UTStarcom and Panasonic announce 3G joint venture

6 Nov 2003

IP network services provider UTStarcom and mobile vendor Panasonic have created a joint venture company to focus on the design, development and manufacture of third-generation (3G) mobile equipment. The company, Universal Communications Technology Hangzhou (UCTH), will initially focus on the Chinese market before expanding to the rest of the world. Product lines will support the WCDMA standard but will later work with TD-SCDMA.