UT Starcom operational headquarters will move to Beijing
February 9th, 2010
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according to Yahoo’s Web site reported, UT Starcom (Nasdaq: UTSI), local time Thursday with the U.S. Securities and Exchange Commission 8-K filing yesterday, the company February 1 Japan and the Beijing Economic and Technological Development Zone (hereinafter referred to as “Zone”), to reach an agreement.
Under the agreement, UT Starcom will be in the zone to set up a division, as its new operational headquarters. Put into operation and began after taxes, UT Starcom will be able to enjoy the zone a series of preferential measures. In addition, UT Starcom will be in the export and bank financing gained Zone help.
