TITLE

Tech Wreck

AUTHOR(S)
Flannery, Russell
PUB. DATE
September 2007
SOURCE
Forbes Asia;9/17/2007, Vol. 3 Issue 15, p144
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article chronicles the success and failure of Alameda, California-based telecommunication equipment manufacturer UTStarcom. The company's main market was China, where telecommunications spending was increasing and the economic growth was growing. UTStarcom did well for a time. But from a peak of $87.50 in March 2000 UTStarcom's shares today are worth below $3. It is stated that UTS was too dependent on sales in a sole market for its equipment product line, which would inevitably be challenged by newer technologies.
ACCESSION #
26971552

 

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