Immigration Department Wu Ying

Wu Ying is an engineer and a well-known entrepreneur. He promoted the explosive growth of PHS business in China, which made him a great entrepreneur. In the heyday of the company, PHS business can bring him tens of billions of yuan a year. However, with the development of the times, PHS technology was gradually eliminated, and he himself chose to leave because the company could not successfully transform. Now Wu Ying has become an individual investor, specializing in technologies and companies that he thinks have development prospects.

Wu Chu, the king of PHS, was born in Beijing. 1959. Since childhood, Wu Ying has been reading and writing with the support of his parents. Wu Ying's parents believe that reading can change their destiny, so they have always been strict with Wu Ying's education. Wu Ying lived up to expectations. When the college entrance examination resumed, Wu Ying was successfully admitted to the university. Later, he entered Beijing University of Technology, majoring in radio communication, which also influenced Wu Ying's later life.

Because of his outstanding performance in school, the school gave Wu a job and asked him to stay as a teaching assistant. But Wu Ying doesn't want to stay in school all the time. He chose to give up his school work, continue his studies and go to America. In this way, Wu Ying went to Seattle, USA, where he continued his study career. Life in the United States is hard, but it didn't dampen Wu Ying's morale. With his efforts, he successfully entered Bell Laboratories and became an engineer there. However, it was not long before Wu Ying chose to give up his job again. This time, he will return to China to start a business.

After returning home, Wu Ying and his friend * * * founded Starcom, a technology company focusing on communication technology. Four years later, 1996, Wu Ying seized the historical opportunity. At that time, China Telecom could only find ways to develop other services because it could not get a mobile business license. China Telecom discovered PHS technology from Japan, which coincided with the cooperation between Wu Ying and China Telecom, and discovered Wu Ying of this technology, believing that it has a bright future. In this way, Wu Ying spent tens of millions of yuan to buy the technology patent of PHS, and it began to be popularized in China, and there was the PHS we are familiar with today.

Before PHS earned tens of billions a year, people's calls were very expensive, close to one dollar a minute. You know, it was the Millennium, and most people only paid a few hundred dollars a month, so the telephone bill was a big burden for people who often called. The appearance of PHS changed this situation. The phone bill of PHS is very cheap, only 20 cents per minute. In order to promote it, China Telecom has also launched a monthly package similar to that in 49 yuan, which is undoubtedly very attractive to frequent callers. In this way, the number of PHS users is increasing. By 2006, nearly 1 100 million people in China were using PHS service, and all companies in Wu Ying were listed, with a market value of several billion dollars.

During the period from 1998 to 2005, Starcom Company of No.5 Battalion was one of the most successful enterprises in China. There are many people who use PHS in the street, and PHS mobile phones are in short supply, which has become the standard for ordinary people and companies. With PHS, Wu Ying has become a big shot in the industry. At that time, Ma Yun, Ma Hua Teng and others could only be regarded as Wu Ying's younger brothers.

PHS declined after its peak. In 2008, PHS is still the mainstream of the market, but the new communication technology cdma technology has come out, and PHS technology is somewhat backward in more aspects. The most terrible thing is that the frequency band used by PHS conflicts with the national standard frequency band, and no one in the country can object. In this way, PHS ushered in its end. In 20 14, all PHS service base stations were retired, and PHS officially withdrew from the historical stage.

Summarizing the success of PHS has a great relationship with the progress of the times, and finally it was eliminated because it could not keep up with the times. Looking back, although PHS has many advantages, its disadvantages are particularly obvious, that is, the signal is particularly poor, the coverage is very small, and people with bad temper use PHS and often use mobile phones. Like PHS, Wu Ying, a former CEO of Starcom, also quit. Wu Ying's failure is that as the helm of the company, he failed to lead the company's transformation in time, which made the company unfortunately lose in the competition. Today, Wu Ying has already left Starcom to become an investor and a freelance entrepreneur. We can often see him in various science and technology exhibitions, especially his signature beard.