Top Hewlett Packard Competitors (Updated in 2023)

The top Hewlett Packard Competitors are Lenovo, Apple, Dell, Samsung, ASUS, Acer, IBM and others. Formerly abbreviated as HP, it is one computer and Technology Company that had stood the test of time in designing, manufacturing and selling computer hardware. It was the famous American technology firm that supplied various computer hardware products across the different business, government and corporate spheres.

The split that led to the formation of Hewlett Packard Enterprise and HP Inc would be predicted as the downfall of this company in capturing majority share in the market. However, it seems like it still holds a significant stake in the industry.

HP net income for the quarter ending April 30, 2023 was $1.066B. HP gross profit for the quarter ending April 30, 2023 was $2.929B.

Many brands also offer competition in the market by taking advantage of any lapses that Hewlett Packard might undergo and some of the includes the following;

Top Hewlett Packard Competitors

1) Lenovo

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1984 in Beijing, China.
• Founders: Liu Chuanzhi and Legend Holdings.
• Headquarters: Morrisville, North Carolina, USA.
• Area served: Worldwide.
• Current CEO: Yang Yuanqing.
• Revenue: $12.635B (March 31, 2023 )
• Market cap: $13.32B (August 31, 2023)
• Number of employees: 77,000 (2023)

Lenovo is a giant Chinese multinational technology company that has a specialty in manufacturing computer hardware, software, consumer, professional and industrial consumer products.

It was founded 33 years ago and currently has its headquarters in Beijing, China. Lenovo is a strong competitor to the Hewlett Packard and specifically in computer hardware. Lenovo has 35 manufacturing sites across eight markets that serve customers in 180 markets, including Argentina, Brazil, China, Hungary, India, Japan, Mexico, and the USA. Lenovo has a total of 70 service centers in different countries, including those that offer International Warranty Service (IWS).

Lenovo has a global presence and is listed on the Fortune 500 list, with around 77,000 employees worldwide as of 2022. Lenovo Group net income for the quarter ending March 31, 2023 was $0.114B. Lenovo Group operating income for the quarter ending March 31, 2023 was $0.291B. Lenovo Group gross profit for the quarter ending March 31, 2023 was $2.143B.

Lenovo’s computer hardware products have increased in the last decade across the world. Initially, it drew attention majorly to the Mainland Chinese market but has been able to make a mark even in nations with emerging economies. Because of its strong presence across the globe and an in depth product portfolio, Lenovo is considered as one of the top Hewlett packard competitors.

2) Apple

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1976 in Cupertino, California, USA.
• Founders: Steve Jobs, Steve Wozniak, and Ronald Wayne.
• Headquarters: Cupertino, California, USA.
• Area served: Worldwide.
• Current CEO: Tim Cook.
• Revenue: $36.413B (June 30, 2023)
• Market cap: $2933.76B (August 30, 2023)
• Number of employees: 164,000 (2022)

The brand Apple Inc is associated with the manufacturing of high-end technology, digital and multimedia products. Under the stewardship of Steve Jobs, Apple Inc rose to become one of the greatest private business empires in the whole world. It is guided by the doctrines of uncompromised quality and technical but straightforward innovation in producing all its wide-ranging products.

Apple net income for the quarter ending June 30, 2023 was $19.881B. Apple operating income for the quarter ending June 30, 2023 was $22.998B. Apple gross profit for the quarter ending June 30, 2023 was $36.413B.

The brand value for Apple Inc is currently estimated to be approximately $2933.76B. In regards to competition, it is not seen as a strong competitor of Hewlett Packard for two significant reasons; one is that Apple does not manufacture its products in large volume, which implies that it has a segmented market to sell its products to.

The second reason is that it is currently scaling down on producing its computer hardware products. Apple is surely the market leader in several markets for its Macintosh line of laptops and because of its premium brand positioning, Apple is considered as one of the top HP competitors.

