Universal Electronics Shifts To Smart Home From TV Remotes

Patrick Seitz for Investors Business Daily:  Universal Electronics (UEIC) is known for its remote controls for TVs and entertainment systems, but increasingly the company wants to be a player in the smart home.

The Santa Ana, Calif.-based company exhibited a broad range of connected home devices at CES 2018. The four-day consumer electronics show ended Friday.

"For the smart home, in the past few years, we've acquired a couple of companies – Ecolink and RCS – that bring other products into our suite," Bob Maling, senior manager of applications engineering for Universal Electronics, told Investor's Business Daily. "You'll see thermostats, motion detection, safety and security systems, smoke alarms and other devices from us."

Much of Universal Electronics' business is through pay-TV service providers like Comcast(CMCSA), Charter Communications (CHTR) and Dish Network (DISH). As cable and telco companies sell and support more smart home devices, Universal Electronics wants to be able to offer them products.  Full Article:

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