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Universal Electrs Inc - UEIC STOCK NEWS

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About Universal Electronics Inc

Universal Electronics Inc (UEIC) is renowned for its advanced control and sensor technology solutions that empower smart home, audio video, and security industries worldwide. With a broad portfolio of patents and significant innovations in universal control systems, the company has established a reputation through its integrated approach to connecting and managing a diverse range of consumer devices. By focusing on the development and support of intelligent sensing technologies, UEIC provides comprehensive solutions that enhance the user experience across smart homes, streaming platforms, and entertainment systems.

Core Business Areas

At the forefront of its operations, Universal Electronics Inc is engaged in the design, development, manufacturing, and shipping of a wide variety of control systems and sensory devices. Its product range spans:

  • Universal Control Systems that enable compatibility and seamless interaction across numerous entertainment viewing devices.
  • Audio-Video Accessories used across home entertainment and subscription broadcasting markets.
  • Wireless Security Solutions that support modern smart home and home automation environments.
  • Smart Home Products integrating home automation, intelligent sensing, and security functionalities.
This diversified product approach supports key brands by offering innovative and reliable technology solutions that are critical for today's interconnected consumer electronics landscape.

Industry Position and Market Significance

Universal Electronics Inc has carved out a competitive presence in a rapidly evolving market by continually prioritizing research and development. Its technology innovations have not only redefined home entertainment controls but have also paved the way for smarter, more integrated living environments. Operated from the United States, the company generates its revenue through designing and deploying systems that support major brands in the audio video, connected home, and security industries. This strategic positioning is reinforced by a network of global design and development services, which ensures that the company remains at the cutting edge of technological advancements and industry standards.

Technological Innovation and Expertise

The company prides itself on its robust portfolio of intellectual property, which underpins many industry-first innovations. UEIC leverages its deep technical expertise to create products that not only simplify complex consumer interfacing systems but also offer efficient and reliable performance. Emphasis on wireless connectivity, intelligent sensing, and streamlined control protocols reflects its deep-rooted commitment to enhancing both functionality and interoperability in smart devices.

Global Network and Quality Assurance

Operating with a global outlook, Universal Electronics Inc benefits from a widespread network of design and development professionals. This international collaboration enables the continuous improvement and adaptation of its products, ensuring they meet the varied demands of different markets. Quality assurance and adherence to stringent standards across its manufacturing processes underscore the company’s commitment to ensuring that each product delivered meets both customer expectations and rigorous industry benchmarks.

Comprehensive Solution Provider

By integrating its expertise in control systems with innovative sensor technology, Universal Electronics Inc demonstrates a holistic approach to smart home solutions. The company supports not only the technical installation of its products but also offers ongoing support for optimal performance. Its extensive product ecosystem is regularly updated to reflect the evolving needs of modern lifestyles, ensuring that consumers and commercial clients alike benefit from state-of-the-art technology.

Operational Excellence and Research-Driven Strategy

Over several decades, the company has leveraged a research-driven strategy to secure its place as a trusted technology partner in highly competitive markets. Its pioneering work in universal control and sensing technologies has been integral to transforming home entertainment experiences. This continuous pursuit of excellence is mirrored in its expansive portfolio and the commitment to developing practical, user-oriented solutions that efficiently address complex challenges in device interoperability and home automation.

Overall, Universal Electronics Inc stands as a comprehensive provider of control and sensor technology solutions that support a vast array of electronic devices. Its in-depth understanding of industry dynamics, commitment to innovation, and global presence make it a noteworthy entity in the technology sector, emphasizing the importance of connectivity and control in modern living spaces.

