Editing UTStarcom

{{Short description|Chinese telecom infrastructure company}}

{{Use dmy dates|date=December 2024}}{{Infobox company
| name            = UTStarcom Holdings Corp.
| native_name = UT斯达康
| logo            = 
| type            = [[Public company|Public]]
| traded_as       = {{NASDAQ|UTSI}}
| location        = [[Beijing]], China
| area_served     = Worldwide
| founders        = Hong Liang Lu<br>Ying Wu
| key_people      = Tim Ti ([[Chief executive officer|CEO]])<br>Zhaochen Huang ([[Chief Operating Officer|COO]])<br>Steven Chen ([[Chief Marketing Officer|CMO]])
| industry        = [[Telecommunications equipment]]
| foundation      = {{start date and age|1991}}
| products        = Packet optical networking equipment, [[wireless]] products, [[broadband access]] products, [[software-defined networking|SDN]]
| num_employees   = >600 (2016)
| revenue         = {{decrease}}[[United States dollar|US$]]101.6 million (2015)
| operating_income = {{increase}}US$-9.8 million (2015)
| net_income      = 
| homepage        = {{URL|https://utstar.com}}
}}

'''UTStarcom Holdings Corp.''' ({{zh|s=UT斯达康|labels=no}}) is a Chinese global [[Telecommunications equipment|telecom infrastructure]] provider headquartered in [[Beijing]].<ref>{{cite web |title=UTStarcom Announces Effectiveness of Registration Statement and Mailing of Definitive Proxy Statement/Prospectus for Its 2011 Annual Meeting of Stockholders |url=https://www.sec.gov/Archives/edgar/data/1504697/000110465911031242/a10-20183_8425.htm |website=U.S. Securities and Exchange Commission |quote=Founded in 1991, listed on the NASDAQ in 2000, the Company has its operational headquarters in Beijing, China}}</ref><ref>{{cite web |title=UTStarcom Closes Strategic Investment by Beijing E-town International Investment and Development Co., Ltd and Other Investors |url=http://www.utstar.com/?q=article/utstarcom-closes-strategic-investment-beijing-e-town-international-investment-and |website=UtStarcom Investor Relations |date=September 7, 2010 |quote=UTStarcom's operational headquarters have been moved to Beijing, China.}}</ref><ref>{{cite web |title=UTStarcom to Relocate Headquarters Back to China; to Revamp Core Services |url=https://mic.iii.org.tw/english/AsiaExpress_Detail.aspx?doc_sqno=7826&year=2010&m=03&domain_name=Data%20Communications&domain_sqno=3 |website=Market Intelligence & Consulting Institute |date=March 25, 2010 |quote=UTStarcom recently announced that the company's headquarters will be moved to Beijing, China, with an aim to boost its market presence in China.}}</ref>  The company develops and supplies a broad range of telecommunication devices to [[communications service provider]]s and network operators including fixed and [[mobile network operator]]s, as well as to enterprises. Traditionally, the company had focused on markets in China, Japan, and India, but has expanded to markets in Africa, Central and Latin America, and the Middle East.<ref name="refforbiz">[http://www.referenceforbusiness.com/history2/99/UTStarcom-Inc.html "UTStarcom, Inc.&nbsp;– Company Profile, Information, Business Description, History, Background Information on UTStarcom, Inc."]</ref>

The company's products are designed to work with existing telecommunications infrastructure to provide low-cost voice and data services for access to both wireless ([[Wi-Fi]]) and fixed line products, optimized for mobile [[backhaul (telecommunications)|backhaul]], metro aggregation, [[broadband access]] and Wi-Fi data.<ref name="reuters1">[https://www.reuters.com/finance/stocks/companyProfile?symbol=UTSI.O "Profile: UTStarcom Holdings Corp (UTSI.O)"]</ref> As of 2015, the company focuses on two core areas: broadband and [[next-generation network]] (NGN).

The company has offices worldwide with business and R&D centers located in China, Japan, South Korea, India, the Middle East and Europe.<ref name="McKelveyBagchi-Sen2015">{{cite book|author1=Maureen McKelvey|author2=Sharmistha Bagchi-Sen|title=Innovation Spaces in Asia: Entrepreneurs, Multinational Enterprises and Policy|url=https://books.google.com/books?id=pk7fBgAAQBAJ&pg=PA175|date=27 February 2015|publisher=Edward Elgar Publishing|isbn=978-1-78347-568-1|pages=175–}}</ref> It is listed on the [[NASDAQ]] since 2000.<ref>[http://utstar.com/?q=investor-relations/utsi-glance "UTSI At a Glance"]</ref>

==History==
The company was founded in 1995 as a merger between Unitech and Starcom Networks to form UTStarcom. Unitech was founded in 1991 by Hong Liang Lu ({{lang|zh|陆弘亮}}), a Chinese entrepreneur with a BS degree from [[University of California, Berkeley|UC Berkeley]],<ref>{{cite web |title=Mr. Hong Liang Lu |url=http://www.pacrimpartners.com/team/lu.html |website=Pacrim Venture Partners}}</ref> as '''U'''nitech '''T'''elecom. It was focused on the telecommunications markets in China, Japan, United States and India, with its initial presence in China established in 1993 in [[Hangzhou]], [[Zhejiang]].<ref name="refforbiz" /> Starcom Networks was founded in 1991 by Ying Wu ({{lang|zh|吴鹰}}) and a team who had worked together at the [[Bell Labs]] in [[New Jersey]], United States.<ref name="Saxenian2007">{{cite book|author=AnnaLee Saxenian|title=The New Argonauts: Regional Advantage in a Global Economy|url=https://books.google.com/books?id=djgO_Thn6dUC&pg=PA250|year=2007|publisher=Harvard University Press|isbn=978-0-674-02566-0|pages=250–}}</ref>

After several years of trying to expand its business globally, UTStarcom launched the Personal Handy-phone System, also known as the [[Personal Access System|Personal Handy-phone System]], a technology originally developed in Japan.

In March 2000, UTStarcom went public on the [[NASDAQ]].

In July 2008, UTStarcom sold its Personal Communications Division to [[American International Group|AIG]].<ref>[https://www.sec.gov/Archives/edgar/data/1030471/000110465908044253/a08-17884_1ex99d1.htm UTStarcom Announces Strategic Divestiture of its Personal Communications Division]</ref>

==References==
{{Reflist}}

{{DEFAULTSORT:Utstarcom}}
[[Category:Telecommunications equipment vendors]]
[[Category:Telecommunications companies of Hong Kong]]
[[Category:Streaming television]]
[[Category:Telecommunications companies established in 1991]]
[[Category:Chinese companies established in 1991]]
[[Category:Companies listed on the Nasdaq]]
[[Category:1991 establishments in China]]
[[Category:Telecommunications companies of China]]
[[Category:Chinese brands]]
[[Category:Companies based in Beijing]]
[[Category:Multinational companies headquartered in China]]
[[Category:1991 in Beijing]]