3) Dell

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1984 in Austin, Texas, USA.
• Founders: Michael Dell.
• Headquarters: Round Rock, Texas, USA.
• Area served: Worldwide.
• Current CEO: Michael S. Dell.
• Revenue: $20.922B (April 30, 2023)
• Market cap: $39.95B (August 18, 2023)
• Number of employees: 133,000(2023)

It is arguably regarded as the most potent competitor of Hewlett Packard in the market. Dell has established 33 years ago and all this time has been fundamental in producing a considerable number of computer and technology products to the vast market segment. It has further majored in producing other hardware and software components and is slowly recapturing the market share that it once had in the previous decades.

Dell is ranked 31st on the Fortune 500 list in 2022, up from 76th in 2021. It is also the sixth-largest company in Texas by total revenue, according to Fortune magazine.

Dell gross profit for the quarter ending April 30, 2023 was $5.018B. Dell net income for the quarter ending April 30, 2023 was $0.583B.

One compelling aspect to understand is that Dell Company has been in various acquisition deals in the past. Some of such moves had shaken its production and distribution processes whereas some of the agreement strengthened the company. Dell generates a better percentage of its revenue from the sale of computer hardware products especially the PCs, Desktops, Scanners, and printers and the combination of these products make it a lethal Hewlett packard competitor.

4) Samsung

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1938 in Daegu, South Korea.
• Founders: Lee Byung-chul.
• Headquarters: Samsung Town, Seoul, South Korea.
• Area served: Worldwide.
• Current CEO: Jong-Hee Lee
• Revenue: KRW 60.01 trillion (June 30, 2023)
• Market cap: $330.48 Billion (August 2023)
• Number of employees: 270,320 (2022)

If there is an Asian multinational conglomerate technology and electronics company that occupies a substantial percentage of the global market, then you got to give it to Samsung.

Inspired by strong foundations to produce high-quality products, Samsung has become a brand to beat especially in the consumer, professional and entertainment technology products.

It is the world’s largest manufacturer of mobile phones and smartphones, starting with the original Samsung Solstice and later, the popularity of its Samsung Galaxy line of devices. Operating profit rose sequentially to KRW 0.67 trillion as of second quarter 2023. As of August 2023 Samsung has a market cap of $330.48 Billion. This makes Samsung the world’s 24th most valuable company by market cap.

However, Samsung is slowly scaling down its production of computer hardware products and instead focus on home entertainment such as gaming consoles and household electronic appliances. But in developing countries, Samsung still has a strong foothold in laptops and printers and especially in Smartphones making it one of the top Hewlett Packard competitors.

5) ASUS

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1989
• Founders: T.H. Tung, Jonney Shih, M.T. Liao, Wayne Hsieh, Ted Hsu.
• Headquarters: Beitou District, Taipei, Taiwan.
• Area served: Worldwide.
• Current CEO: S.Y. Hsu.
• Revenue: $16.67 B (2023)
• Market cap: $8.99 Billion (August 2023)
• Number of employees:  17,000

Asus is an ambitious Taiwanese technology company that for close to three decades now has been in the computer and technology industry. One aspect that Asus uses to counter most of its competitors in the market is by identifying the untapped markets and maximizing by producing and supplying products to such markets.

Asus is the world’s 5th-largest PC vendor by unit sales as of January 2023. ASUS has won numerous awards and recognitions, including being recognized as one of Fortune magazine’s World’s Most Admired Companies and Interbrand’s ranking as Taiwan’s most valuable international brand. In the second quarter of 2023, PC shipments from Asus amounted to 3.9 million units worldwide.

Also, Asus also considers the pricing in the sense that most of their products are relatively affordable hence making it easy for them to penetrate into such markets without difficulty. The other aspect that Asus has incorporated in their bid to become top players in this industry is that they have partnered with over 400 companies across the world as a way of enhancing their brand visibility and awareness to the untapped market.

