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Universal Electronics Inc

40 years of manufacturing excellence. | East West Wisconsin (Formerly Universal Electronics, Inc.) has been providing contract electronics manufacturing...

Universal Electronics Inc logo

Universal Electronics Inc

40 years of manufacturing excellence. | East West Wisconsin (Formerly Universal Electronics, Inc.) has been providing contract electronics manufacturing services to the Medical, Industrial, Scientific Instrumentation and Agriculture markets for over 40 years. East West provides a full suite of services with a focus on high mix, low-to-medium volume, from design to full box build and fulfillment services for your products.

General information

Firm type

other

Year founded

1986

Location

Region

North America

Country

United States

City

Scottsdale

Corporate office

Scottsdale, AZ, United States

Principals

Arsham Hatambeiki

Senior Vice President of Product and Technology

Bryan Hackworth

Chief Financial Officer (interim)

Paul Arling

Chief Executive Officer (retired 2020)

Sector focus

Consumer ElectronicsSmart HomeIoT

Frequently asked questions

How does Universal Electronics generate recurring revenue?

UEI licenses patented control software and designs to device manufacturers, earning a per-unit royalty on every remote or smart-home product shipped. This license income accounted for over 60% of the company's gross profit in 2023, according to its 10-K filing.

What investment stages does Universal Electronics operate across?

As a public company in the consumer electronics supply chain, UEI does not invest externally in stages typical of venture or private equity. Its capital is deployed internally into R&D, IP acquisition, manufacturing capacity, and strategic partnerships with OEMs and service providers.

Does Universal Electronics pay dividends or have a buyback program?

UEI has not paid dividends historically; it reinvests free cash flow into R&D and operating expenses. The company maintained a share repurchase program active as of 2023, used periodically to offset dilution.

Who are Universal Electronics' main customers?

The company lists Comcast, Amazon, Roku, ADT, and Cox Communications as direct clients, with a long tail of smaller cable operators. Its licensee base includes Samsung, LG, and Sony for TV control integration.

What sector concentration risk does Universal Electronics face?

UEI's revenue remains tied to the pay-TV industry: fixed wireless and streaming migration reduce subscriber counts, potentially shrinking royalty volumes. The company's pivot to smart-home and IoT aims to offset this exposure.

How is Universal Electronics governed?

UEI is a publicly traded corporation (NASDAQ: UEIC) with a board of directors elected by shareholders. Recent activist involvement led to the addition of a Legion Partners designee in 2024.

What intellectual property does Universal Electronics own?

As of 2025, UEI held over 700 issued and pending patents globally, covering universal remote protocols, voice assistant integration, device discovery, and automatic code setup.

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