Hp Inc Stock Price, News & Analysis

HP Inc. announced the appointment of Kristen Ludgate as Chief People Officer, effective July 12, 2021. Ludgate, previously at 3M as Chief Human Resources Officer, will lead HP's global human resources organization, focusing on employee experience, talent acquisition, and diversity, equity, and inclusion. HP's President, Enrique Lores, praised her innovative leadership and extensive experience, which included transforming organizational culture and overseeing talent initiatives at 3M. Ludgate holds a bachelor's degree from Bowdoin College and a J.D. from the University of Minnesota Law School.

HP introduced its new Victus by HP 16-inch laptop, targeting mainstream gamers and designed with OMEN's DNA. The device features top-tier performance with options for NVIDIA GeForce RTX 3060 graphics and Intel Core i7 processors. The gaming lineup also includes OMEN 16 and OMEN 17 laptops, featuring advanced cooling technology and immersive displays. The OMEN Gaming Hub enhances user experience with new features like OMEN OASIS for gameplay streaming. Pricing for the Victus starts at $799.99, with availability in June 2021. The company emphasizes sustainability in its product design.

HP Inc. has announced its commitment to gender parity in leadership by 2030, becoming the first Fortune 100 tech company to do so. The company aims for 50% gender equality in leadership roles and over 30% technical women by 2030. HP also plans to meet or exceed labor market representation for racial/ethnic minorities in the U.S. and maintain a high internal inclusion index rating. These goals are part of HP's Sustainable Impact strategy, aiming to create a positive impact on society and the environment.

HP Inc. has strengthened its management team with key appointments aimed at enhancing long-term growth. On May 19, 2021, Greg Baxter was named Chief Transformation Officer, focusing on digital capabilities and cost reduction. He succeeds Marie Myers, now the CFO. Didier Deltort was appointed President of Personalization & 3D Printing, directing global business management and innovation in 3D Printing. Both executives bring extensive experience from leading roles in major companies, with an emphasis on driving commercial growth and operational efficiency.

HP Inc. has launched HP Indigo Secure, a suite of innovative security and brand protection solutions, alongside the HP Indigo 6K Secure Press, specifically targeting the security printing market. This press delivers comprehensive security solutions through multi-layered printing in a secure environment. The impact of counterfeiting is projected to cost global businesses $4.2 trillion. HP's new offerings aim to assist governments and brands in combating intellectual property violations and losses.

HP Inc. and CCL Industries announced the installation of CCL's 100th HP Indigo digital press, marking a significant milestone in their partnership. The latest installation is the world's first HP Indigo 35K Digital Press, aimed at expanding into the folding carton market at CCL's Healthcare facility in Montreal. This B2 sheetfed press enhances brand protection with advanced printing technologies. The global self-adhesive labels market is projected to grow significantly, indicating strong market potential for HP and CCL.

HP Inc. has announced enhanced print services aimed at increasing workforce productivity and protecting corporate data. The new Flexworker offering integrates with HP Wolf Security for secure printing at home or in the office. This scalable service includes HP Secure Print and Internet Printing functionalities, addressing security concerns around compromised printers as noted by 45% of IT decision-makers. The new offerings are expected to roll out between June and August 2021, enhancing secure printing capabilities and enterprise management tools for hybrid workforces.

HP Inc. (NYSE: HPQ) has launched HP Wolf Security, a comprehensive security platform integrating PCs and printers with advanced endpoint protection against cyber threats. This initiative comes amidst a 238% increase in cyberattacks during the COVID-19 pandemic, particularly targeting remote workers. The platform reflects over 20 years of security innovation, emphasizing a Zero Trust approach. Key features include hardware-enforced security, self-healing firmware, and tailored solutions for home and business users. The launch aims to address rising security needs and enhance resilience in a shifting work landscape.

HP Inc. has launched the new ZBook G8 mobile workstations, including ZBook Studio G8, ZBook Fury G8, and ZBook Power G8, designed for professional creators needing high performance and versatility in hybrid work environments. These workstations incorporate advanced technology from Intel and NVIDIA, featuring powerful graphics and processors. HP emphasizes sustainability by using recycled materials and 100% recyclable packaging. The ZBook Studio claims to be the world's most powerful mobile workstation, enhancing productivity and collaboration for users.