Introduction to a tech revolution

The journey of innovation and failure begins, setting the stage for the transformative era in computing from the 1970s through the 1990s.

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A landscape of innovation and failure

As companies like Microsoft and Apple emerged, early pioneers like Wang Laboratories blazed a trail in the world of computing.

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The early life of an innovator

An Wang’s journey—from his studies in Shanghai and Harvard to his fascination with electronics—sparked a revolution in technology.

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Invention of magnetic core memory

In 1948, An Wang invented magnetic core memory, a breakthrough that powered computer memories for decades before microchips arrived.

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The founding of Wang Laboratories

In 1951, driven by innovation, An Wang founded Wang Laboratories, setting the stage for a company that would soon become a household name.

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The IBM deal and missed opportunities

Frustration set in when Wang sold his core memory patent to IBM for $500,000—a decision that shaped the company’s future challenges.

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The word processor revolution

Wang Laboratories transformed office work with its innovative word processors, replacing clunky typewriters and streamlining document creation.

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Office technology transformed

The distinctive green-tinted screens of Wang’s machines became a staple in offices, symbolizing a leap forward in business technology.

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Rise of minicomputers

Alongside its word processors, Wang introduced minicomputers that replaced expensive mainframes, marking a significant shift in computing.

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Challenges in a changing market

Complacency and rapid technological advances left Wang Laboratories struggling to keep pace with the booming personal computer revolution.

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Decline and the collapse

Mounting debt, a shrinking workforce, and an inability to adapt ultimately led to the downfall of a once-dominant tech giant.

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Legacy and lessons learned

The rise and fall of Wang Laboratories offers a powerful reminder: continuous innovation and adaptability are key to surviving in the tech industry.

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