mercredi 22 mai 2019

The success story of ATI's founder of technology (from selling vegetables to wealth)

Tags

Kook Yun-ho, founder of ATI Technologies, was born in 1950 to an ancient Chinese family that owned millions but was lost by the communist Chinese revolution. Kook was the youngest member of the family. They had a garden where some vegetables were grown and he sold them. He went to Hong Kong to work there, where he had plenty of factories and jobs, and he sent every money available to his family as an expatriate. In 1962 the whole family met again but in Hong Kong with their father they lived in a one-room house, Kook Yun-ho's life did not end there, but he managed to establish ATI And was able to turn from a poor person who used to sell vegetables in his youth to a rich and successful businessman. Know his success story below.



Study and work: 

Kook received a scholarship to study electrical engineering at the University of Hong Kong in Taiwan. In 1974, he completed his studies. After graduating, he obtained a job with Control Data and then moved to Philips. He then worked for National, He went to Wong Electronics to serve as general manager of the company. 

Immigration to Canada: 

Despite the great successes he has achieved on a practical level over the course of a decade, Cook decided to immigrate to Canada hoping that his practical and scientific expertise would help him Function is appropriate, but this did not happen, there is no suitable job found.

ATI Technologies: 

Cook is known for the brothers Benny and Lee, a graduate of the University of Toronto, Canada, and they own a company called Comy Computer. The three friends decided to take on a new venture. They collected all their possessions and borrowed from their family and friends until they raised $ 300,000. ATI was founded as an abbreviation for Array Technologies Industry, a technology industry company. An upgrade that increases the memory of the computer and adds a serial and another output to the printer.

Company name changed: 

The company's name was changed twice. The first time it was changed to Array Technologies Inc and the second time it was changed to ATi Technologies Inc. ("Matrix Technologies").
It is worth mentioning that the process of changing the name of the company was not chosen either in a gesture or in accordance with the whim of the partners, but to indicate the method used in the manufacture of electronic chips at the time. It is also worth noting that the company did not change its name after that, despite the change in manufacturing methods and the emergence of newer technologies, Acquired by the company and perhaps for other reasons.

VIP card: 

In 1987, Cook created a VIP card. It was a combination of all the other products in the market. At the time, the company focused its attention on the card industry. (Cookie) and ATI's decision makers, the availability of capital for manufacturing operations, especially with the launch of the IGA Wenders and Vega Wanders for IBM computers.

Save ATI from bankruptcy: 

ATI was on the verge of bankruptcy, and its rescue needs to sell large-size display cards. Fortunately, Commodore Electronics has bid to buy 7,000 graphical chipsets a week, ATI with profits estimated at $ 10 million.

Strong management and new product: 

To ensure the continuity of your company, you must have a strong financial management and technological innovation is not stopped at a certain extent, and this has already happened at the company ATI, in 1994 was launched product developed Mach (Mach 64) In the time that it added something very important to the computer is that you can play the video on the computer without the need of an additional chip, this slide enabled the users of computers then run MPEG-1 video format without the need for expensive Real Magic cards, ATI worked on developing this chip later and became b Place computer users watch videos and edit them also without the need for any additional segments.

ATI buys competitors: 

ATI bought many of its competitors in the market to operate and produce under its name. In 1997, Tseng Labs, a company specializing in the graphic chip industry, was purchased. In the following year, ATI's revenues exceeded $ 1 billion, Cook Yoon Ho is a seasoned businessman in Canada. In 2000, ATI bought ARTX, which specializes in the production of display cards for $ 400 million. In 2002, the first mobile graphics processor was launched through ATI.

Kok Yun-ho is stepping down from the company's management:

In 2004 Kook stepped down as a member of the Board of Directors. In 2005, ATI was announced as the world's largest manufacturer of graphics processors. In 2006, AMD in a deal worth $ 5.4 billion, knowing that ATI kept its name and logo, although it became part of AMD.

Artikel Terkait


EmoticonEmoticon