Universal Electronics (UEIC)

Overall impact
D (39)

Commentary

Universal Electronics is a below-average overall performer. With a 'D' rating of 38.8 for overall impact (bottom 25% of all companies), Universal Electronics ranks 25th out of 34 industry peers, behind Koss, Boxlight, Vitec and 21 others, and ahead of Vuzix, Haier Smart Home, Eastman Kodak and 6 others. On top material causes for Universal Electronics's industry (Consumer Discretionary Products), Universal Electronics performs poorly in Reduced Green House Gas Emissions (28.9 score), Conflict Free Mineral Production (27.6), Quality Lifelong Education (12.7) and 12 other causes where it received a 'D' or 'F' score. Universal Electronics did not receive an 'A' rating on any cause.
Impact
Cause UEIC
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Overall impact

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Company
Founded
1986
Employees
3,099
Sector
Consumer Discretionary
Industry
Household Durables
Sub-industry
Consumer Electronics
SASB industry
Electrical & Electronic Equipment
Headquarters
Az, United States
Share classes
UEIC
Description
Universal Electronics Inc. designs, develops, manufactures, ships, and supports home entertainment control products, technology and software solutions, climate control solutions, wireless sensors and smart home control products, and audio-video accessories. The company offers radio frequency (RF) capable and voice-enabled universal remote control products; and low-power RF and energy-harvesting microcontrollers, and embedded and cloud software to video service providers and consumer electronics original equipment manufacturers (OEMs). It also distributes a portfolio of replacement remote controls, free-to-air antennas, and television and soundbar wall mounts directly to retailers. Additionally, Universal Electronics provides wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators. The company offers proprietary and standards-based RF sensors for residential security, safety, and home automation applications, as well as integrated circuits, on which its software and universal device control database are embedded to OEMs, video service providers, smart home dealers, and private label customers. The company offers software, firmware, and technology solutions that enable devices, such as smart TVs, hybrid set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to wirelessly connect and interoperate within home networks. It also provides cloud-enabled software for firmware update provisioning and digital rights management validation services to consumer electronics brands, as well as licenses intellectual property to OEMs and video service providers. Universal Electronics Inc. has operations in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is based in Scottsdale, Arizona.
Material causes
Ethos considers the following causes material for Universal Electronics, based on its industry sub-industry Consumer Electronics. Learn more about material causes in our methodology overview.

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