Universal Electronics Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Richard K. Carnifax
- Full Time Employees
- 3,838
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Address
- Scottsdale Quarter Scottsdale AZ United States of America 85254-2494
- IPO Date
- Feb 12, 1993
- CIK
- 0000101984
- Website
- uei.com
- Similar Companies
- Business
- Universal Electronics Inc. designs, develops, manufactures, ships, and supports wireless universal control and sensing technology solutions for home entertainment and smart home devices. The company's core product portfolio includes radio frequency (RF) capable and voice-enabled universal remote controls; low-power RF and energy-harvesting microcontrollers; embedded and cloud software platforms; and proprietary and standards-based RF sensors for residential security, safety, and home automation. It also provides wall-mount and handheld thermostat controllers, connected accessories for smart energy management systems, and audio-video accessories including replacement remote controls, free-to-air antennas, and television and soundbar wall mounts. Its software and technology solutions enable devices such as smart TVs, hybrid set-top boxes, audio systems, smart speakers, and game consoles to wirelessly connect and interoperate within home networks. Additionally, the company licenses its intellectual property primarily to OEMs and video service providers. Universal Electronics serves clients in consumer electronics, subscription broadcast, security, home automation, hospitality, and climate control markets. Universal Electronics operates globally with over 4,100 employees across more than 30 countries, maintaining manufacturing facilities, R&D centers, and regional headquarters in regions including the United States (Scottsdale, Arizona headquarters), the Netherlands, Hong Kong, China, Europe, Asia, and Latin America. Founded in 1986, it has established itself as a global leader in universal control and sensing technologies for the smart home. Major customers include Fortune 500 companies such as Comcast, Vivint Smart Home, Samsung, LG, Sony, and Daikin. Recent strategic developments include the launch of its QuickSet homeSense technology revealed at CES 2025, marking a significant innovation in smart home sensing and control solutions. The company has secured design wins and initiated new production with key partners such as Carrier, Daikin, and multiple smart home solution leaders, reinforcing its footprint in the connected home and video service provider markets. Fiscal performance improvements in 2024 reflect solid sales growth, margin expansion, and enhanced profitability driven by customer acquisition initiatives and operational cost management. The company anticipates continued top- and bottom-line growth into 2025 supported by expanding product offerings and strategic partnerships across its core market segments. Universal Electronics remains committed to sustainability with initiatives aimed at reducing environmental impact through innovative product design and manufacturing processes. It supports a broad array of home entertainment and smart home products spanning universal remotes, thermostats, sensors, cloud software, and embedded circuit technology, underpinning its leadership in universal remote and sensing technology for smart environments worldwide.
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