Universal Electronics

Universal Electronics

Designs and manufactures smart home technologies

About Universal Electronics

Simplify's Rating
Why Universal Electronics is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Energy

Consumer Software

Consumer Goods

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Santa Ana, California

Founded

1986

Overview

Universal Electronics Inc. specializes in smart home technology and wireless control solutions. The company designs and manufactures products such as smart thermostats, remote controls, and HVAC systems, which help enhance home entertainment and smart home experiences. Their products work by transforming traditional devices into smart, connected solutions that can be controlled remotely or through cloud-based services like QuickSet Cloud, which integrates various content sources and services for user convenience. What sets UEI apart from competitors is their focus on both hardware and software solutions, along with a commitment to sustainability, as seen in their energy-efficient smart thermostats. The goal of Universal Electronics is to lead in the smart home market while promoting energy efficiency and reducing environmental impact.

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Simplify's Take

What believers are saying

  • Growing demand for AI integration in smart home devices boosts UEI's market potential.
  • UEI's focus on sustainability aligns with increasing consumer demand for eco-friendly products.
  • The expansion of interoperability standards supports UEI's QuickSet technology adoption.

What critics are saying

  • Emerging smart home companies increase competition, potentially eroding UEI's market share.
  • Supply chain vulnerabilities, especially in semiconductors, could disrupt UEI's production.
  • Rapid technological advancements may outpace UEI's current offerings, requiring continuous innovation.

What makes Universal Electronics unique

  • UEI's QuickSet Cloud enhances smart home device interoperability and user convenience.
  • The company offers a broad portfolio of patented wireless control technologies.
  • UEI's TIDE smart thermostats are designed for energy efficiency and sustainability.

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Company News

HR Tech Wire
Mar 5th, 2025
Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on March 19-20, 2025

Universal Electronics Inc. to participate in the Sidoti Small-Cap Conference on March 19-20, 2025.

Stock Titan
Jan 7th, 2025
Universal Electronics Inc. Unveils QuickSet(R) Widget Pro Family at CES

SCOTTSDALE, Ariz.-(BUSINESS WIRE)- Universal Electronics Inc. (UEI), a global leader in smart home technology is excited to announce the expansion of its QuickSet Widget family with the introduction of QuickSet Widget Pro line-up at the upcoming International Consumer Electronics Show (CES) in Las Vegas this January.

The Retail Data
Jan 3rd, 2025
Universal Electronics Inc. Enhances UEI TIDE Family Portfolio with New Features and Capabilities

Universal Electronics Inc. (UEI), a leader in smart home technology, has unveiled its expanded UEI TIDE family portfolio, featuring exciting new capabilities that will be showcased at the upcoming International Consumer Electronics Show (CES) in Las Vegas this January.

HR Tech Wire
Dec 30th, 2024
Universal Electronics Inc. Unveils Revolutionary QuickSet(R) homeSense Technology at CES

Universal Electronics Inc. (UEI), a global leader in smart home technology, is thrilled to announce the launch of its groundbreaking QuickSet homeSense technology at the upcoming International Consumer Electronics Show (CES) in Las Vegas this January.

Yahoo Finance
May 1st, 2024
Universal Electronics Unveils Inaugural Sustainability Report

SCOTTSDALE, Ariz., May 01, 2024-(BUSINESS WIRE)-Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, announced it released its first-ever Sustainability Report for the calendar year ended 2023 detailing its commitment to environmental, social, and governance standards.

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