A power supply circuit in a wireless communications system includes an envelope tracking modulator coupled to a first power amplifier circuit and a second power amplifier circuit, so that the power supply circuit supplies power to the first power amplifier circuit and the second power amplifier circuit. When a transmit signal output by a processor is within a first bandwidth range, the power supply circuit supplies power to the first power amplifier circuit, and the first power amplifier circuit amplifies power of the transmit signal. When the transmit signal output by the processor meets a second bandwidth range, the power supply circuit supplies power to the second power amplifier circuit, and the second power amplifier circuit amplifies the transmit signal.