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UTStarcom
From Wikipedia, the free encyclopedia
| UTStarcom, Inc. | |
|---|---|
| Type | Public NASDAQ: UTSI |
| Founded | 1991 |
| Headquarters |  Alameda, California, USA |
| Key people | Hong Lu, CEO |
| Products | Telecommunications Equipment |
| Revenue |  $2.703 Billion USD (2005) |
| Net income |  $73.415 Million USD (2005) |
| Employees | 6000 (9/2007) |
| Slogan | A world of better communication |
| Website | www.utstar.com |
UTStarcom is a global technology company that specializes in IP-based networking solutions for telecommunications companies and other service providers. Its core markets are multimedia communications and broadband, including IP communications and entertainment (IPTV), next generation broadband networks and optical network solutions. It also sells handsets and other consumer products including DSL modems and voice over IP terminal adapters. Headquartered in Alameda, California, UTStarcom is a Fortune 1000 company with 6,400 employees worldwide. It has a large customer base in Asia, particularly in China, where it manufactures the majority of its products and where most of its employees are located. It also has business operations in the United States, India and Japan as well as research and design operations in the United States, China, Korea and India.
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In June 2007, UTStarcom announced that its CEO, Hong Liang Lu, will become executive chairman of the UTStarcom Board of Directors in 2008. He will be succeeded as CEO by Peter Blackmore, UTStarcom’s president and COO. [1] In September 2007, the company announced a new strategic direction to focus its growth on IP-based multimedia communications and broadband. These technologies are being implemented by the world’s developing countries as they make large scale investments to establish their communication infrastructure. UTStarcom was one of the fastest growing companies in its industry from 1998 to 2004 but since then its financial performance has lagged. The new direction is planned to return the company to consistent and profitable growth. [2]
The company was founded in 1991 by Lu, a Taiwan-born, US-educated entrepreneur, as Unitech Telecom. In its early years, the company was focused on the telecommunications markets in China. In 1995, Unitech merged with Starcom Networks to form UTStarcom. After several years of trying to build its business in China, UTStarcom launched the Personal Handy-phone System (PHS), [3] also known as the Personal Access System. PHS is a scaled-down version of a cellular network and has 56 million subscribers in China. UTStarcom went public in March 2000. The IPO and a series of acquisitions helped the company expand its business and technology beyond its base in China to other emerging economies in Asia and Latin America as well as to Japan, the United States and Europe. Acquisitions Between 2002 and 2004, UTStarcom acquired several companies to expand its technology portfolio and market opportunities in areas such as handsets, CDMA technology, broadband and IP-based communications.
Include: Audiovox Communications Corporation (from Audiovox Corporation), a wireless handset maker, 2004 TELOS Technology, IP-based switching solutions for CDMA networks, 2004 CDMA intellectual property portfolio of Hyundai Syscomm, 2004 CommWorks (from 3Com), IP-based, multi-service networks, 2003 Rolling Stream Systems, an IPTV equipment company, 2003 Advanced Communications Devices, semiconductor based LAN and IP switching technology, 2002
Hong Liang Lu, CEO [4] Peter Blackmore, President and COO [5] Fran Barton, Executive Vice President and CFO [6] External Links UTStarcom [www.utstar.com]
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[[zh:UT斯达康]