Business: The Guru of Gizmos

The premier peddler of the new machines showing up in business offices is neither IBM nor Xerox, but An Wang, 61, a Chinese-born inventor who founded Wang Laboratories in 1951. The Lowell, Mass., company produces state-of-the-art equipment for the office of the future. Wang Laboratories dominates the market for so-called integrated information systems. These are elaborate combination of computerized word and data processors, high-speed printers, telecommunications hook-ins and video display terminals used by secretaries and their bosses. And such office innovations are likely to continue. Says Wang: "The cost of parts keeps...

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