What Does Wang Laboratories Mean?
Wang Laboratories was founded in 1951 by Dr. An Wang and Dr. G.Y. Chu, and was a global provider of computer-based processing systems such as data, image, voice and text processing systems as well as networking products. The company also provided customer service, support, training and consulting services. The company was the first to produce and is most well known for magnetic core memory devices, which became a global standard component of computers for the next twenty years after its introduction in the early late 1940s.
Techopedia Explains Wang Laboratories
Wang Laboratories primarily sold magnetic core memories and provided contractual services to perform research and development for other companies. For example, IBM contracted Wang Laboratories to develop a procedure for using magnetic cores to perform memory functions for IBM’s own electronic calculating machines. Wang Labs was later granted a patent on the core weeks after it was sold to IBM in 1956. In the following years, Wang proposed that IBM had stimulated a challenge to the patent claim in order to hasten a sale, which eventually occurred. Following the patent sale to IBM, Wang Labs’ focus gradually began to shift from consulting to development and sales of its own products.
