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Starcom company history timeline

1983

Lu founded a software development firm in Berkeley named Unison World, Inc., starting the company in 1983.

1986

In 1986, Unison was acquired by Kyocera International, Inc., the United States arm of Japan-based Kyocera Corp., a technical ceramic producer that manufactured a diverse range of components.

1993

1993 After failing to penetrate the Beijing market, Lu sets his sights on Hangzhou.

1995

Starcom Information Technology Limited was incorporated in 1995.It engages in designing developing and dealing software products.

1995 Unitech Telecom and Starcom, Inc. merge, creating UTStarcom, Inc.

2000

In 2000, UTStarcom generated $368 million in revenue, nearly double the previous year's total.

2001

In 2001, China passed the United States as the largest market of fixed line subscribers, a year that also saw the country surpass the United States as the largest mobile telephone market.

2003

By 2003, he controlled 60 percent of the PAS market for network gear in China, with substantial expansion opportunities being created with each passing year.

2004

With revenues nearing $3 billion in 2004, UTStarcom had the size and the potential to become the driving force of its industry, pursuing a goal thought to be unattainable a decade earlier.

2005

2005 Lu sets a financial goal of $10 billion in revenues by the end of the decade.

2022

Glance user base grows by 30% YoY to reach 183 million in Q1 2022

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