An American tragedy.
The article focuses on Wang Laboratories Inc., the Massachusetts-based computer maker that filed for protection under Chapter 11 of America's bankruptcy code on August 18, 1992. Both Wang Laboratories' extraordinary rise and its sad demise were the work of An Wang, the brilliant Chinese immigrant wh...
| Publicado en: | Economist Vol. 324; no. 7773; pp. 56 - 58 |
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| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
8/22/1992
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=9209212940&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 9209212940 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130613 ECO jtl: Economist issn: 00130613 maglogo: N pubinfo: dt: 8/22/1992 vid: 324 iid: 7773 pid: 161 pub: Economist Newspaper Limited artinfo: ui: 9209212940 ppf: 56 ppct: 2 formats: tig: atl: An American tragedy. aug: su: Wang Laboratories Inc. Bankruptcy Wang, An, 1920-1990 Corporate finance IBM Personal Computer Word processing software sug: subj: Wang Laboratories Inc. Bankruptcy Wang, An, 1920-1990 Corporate finance IBM Personal Computer Word processing software ab: The article focuses on Wang Laboratories Inc., the Massachusetts-based computer maker that filed for protection under Chapter 11 of America's bankruptcy code on August 18, 1992. Both Wang Laboratories' extraordinary rise and its sad demise were the work of An Wang, the brilliant Chinese immigrant who founded the firm in 1951 as a 31-year-old. By 1984, when the firm's profits reached their apogee, it had grown by 30% or more in each of the previous ten years and boasted 30,000 employees. Wang refused employees' pleas to launch general-purpose personal computers, as arch-rival IBM was doing. This decision was a disaster, sales of personal computers soared and they quickly took market share from Wang's word-processors and its more expensive mid-sized computers. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1992 holdings: @attributes: islocal: N |
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