Universal Electronics Unveils Enhanced Control Touchpoint Solutions to Help Users Be One with Their Home

Rhea-AI Summary

Universal Electronics (UEIC) has announced its participation in CES 2025, where it will showcase several innovative smart home control solutions. Key highlights include QuickSet 7 with homeSense Technology for personalized home intelligence, the expanded QuickSet Widget family featuring new UE72Y and UE72X models with advanced connectivity, and updates to QuickSet Cloud & nevo.ai for AI-powered device management.

The company will also present UEI TIDE Climate Control with enhanced features for AC/heating systems, and the UEI Eterna sustainable remote family, including the new battery-free XLR remote control. These innovations focus on making smart homes more intuitive while maintaining user privacy and efficiency.

Positive

• Launch of enhanced QuickSet 7 platform with expanded smart home capabilities
• Introduction of new UE72Y and UE72X models with advanced connectivity features
• Development of battery-free voice remote technology, reducing environmental impact
• Expansion of product portfolio with AI-powered solutions

Negative

• None.

Insights

Tech Industry Analyst

This convention preview announcement, while showcasing several product updates, falls into the "not impactful" category for immediate stock market implications. The pre-announcement of CES demonstrations, while technologically interesting, lacks concrete financial metrics, guaranteed contracts, or immediate revenue-generating developments that would materially impact UEIC's valuation.

The key innovations - QuickSet 7, enhanced Widget family, battery-free remotes and climate control solutions - represent iterative improvements rather than revolutionary breakthroughs. While the Matter protocol support and AI integration show UEIC is keeping pace with industry trends, these developments were likely already priced into market expectations.

The $151.7M market cap company's focus on privacy-first solutions and sustainable products aligns with current market demands, but without specific financial projections or major partnership announcements, this news primarily serves as a marketing communication rather than a market-moving catalyst.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), a global leader in smart home technology is excited to announce its participation in the upcoming International Consumer Electronics Show (CES) in Las Vegas starting on January 7, 2025.

At CES, UEI will showcase a range of innovative products and technologies designed to enhance the smart control experience and promote user engagement across major consumer touchpoints in the home.

Among the many highlights of UEI's product demonstrations, they include:

QuickSet® 7 with homeSense Technology

• In a major update to QuickSet, UEI will demonstrate its QuickSet homeSense technology as a foundational block for home intelligence, which learns and adapts to home environments to unlock personalized experiences in energy management, entertainment control and advertising, all on-device, always ensuring user privacy. This new technology is complemented by QuickSet 7’s expanded smart home capabilities as a Matter Controller and OpenThread Border Router with a powerful rules-engine; and deeper video and audio content discovery and control across all the leading IP-connected entertainment devices.

Broadening QuickSet Widget Family

• Expanding UEI’s embedded connectivity offering, QuickSet Widget Pro, features the new UE72Y and UE72X models. These multi-protocol modules enable advanced connectivity with dual-band Wi-Fi 6, Bluetooth 5.3, and support for Matter, Zigbee and OpenThread Border Router Host services. Pre-integrated with an advanced software suite, including QuickSet 7 with homeSense technology, and new capabilities such as Edge AI processing, video stream decoding, QuickSet Widget Pro is designed for the future of home intelligence. Additionally, UEI will preview its UE983 BLE 5.4 + Thread/Zigbee/RF4CE SOC set to launch in 2025.

Updates to QuickSet Cloud & nevo®.ai

• Showcasing major updates to our AI-powered solutions in QuickSet Cloud and nevo.ai, that deliver unmatched discovery and personalization of devices, services and content across major touchpoints in the home. From the large screen - the Smart TV, to the smallest - the Thermostat controller, solutions that personalize and guide user onboarding; provide recommendations to enhance user enjoyment; and on-demand AI-powered support to maintain high user engagement.

UEI TIDE Climate Control & Sensing

• Introducing new capabilities in the existing range of connected, smart thermostats, UEI TIDE adds new control features and services for US and European central AC/heating systems and mini-split systems worldwide. With the addition of a more powerful privacy-first, occupancy & presence detection powered by QuickSet homeSense, coupled with a built-in rules-engine and energy insight services. UEI will also highlight new capabilities to personalize home control and manage a mix of Thread and IP Matter devices in the home in a powerful new platform.

Battery-Free Voice Remotes

• In the realm of home entertainment control, UEI will showcase its UEI Eterna sustainable remote family, including XLR, a Battery-free remote control with a new slim design that delivers all the functionalities demanded from today’s voice-enabled entertainment controllers, in the most energy-efficient platform yet.

Arsham Hatambeiki, SVP of Products and Technology at UEI, commented, "We are thrilled to present our latest innovations at CES. Our new products and technologies are designed to make the smart home more intuitive, efficient, and personalized while protecting users’ privacy. We believe these advancements will tackle key roadblocks in building more intelligent homes, enhancing user experiences and putting intuitive control at the center."

Join UEI at the Venetian Expo, Booth #53023, starting January 7^th through 10^th, 2025 to experience these groundbreaking technologies firsthand and see how they are shaping the future of user touchpoints in the home.

Universal Electronics Inc. (NASDAQ: UEIC) is the global leader in universal wireless control solutions for the home. The company brings to life millions of innovative control products each year that focus on a user-centric approach to designing and creating solutions and applications that simplify user interaction with highly complex technologies in the home and removing interoperability challenges as a roadblock for user adoption, with a privacy first and secure by design approach to today’s smart devices.

QuickSet® and Nevo® are a registered trademark of Universal Electronics Inc.
All trademarks appearing herein are the property of their respective owners.

Safe Harbor Statement

This press release contains forward-looking statements that are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, delivery, technical performance, and market acceptance of products and technologies identified in this release; the purchasing by UEI customers of the UEI QuickSet homeSense, Nevo, UEI Tide, and UEI Eterna XLR family of products and services identified in this release in the quantities anticipated by management; the adoption of the Thread and Matter interoperability technologies identified in this release by UEI customers, the continued penetration and growth of UEIs software and services based solutions and other products and consumer technologies identified in this release; and other factors described in UEI’s filings with the Securities and Exchange Commission. The actual results that UEI achieves may differ materially from any forward-looking statement due to such risks and uncertainties. UEI undertakes no obligations to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241218204641/en/

Media Contact:

Hemco Arentsen

Director of Marketing Communications

harentsen@uei.com

Source: Universal Electronics Inc.

FAQ

What new products will UEIC showcase at CES 2025?

UEIC will showcase QuickSet 7 with homeSense Technology, QuickSet Widget Pro with UE72Y and UE72X models, updated QuickSet Cloud & nevo.ai solutions, UEI TIDE Climate Control, and the UEI Eterna battery-free voice remote family.

What are the key features of UEIC's new QuickSet 7 technology?

QuickSet 7 features homeSense technology for personalized experiences in energy management and entertainment control, Matter Controller capabilities, OpenThread Border Router integration, and enhanced video and audio content discovery.

What connectivity features do the new UEIC UE72Y and UE72X models offer?

The new models feature dual-band Wi-Fi 6, Bluetooth 5.3, and support for Matter, Zigbee and OpenThread Border Router Host services, along with Edge AI processing and video stream decoding capabilities.

How does UEIC's new battery-free XLR remote contribute to sustainability?

The UEI Eterna XLR remote is a battery-free device that delivers voice-enabled entertainment control functionality while being energy-efficient, reducing environmental impact by eliminating battery waste.