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Universal Electronics Inc. (UEI) to attend Sidoti Small-Cap Conference on March 13-14, 2024. Chairman and CEO Paul Arling and CFO Bryan Hackworth to present. Webcast available on www.uei.com.
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Universal Electronics Inc. (UEI) reports financial results for Q4 and full year 2023, highlighting growth in home automation and climate control sectors. The company plans to continue its share repurchase program and pursue legal action against Roku for patent infringement. Financially, UEI saw a decline in net sales and gross margins for both Q4 and full year 2023, with a significant non-cash charge impacting GAAP operating income and net income. The company expects a range of net sales and loss per share for Q1 2024.
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Universal Electronics Inc. (UEI) will host a conference call to discuss its fourth quarter and full year 2023 financial results. The call will be held on Thursday, February 15, 2024, at 4:30 p.m. ET and will provide a financial and business update.
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Universal Electronics Inc. (UEI) has announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling by the U.S. International Trade Commission, which banned the importation and sale of various streaming products by Roku, Inc. that infringe UEI’s patent. The ruling confirms that Roku will not be able to import or sell any infringing products in the United States until UEI's key patent expires in 2032. This decision paves the way for UEI to return to the U.S. District Court and collect money damages for the infringing activities of Roku and its TV partners.
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Universal Electronics Inc. (NASDAQ: UEIC) announced the release of its latest QuickSet® solution, expanding content discovery, control, and interaction across millions of devices and households. The new QuickSet Cloud feature increases user engagement, supports Matter smart homes, integrates across UEI's new product portfolio, and delivers better end-user support.
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Universal Electronics Inc. (NASDAQ: UEIC) announced its family of UEI Butler™ Smart Home Control Hubs at the Consumer Electronics Show. The products, powered by QuickSet® Cloud, enable Discovery, Control and Interaction across connected devices in the home to create smarter living. The hubs bring interoperability covering a wide range of wireless protocols including legacy IR, Zigbee, Bluetooth, and IP devices as well as the fast-growing Matter-compatible device category. UEI's QuickSet Cloud Enhancement leverages powerful device discovery and configuration abilities, working with any Zigbee-enabled nodes or UEI-developed sensors with complete rule-based automation and scene creation features. The UEI Butler Family of Smart Hubs Lineup includes Nevo Butler Entertainment Companion, Butler Zigbee Hub, Butler Matter Bridge, and Butler Smart Hub, offering a comprehensive range of smart home control solutions.
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Universal Electronics Inc. (NASDAQ: UEIC) enables whole home control inside its TIDE line of smart thermostats, transforming them into a smart home dashboard. The company's innovation offers expanded convenience and utility for climate control devices, addressing legacy and new devices to create a personalized experience in any smart home. The smart thermostats can operate as the primary 'always-on screen' in the home, providing a control interface for home devices and services. Powered by UEI's QuickSet Cloud, it blends smart home and entertainment control across UEI's full line of TIDE Family of products, including UEI TIDE Dial and UEI TIDE Touch.
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Universal Electronics Inc. (NASDAQ: UEIC) introduces four new products and two new accessories at the 2024 International Consumer Electronics Show. The new products include TIDE Dial M, TIDE Dial M with Scene Controller Pack, TIDE Bridge+, and TIDE Bridge+IAQ, along with Smart TRV and C-wire adapter accessories. These offerings aim to address major industry and consumer pain points and provide an all-in-one smart home control service, expanding the UEI TIDE climate control family's portfolio.
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Universal Electronics Inc. (NASDAQ: UEIC) presents its latest products and technologies at the 2024 International Consumer Electronics Show. The company showcases a broad range of climate control products, smart home hubs, software solutions for smart home and entertainment interoperability, sustainable remote controls, and audio video accessories. UEI also sponsors the CONNECTIONS SUMMIT at CES 2024, emphasizing its commitment to sustainability and efficiency.
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Universal Electronics Inc. (UEI) (NASDAQ: UEIC) to attend 26th Annual Needham Growth Conference on January 16 and 19, 2024
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FAQ

What is the current stock price of Universal Electrs (UEIC)?

The current stock price of Universal Electrs (UEIC) is $5.14 as of April 7, 2025.

What is the market cap of Universal Electrs (UEIC)?

The market cap of Universal Electrs (UEIC) is approximately 64.6M.

What are the primary business areas of Universal Electronics Inc?

The company specializes in designing, developing, manufacturing, and supporting control systems and sensor technology solutions for smart home, audio video, and security applications.

How does Universal Electronics Inc generate its revenue?

The company generates revenue by supplying a diversified range of control systems and sensor technology products to globally recognized brands in consumer electronics and related markets.

What distinguishes Universal Electronics Inc in the smart home industry?

Its broad portfolio of universal control systems and intelligent sensing technologies, backed by extensive intellectual property, allows for seamless integration and connectivity across various consumer devices.

Who typically uses the products of Universal Electronics Inc?

The company's technologies are employed by leading brands in the audio video, subscription broadcasting, connected home, security, and home automation segments, serving both residential and commercial markets.

How does the company maintain its competitive edge?

Universal Electronics Inc invests in continuous research and development and collaborates with international design and development teams, ensuring its products stay innovative and aligned with evolving industry standards.

What role do patents play in Universal Electronics Inc's strategy?

Patents are central to the company’s strategy, as its extensive intellectual property portfolio supports innovative product development and strengthens its position in the highly competitive technology sector.
Universal Electrs Inc

Nasdaq:UEIC

UEIC Rankings

UEIC Stock Data

64.58M
12.35M
17.57%
80.05%
0.75%
Consumer Electronics
Household Audio & Video Equipment
Link
United States
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