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Universal Electronics
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Designs and manufactures smart home technologies
Universal Electronics
Work Here?
Designs and manufactures smart home technologies
About Universal Electronics
Industries
Energy
Consumer Software
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
N/A
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 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 services like QuickSet Cloud, which integrates various content sources and services. Unlike many competitors, UEI focuses on both hardware and software, providing comprehensive solutions for consumer electronics and hospitality industries. The company's goal is to promote sustainability by creating energy-efficient products, such as occupancy-aware smart thermostats, that help reduce energy consumption.
Simplify's Take
What believers are saying
- UEI's expansion of QuickSet Widget Pro enhances smart home device control.
- The launch of QuickSet homeSense technology showcases UEI's innovation at CES.
- UEI's sustainability report highlights its commitment to environmental standards.
What critics are saying
- Increased competition from emerging smart home technology companies could erode market share.
- Potential patent litigation risks, as seen in the case against Roku, could be costly.
- Dependence on key partnerships, like with Immersion Corporation, poses risks if they falter.
What makes Universal Electronics unique
- UEI's QuickSet Cloud offers seamless interoperability for smart home devices.
- The company has a broad portfolio of patented wireless control technologies.
- UEI's commitment to sustainability is evident in its energy-efficient smart thermostats.
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Company News
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.
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.
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.
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.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics Inc. (“UEI”) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, today announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling by the U.S. International Trade Commission (“ITC” or the “Commission”), which banned the importation and sale of various streaming products by Roku, Inc. (“Roku”) that infringe UEI’s patent. The appellate court’s ruling issued today
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About Universal Electronics
Industries
Energy
Consumer Software
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
N/A
Headquarters
Santa Ana, California
Founded
1986
Universal Electronics is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today