6) Acer

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1976 in Hsinchu City, Taiwan.
• Founders: Stan Shih and Carolyn Yeh.
• Headquarters: Xizhi, New Taipei City, Taiwan.
• Area served: Worldwide.
• Current CEO: Jason Chen.
• Revenue: NT$58.26 billion (Q2, 2023)
• Market cap: $3.54 Billion (August 2023)
• Number of employees: over 7,713 (2022)

Acer has founded 41 years ago and has its headquarters in Taipei, Taiwan. It designs, manufactures and sells some computer-related hardware and software products. Acer has also in the recent past ventured in manufacturing smartphones and smart TVs. Its growing market is a signal that with time Acer will be among the top players in this industry without a doubt. Poor planning and business strategies, as well as political and economic stability in China, had seen the brand name and revenue growing at a slower pace.

As of September 2022, Acer has over 7,713 employees worldwide, operating in 40 countries/territories. For the second quarter of 2023 gross profit reached NT$6.26 billion. Operating income was NT$1.05 billion and Net income was NT$1.39 billion.

However, Acer has been able to make significant changes in the last decade by establishing various business models to make it possible to capture not only the Taiwanese market but also the broader global markets. It has worked according to their plans hence promising to be a great computer hardware manufacturer in the near future.

7) IBM

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1911 in Endicott, New York, USA.
• Founders: Herman Hollerith, Thomas J. Watson, Charles Ranlett Flint.
• Headquarters: Armonk, New York, USA.
• Area served: Worldwide.
• Current CEO: Arvind Krishna
• Revenue: $15.475B (June 30, 2023)
• Market cap: $128.83B (August 18, 2023)
• Number of employees: 350,000

If there is a company that has revolutionized the computer and Technology Company, then it has to be IBM.

Over the years of its operation, IBM has stood firmly to set the trend for many other competitors regarding technological innovations.  IBM owes this to extensive research and development that they carry out every year, time and again just to make sure that they provide a technology-laden product that augurs well with the clientele.

IBM gross profit for the quarter ending June 30, 2023 was $8.501B. IBM net income for the quarter ending June 30, 2023 was $1.583B. IBM operating income for the quarter ending June 30, 2023 was $1.914B.

It is an American-based technology firm that has now diversified to the manufacturing of other technology products and offering related services. It is currently ranked at number one regarding workforce with an estimated of over 350,000 employees across the world. IBM is the elephant of the technology industry and has huge presence in products as well as consultancy business. Due to this combination, it is considered as one of the tough Hewlett packard competitors.

9) Sony

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1946 in Tokyo, Japan.
• Founders: Masaru Ibuka and Akio Morita.
• Headquarters: Minato City, Tokyo, Japan.
• Area served: Worldwide.
• Current CEO: Kenichiro Yoshida
• Revenue: $4.957B (June 30, 2023)
• Market cap:$102B (August 18, 2023)
• Number of employees: 113,000 (2023)

Just like Samsung, Sony is also another Asian based company that is widely accepted in different parts of the world. It is known for producing some high-end consumable, professional and entertainment electronics. It also manufacturers computer hardware products albeit in small scale.

Similar to Samsung, this company also has numerous service centers in almost every country and has employed a workforce of about 113,000 people to cater for different aspects of the brand including dealership, distribution, and marketing in their respective countries.

Sony net income for the quarter ending June 30, 2023 was $1.588B. Sony operating income for the quarter ending June 30, 2023 was $-14.652B. Sony gross profit for the quarter ending June 30, 2023 was $-6.901B.

Regarding competition to Hewlett Packard, Sony does not position itself as a strong competitor because it is also downscaling its production of computer hardware products to focus more on other consumer electronics and entertainment devices and household appliances.

