Universal Electronics

Designs and manufactures smart home technologies

Santa Ana, California, United States

About Universal Electronics

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, allowing for seamless integration of various devices in the home. Unlike many competitors, UEI focuses on both hardware and software, providing a comprehensive approach to smart home technology. The company's goal is to promote sustainability by creating energy-efficient products, such as occupancy-aware smart thermostats, that help reduce energy consumption.

Santa Ana, CaliforniaHeadquarters
1986Year Founded
IPOCompany Stage
Energy, Consumer Software, Consumer GoodsIndustries
1,001-5,000Employees

Risks

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.

Differentiation

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.

Upsides

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.