Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
WU YING
 2. Issuer Name and Ticker or Trading Symbol
UTSTARCOM INC [UTSI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive VP & Vice Chairman
(Last)
(First)
(Middle)

10F TOWER E2, THE TOWERS ORIENTAL PLAZA,, NO.1 EAST CHANG AN AVE, DONGCHENG DIST.		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
(Street)


BEIJING, F4 100738		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 08/24/2004   G5(1) 1,200 D $ 0 4,115,601 D (2)  
Common Stock 08/24/2004   G5(3) 1,200 D $ 0 4,114,401 D (4)  
Common Stock 08/24/2004   G5(5) 1,200 D $ 0 4,113,201 D (6)  
Common Stock 08/24/2004   G5(7) 1,200 D $ 0 4,112,001 D (8)  
Common Stock 08/24/2005   G5(9) 1,200 D $ 0 4,110,801 D (10)  
Common Stock 08/24/2004   G5(11) 1,200 D $ 0 4,109,601 D (12)  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WU YING
10F TOWER E2, THE TOWERS ORIENTAL PLAZA,
NO.1 EAST CHANG AN AVE, DONGCHENG DIST.
BEIJING, F4 100738		   X     Executive VP & Vice Chairman  

Signatures

By Thomas Savage, as Attorney-in-Fact on behalf of Ying Wu 12/29/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Transfer of shares to May Wang Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by May Wang Chen.
(2) This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,515,487 shares held directly; (ii) 4,868 shares registered in the name of Wu Living Trust; (iii) 4,873 shares registered in the name of Ashley Wu Trust-1998; (iv) 4,873 shares registered in the name of Richard Wu Trust-1998; (v) 1,505,500 shares registered in the name of Wu Partners; and (vi) 1,080,000 shares registered in the name of Stonybrook Investors L.P.
(3) Transfer of shares to Michael Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by Michael Chen.
(4) This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,514,287 shares held directly; (ii) 4,868 shares registered in the name of Wu Living Trust; (iii) 4,873 shares registered in the name of Ashley Wu Trust-1998; (iv) 4,873 shares registered in the name of Richard Wu Trust-1998; (v) 1,505,500 shares registered in the name of Wu Partners; and (vi) 1,080,000 shares registered in the name of Stonybrook Investors L.P.
(5) Transfer of shares to Doris Zhang. The reporting person disclaims beneficial ownership of the issuer's common stock held by Doris Zhang.
(6) This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,513,087 shares held directly; (ii) 4,868 shares registered in the name of Wu Living Trust; (iii) 4,873 shares registered in the name of Ashley Wu Trust-1998; (iv) 4,873 shares registered in the name of Richard Wu Trust-1998; (v) 1,505,500 shares registered in the name of Wu Partners; and (vi) 1,080,000 shares registered in the name of Stonybrook Investors L.P.
(7) Transfer of shares to Melody Zhang. The reporting person disclaims beneficial ownership of the issuer's common stock held by Melody Zhang.
(8) This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,511,887 shares held directly; (ii) 4,868 shares registered in the name of Wu Living Trust; (iii) 4,873 shares registered in the name of Ashley Wu Trust-1998; (iv) 4,873 shares registered in the name of Richard Wu Trust-1998; (v) 1,505,500 shares registered in the name of Wu Partners; and (vi) 1,080,000 shares registered in the name of Stonybrook Investors L.P.
(9) Transfer of shares to Yadan Wang Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by Yadan Wang Chen.
(10) This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,510,687 shares held directly; (ii) 4,868 shares registered in the name of Wu Living Trust; (iii) 4,873 shares registered in the name of Ashley Wu Trust-1998; (iv) 4,873 shares registered in the name of Richard Wu Trust-1998; (v) 1,505,500 shares registered in the name of Wu Partners; and (vi) 1,080,000 shares registered in the name of Stonybrook Investors L.P.
(11) Transfer of shares to Hua Shi. The reporting person disclaims beneficial ownership of the issuer's common stock held by Hua Shi.
(12) This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,509,487 shares held directly; (ii) 4,868 shares registered in the name of Wu Living Trust; (iii) 4,873 shares registered in the name of Ashley Wu Trust-1998; (iv) 4,873 shares registered in the name of Richard Wu Trust-1998; (v) 1,505,500 shares registered in the name of Wu Partners; and (vi) 1,080,000 shares registered in the name of Stonybrook Investors L.P.

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