10) Toshiba

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1939 in Tokyo, Japan.
• Founders: Tanaka Hisashige and Ichisuke Fujioka.
• Headquarters: Minato City, Tokyo, Japan.
• Area served: Worldwide.
• Current CEO: Taro Shimada (since March 2022).
• Revenue: $7.874B (March 31, 2023)
• Market cap: $13.52B (August 18, 2023)
• Number of employees: 106,648 (2023)

Toshiba is regarded as the oldest Asian multinational technology firm that has played a fundamental role in revolutionizing this industry especially for other players in Asia. It specializes in offering quite a good number of computer products, industrial electronics and in consumer electronics. Toshiba has its headquarters in Tokyo, Japan but has since its inception widen its market to many countries across the world. It has several subsidiaries under its brand name in different continents where it attracts massive purchase power. Toshiba is the world’s leading maker of notebook personal computers and is among the global leaders in semiconductors and LCDs.

Toshiba net income for the quarter ending March 31, 2023 was $0.365B. Toshiba gross profit for the quarter ending March 31, 2023 was $2.226B. Toshiba total assets for the quarter ending March 31, 2023 were $26.412B.

Understandably, it is also a strong competitor to Hewlett Packard given that it still produces a high number of innovative-driven PCs including desktops and laptops, tablets and other many computer accessories such as monitors and keyboards.

11) Microsoft

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1975 in Albuquerque, New Mexico, USA.
• Founders: Bill Gates and Paul Allen.
• Headquarters: Redmond, Washington, USA.
• Area served: Worldwide.
• Current CEO: Satya Nadella
• Revenue: $56.189B (June 30, 2023)
• Market cap: $2351.37B (August 18, 2023)
• Number of employees:  221,000 (2023)

Microsoft is popular for producing computer software more than it is known for hardware. However, in the recent past, it has been able to get involved in acquisitions and mergers that have seen it making an effort to produce hardware products.

Microsoft is a top tech company with a 21% market share worldwide. Microsoft net income for the quarter ending June 30, 2023 was $20.081B. Microsoft gross profit for the quarter ending June 30, 2023 was $39.394B.

Seemingly, Microsoft is concentrating much on providing software and related services such as cloud-based services. It, therefore, means that regarding competition with Hewlett Packard, its impact is minimal since Hewlett Packard focuses majorly on computer hardware products.

12) Epson

• Product Type: Personal computers, smartphones, and wearable devices.
• Industry: Consumer electronics
• Founded: 1942 in Suwa, Nagano, Japan.
• Founders: Takeharu Kosaka, Saburo Tsuji, and Tadashi Yoshida.
• Headquarters: Suwa, Nagano, Japan.
• Area served: Worldwide.
• Current CEO: Yasunori Ogawa
• Revenue: $9.983B (2023)
• Market cap: $6.07B (September 04, 2023)
• Number of employees:  77,642 (2022)

Epson is a Japanese based technology company. It specializes mainly in manufacturing printers, imaging devices, and information equipment. It is a strong competitor to Hewlett Packard, especially in printers.

Seiko Epson annual net income for 2023 was $0.563B. Seiko Epson annual gross profit for 2023 was $3.502B.

One reason why this particular manufacturer stands out is that is specialty is solely in manufacturing printers and related accessories. Epson produces all sorts of printers for all kinds of purposes. They target all sectors including small businesses, corporates, industries and government institutions by manufacturing a wide range of printers that suits the needs of the specific target markets. It has over 77,642 employees as of 2023 in various parts of the world. Because of its very good brand image in printers and peripherals market, Epson is considered as one of the top HP competitors at least for printers.

Here are more HP Competitors in Consultancy business

13) Capgemini 

• Product Type: Consulting, technology services, and digital transformation.
• Industry: Information technology.
• Founded: 1967 in Paris, France.
• Founders: Serge Kampf.
• Headquarters: Paris, France.
• Area served: Worldwide.
• Current CEO: Aiman Ezzat
• Revenue: €11,426 million (H1, 2023)
• Market cap: $32.05 Billion (August 2023)
• Number of employees: 349,500 (2023)

The IT field is dynamic but has become fundamental in close to all aspects of life. Capgemini – Consultancy provides sufficient IT related consultancy services to various commercial, governmental and corporate institutions that are in need of particular IT services. It is a French Company with headquarters in Paris but has established its market in various countries across different continents.

