In today's 21st century, everything in society is developing rapidly. The elimination of old things is even more cruel and rapid. In today's rapid development of the Internet age, the development of human society has also reached a peak state. The development of various technologies and economic development have made people's lives very different from the past. Internet speeds are developing faster and faster, travel methods are becoming more and more convenient, and human beings have been heading towards the future. Although this journey to the future seems to be smooth sailing, in fact, during this journey, there are many things that have not kept pace with the times, and they have simply disappeared from human life. What we are talking about today is a technology industry that is about to be eliminated by the times. The Hunan guy who invented the USB flash drive in 1999 and made tens of billions of dollars, how is he doing now?
In the early stages of the development of the Internet age, at the end of the 20th century, the Internet was not as developed as it is now. And we also know that the Internet is welcomed by so many people and brings so much convenience to people. One of them is that its storage space is a very large information storage space. But in the early days of the development of the Internet, storage space was not that large, and it was also very inconvenient. At the end of the 20th century, the main method of storing information was floppy disk storage, but the amount of information stored in this floppy disk was very small, and it needed to be constantly replaced. Even such a backward storage method is still a reserve method that people all over the world want to obtain. But there was a person who invented the USB flash drive, which broke the difficult situation of information storage. The Chinese guys who invented the USB flash drive are called Deng Fushun and Chen Xiaohua. Both of them are from Hunan. When they went to work in Shenzhen in 1999, they met and became very good friends. In a small rental house in Shenzhen, they invented this USB flash drive.
After this USB flash drive was invented, they took it to the China International High-tech Fair. At that time, at this trade fair, people were very surprised to see the emergence of a more efficient processing method than floppy disk storage. Therefore, in 1999, they obtained the patent for USB flash drive. After obtaining the patent, they founded Langke Technology Co., Ltd. with their partner Shen Wenyuan. And because the USB flash drive they invented has received strong support from the country. After the establishment of Netac Technology Co., Ltd., it has always wanted to develop in the fields of mobile storage and wireless communications. In those years, Netac Technology Co., Ltd. had a very good development momentum.
But in 2013, Netac Technology Co., Ltd. began to go downhill. So Netac Technology Company spent 200 million to build the Netac Building in Shenzhen. At that time, their company's main income actually came from the patent fees for the use of USB flash drives and the leasing of the Netac Building. From here we can actually see that the real turnover of Netac Technology Co., Ltd. is very small. It's already 2020, how is Netac Technology Co., Ltd. doing? In fact, as early as November 14, 2019, the patent for the USB flash drive expired. Now Netac Technology Co., Ltd. is only making profit from the rental fee of Netac Building.
Nowadays, with the development of the Internet era, we can also see that network technology is becoming more and more proficient, and USB flash drives have long withdrawn from the stage of history. Netac Technology Company can no longer rely on USB flash drive patents to obtain fees. But now, Netac Technology is still in operation, and the company's management also stated that it will continue to develop and innovate better products, hoping that Netac Technology will have a better development in the future.