bell Labs is owned by Nokia now.
Interesting, TIL! I wonder what Nokia's market cap is... geez, still over $50B. Another surprise.
That's basically all Nokia(-Siemens) Networks.
I suspect their enterprise computer business creates more revenue than printers.
Printers are just a loss leader for toner.
If you put 90% of the electronics into the cartridge and the printer box is just a paper feeder - that's not exactly surprising.
HP retail ink cartridge prices are not a cost issue.
"Just" feeding paper is extreme engineering. And a disposable vape has more compute in it than a toner cartridge. (Though there is insane non recurring engineering in an inkjet cartridge. But I bet just the warehousing of a printer is a significant part of the total cost of a printer.