Capgemini’s net profit, Group share, increased by 34% in 2022, with normalized earnings per share up 25%.  Cap Gemini SA annual gross profit for 2022 was $6.145B.

As of 2023, this consultancy firm had over 349,500 employees in more than 50 countries. It specializes in offering consultancy, technology and outsourcing service that relate to ICT. The fact that Hewlett Packard also provides IT consultancy services implies that this firm is a competitor in the market.

14) Wipro

• Product Type: Information technology, consulting, and business process services.
• Industry: Information technology.
• Founded: 1945 in Amalner, Maharashtra, India.
• Founders: M.H. Hasham Premji.
• Headquarters: Bengaluru, Karnataka, India.
• Area served: Worldwide.
• Current CEO: Salil Parekh
• Revenue: $2.782B (June 30, 2023)
• Market cap: $26.8B (September 01, 2023)
• Number of employees: 256,921 (2023)

This is also another highly ranked IT and related services consultancy firm.  It focuses on providing solutions to business that would place them in a better position in any competitive market. It is currently ranked as the third Technology Company and number one in global software and entertainment.

Wipro net income for the quarter ending June 30, 2023 was $0.349B. Wipro gross profit for the quarter ending June 30, 2023 was $0.817B.

Wipro offers services to various fields including finance, insurance, health, security, cyber surveillance and human capital management. It also helps majorly in providing IT integration services that would propagate a particular industry in scaling new heights regarding efficiency and turnover.

15) Huawei Technologies

• Product Type: Telecommunications equipment, consumer electronics, and information and communications technology (ICT) infrastructure and services.
• Industry: Information and communications technology (ICT).
• Founded: 1987 in Shenzhen, Guangdong, China.
• Founders: Ren Zhengfei.
• Headquarters: Shenzhen, Guangdong, China.
• Area served: Worldwide.
• Current CEO: Ren Zhengfei
• Revenue: CNY310.9 billion (H1, 2023)
• Number of employees: 208,000 (2022)

Huawei is a Chinese multinational technology corporation founded in 1987 by Ren Zhengfei, a former officer in the People’s Liberation Army. Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. It has 208,000 employees and operates in over 170 countries and regions, serving more than three billion people around the world. Huawei is committed to bringing digital to every person, home, and organization for a fully connected, intelligent world.  Huawei is firmly positioned among the top three phone makers in the world and remains the market leader in China.

Huawei reported net profit for 2022 totaled 35.6 billion yuan ($5.18 billion), a 69% year-on-year decline. That’s the biggest annual decline since 2011.  Huawei’s consumer business, which houses its smartphone unit, fell more than 11% to 214.5 billion yuan in 2022. As of 2023, Huawei is the leading 5G equipment manufacturer and has the greatest market share of 5G equipment and has built approximately 70% of worldwide 5G base stations.

16) Accenture

• Product Type: Management consulting, and digital transformation.
• Industry: Information technology.
• Founded: 1959 in Dublin, Ireland.
• Founders: Arthur Andersen, Jr. and Leonard Spacek.
• Headquarters: Dublin, Ireland.
• Area served: Worldwide.
• Current CEO: Julie Sweet
• Revenue: $16.565B (May 31, 2023)
• Market cap: $215.19B (September 1, 2023)
• Number of employees: 721,000 (2022)

Accenture is a global professional services company that provides services in strategy and consulting, interactive, technology, and operations. Accenture’s current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. Accenture has four main business segments: Accenture Strategy and Consulting, Accenture Song, Accenture Technology, and Accenture Operations.

Accenture is also investing $3 billion in artificial intelligence (AI) over the next three years, planning to double its AI-focused staff to 80,000, through a mix of hiring, acquisitions, and training.

Accenture made sales of around $16.565B billion in the year 2023. Its market Cap. For the same year was approximately $215.19B and employed around 721,000 people around the globe.  Accenture net income for the quarter ending May 31, 2023 was $2.010B. Accenture gross profit for the quarter ending May 31, 2023 was $5.529B. Accenture operating income for the quarter ending May 31, 2023 was $2.359B.

