UTStarcom (nasdaq: UTSI - news - people ) is a California company that's in the business of providing wireless phone service in China.

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Verizon Communications reported another round of stellar returns at its Verizon Wireless arm, more than offsetting a growing revenue hole left by its declining core local-phone business.

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Business is booming in the cell phone business because as you go from the second generation to the third generation of wireless communication, you need higher density flash to do all of these multimedia tasks in addition to the basic code storing.

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This was a time when Motorola owned the nascent mobile phone business, pagers were mostly one-way, and the only uses I could find for wireless data beyond simple messaging were telemetry (look it up) and logistics management for trucking companies.

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Exploding security risks likely will re-bifurcate the smart phone and tablet markets away from one converging business and personal smart phone device to separate business and consumer smart phones and tablets, potentially creating a new leg of wireless growth for device manufacturers and wireless providers.

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