Customer concentration
A limited number of large OEMs and service providers can account for significant sales.
- Scope
- Daikin Industries Ltd. represented more than 10% of net sales in recent years.
- Materiality
- high
Universal Electronics Inc. designs and supplies control and connectivity products for the home, including remote controls, smart-home control devices, thermostats, and related software services. The company operates through a single reportable segment with a global footprint spanning the United States, Europe, Asia, and Latin America, supported by subsidiaries, R&D teams, and manufacturing facilities across multiple countries.
2,1 %
28,9 %
−5,1 %
−6,7 %
1.72
1.07
| % | |
|---|---|
| Home entertainment control | 40% Remote controls and related accessories used to control TVs, set-top boxes, and streaming devices. |
| Climate control | 30% Thermostat platforms and HVAC control products for residential and commercial systems. |
| Connected home and security | 15% Control products and technologies for smart home, security, and automation devices. |
| Software and cloud services | 10% QuickSet, QuickSet Cloud, and lifecycle device-management services for interoperability and personalization. |
| Intellectual property licensing | 5% Licensing of device libraries, firmware, and control technologies to OEMs and service providers. |
UEI sells to video service providers, OEMs, retailers, private label customers, and independent distributors that...
Buy remote controls and software that support set-top boxes, streaming devices, and TV platforms.
Buy interoperability software, device libraries, and control solutions for TVs and media devices.
Buy smart thermostat platforms and control technologies for residential and commercial climate systems.
Buy universal remotes and accessory products for resale through consumer channels.
Buy connected-home control products and embedded software for automation and security use cases.
UEI operates globally, with subsidiaries in North America, Europe, Asia, and Latin America and R&D teams in the U.S...
UEI is focused on expanding its climate-control franchise, broadening QuickSet Cloud and AI-enabled software offerings,...
HVAC control is a strategic growth area and deepens UEI's OEM relationships.
Software can increase recurring revenue and strengthen interoperability across devices.
New categories can extend the company beyond traditional remote controls.
A diversified footprint helps manage supply chain and tariff exposure.
UEI is exposed to customer concentration, consumer demand swings, and trade-policy risk because its products are sold...
A limited number of large OEMs and service providers can account for significant sales.
Manufacturing and sourcing are spread across Vietnam, the PRC, Mexico, and Brazil.
Cloud services, device data, and customer information must be protected across systems.
Demand for control products depends on consumer electronics and durable-goods cycles.
OEM programs can be delayed, redesigned, or lost to competitors.
UI · Radio & Tv Broadcasting & Communications Equipment
VWAV · Services-Prepackaged Software
ULBI · Miscellaneous Electrical Machinery, Equipment & Supplies
Q · Semiconductors & Related Devices
FCUV · Industrial Instruments For Measurement, Display, and Control
QUBT · Services-Prepackaged Software
: 29/04/2026