17) Fujitsu

• Product Type: Information and communication technology (ICT) products, services, and solutions.
• Industry: Information technology.
• Founded: 1935 in Tokyo, Japan.
• Founders: Kinshiro Hattori.
• Headquarters: Minato, Tokyo, Japan.
• Area served: Worldwide.
• Current CEO: Keiji Yasukawa
• Revenue: $8.181B (March 31, 2023)
• Market cap: $24.58B (September 01, 2023)
• Number of employees: 124,216 (2023)

Fujitsu is a Japanese multinational information technology equipment and services company that was founded in 1935. The company offers a wide range of products and services, including personal computers, servers, storage systems, and mobile phones. Fujitsu is also involved in the development of artificial intelligence and quantum computing technologies. The company has a strong focus on sustainability and has set ambitious goals to reduce its environmental impact.

Fujitsu has a global presence, with operations in over 100 countries and regions. The company has a strong reputation for quality and innovation, and has received numerous awards and accolades for its products and services. Fujitsu is committed to delivering value to its customers and partners, and to contributing to the development of a sustainable society.

Fujitsu net income for the quarter ending March 31, 2023 was $0.776B. Fujitsu gross profit for the quarter ending March 31, 2023 was $2.774B.

18) MSI

• Product Type: Computer hardware, consumer electronics, and gaming products.
• Industry: Computer hardware and consumer electronics.
• Founded: 1986 in Taipei, Taiwan.
• Founders: Joseph Hsu, H.C. Hsu, and Weng-Fang Lin.
• Headquarters: New Taipei City, Taiwan.
• Area served: Worldwide.
• Current CEO: Charles Chiang (since 2019).
• Revenue: 164.25bn (September, 2023)
• Market cap: 136.44bn (September, 2023)
• Number of employees: 13,000 (2023)

Micro-Star International Co., Ltd (MSI) is a Taiwanese multinational information technology corporation that produces computer hardware, related products, and services. The company is headquartered in New Taipei City, Taiwan, and has manufacturing plants in Mainland China. MSI’s product line includes laptops, desktops, motherboards, graphics cards, all-in-one PCs, servers, industrial computers, PC peripherals, car infotainment products, and other products.

MSI was founded in 1986 by five former Sony employees, and its first products were motherboards. Since then, the company has expanded its product line to include a wide range of computer hardware and related products. MSI is known for its breakthroughs in design and the pursuit of innovation. The company is one of the world leaders in the production of computer equipment, especially motherboards, and is quite active in positioning itself in the netbook market, offering quite productive PCs at a reasonable price.

Net Income as of September 2023 is TWD 6.60bn

19) Canon

• Product Type: Cameras, printers, scanners, and other optical and imaging products.
• Industry: Electronics, technology, and imaging.
• Founded: 1937 in Tokyo, Japan.
• Founders: Takeshi Mitarai, Goro Yoshida, Takeo Maeda, Saburo Uchida.
• Headquarters: Ota City, Tokyo, Japan.
• Area served: Worldwide.
• Current CEO: Fujio Mitarai
• Revenue: $7.452B (June 30, 2023)
• Market cap: $25.67B (September 01, 2023 )
• Number of employees: 180,775 (2022)

Canon Inc. is a Japanese multinational corporation that specializes in imaging and optical products, including cameras, photocopiers, and computer printers. The company was originally established in 1930 to create high-quality cameras, and it has become a leader in digital imaging and networking, as well as a major manufacturer of personal and office printers, copiers, controllers, and fax machines, as well as medical, semiconductor, and broadcasting equipment.

Canon was founded in 1937 and has the following divisions; Consumer Business Unit, Office Business Unit and Industry and other Business division. The company also manufactures lenses, scanners, magnetic heads and LCDs among other products.

As at 2023, Canon’s revenue was $7.452B, its profit was $3.539B. Canon net income for the quarter ending June 30, 2023 was $0.477B.

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