UTStarcom, SCI Ink Outsourcing Deal

(Comment on this article at http://www.financialwire.net/2010/01/28/utstarcom-sci-ink-outsourcing-deal/)

January 28, 2010 (FinancialWire) -- UTStarcom, Inc. (NASDAQ: UTSI) said that it has selected San Jose-based Sanmina-SCI Corp. (NASDAQ: SANM) as its new outsourced electronics manufacturing service provider.

UTStarcom said the move aligns with its new restructuring initiatives and expands the company's cost savings efforts.

Under the terms of the agreement, Sanmina-SCI will provide full electronics manufacturing services for UTStarcom's system products currently being built in UTStarcom's Hangzhou facility.

These services include new product introduction support, material sourcing and procurement, printed circuit board assembly, system integration and testing, final pack-out and delivery.

California-based UTStarcom offers IP-based, end-to-end networking solutions and international service and support. The company sells its solutions to operators in both emerging and established telecommunications markets around the world.

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