BNET Industries
Market Cap:$317.5M
Last Fiscal Year Sales:$287.1M
- Public
- US
Dow Jones Description
We have developed a broad line of pre-programmed universal wireless control products and audio-video accessories that are marketed to enhance home entertainment systems. Our customers operate in the consumer electronics market and include OEMs, MSOs (cable and satellite service providers), international retailers, CEDIA (Custom Electronic Design and Installation Association), U.S. retailers, private labels, and companies in the computing industry. We also sell integrated circuits, on which our software and IR code database is embedded, to OEMs that manufacture wireless control devices, cable converters or satellite receivers for resale in their products. We believe that our universal remote control database contains device codes that are capable of controlling virtually all infrared remote (IR) controlled TVs, DVD players, cable converters, CD players, audio components and satellite receivers, as well as most other infrared remote controlled devices worldwide. Beginning in 1986 and continuing today, we have compiled an extensive library that covers over 409,000 individual device functions and over 3,630 individual consumer electronic equipment brand names. Our library is regularly updated with IR codes used in newly introduced video and audio devices. All IR codes are captured from the original manufacturers remote control devices or manufacturers specifications to ensure the accuracy and integrity of the database. ...
Number of Employees 433
Peer Companies
NAICS Code Audio and Video Equipment Manufacturing: 334310
Recent Events
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Universal Electronics Reports Third Quarter 2009 Financial Results
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Universal Electronics Inc. to Announce Third Quarter 2009 Financial Results on November 5, 2009
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UEI QuickSet Revolutionizes Set Up of Remote Controls for Home Audio Video Enthusiasts
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Avondale Partners Upgrades Universal Electronics UEIC to Outperform
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Universal Electronics Issues 2Q Financial Results
News & Analysis
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electronics and universal electronics inc. - All News and Analysis
LodgeNet Selects Universal Electronics to Develop SIGNETURE HDTV Remote Controls for Hospitality Industry; UEI Develops Custom-Designed, Patented Universal Control for Deployment With LodgeNet SIGNETURE HDTV Systems
- 2006-06-20
CYPRESS, Calif. -- Universal Electronics Inc. UEI (NASDAQ:UEIC) announced that LodgeNet Entertainment Corporation (NASDAQ:LNET) has selected UEI to develop remotes for enabling control of digital entertainment and services at hotels installed with LodgeNet's digital-to-the-room, SIGNETURE HDTVSM platform. The new remote controls feature UEI's patented backlighting technology and other capabilities in...
Universal racks up new orders. (Universal Electronics Inc.)
- 1997-11-03
As part of a strategy to secure long-term sales agreements, Universal Electronics Inc. in Twinsburg will sell 2 million remote controls to MediaOne, a division of U.S. West Media Group. "This is a big relationship for us, and we're excited that tAs part of a strategy...
Universal Electronics sees path to turnaround. (Universal Electronics Inc.)
- 1997-08-04
Sales to cable, satellite companies surging Universal Electronics Inc. is in the crossfire of a raging war, and if David Gabrielsen has his druthers, the battles won't end soon. Mr. Gabrielsen, chief executive of the Twinsburg-based manufacturer of reSales to cable, satellite companies surging Universal...
Universal locks into security.(Universal Electronics Inc. to expand home security electronics business)
- 1996-06-10
Universal Electronics Inc. has opted to expand its home security electronics business. Using radio frequency and infrared technologies, Universal plans to develop a whole line of home security and convenience systems. Company officials say Universal hopesUniversal Electronics Inc. has opted to expand its home security electronics business. Using radio frequency...
Universal seeks tax abatement. (Universal Electronics Inc.)
- 1995-05-01
In an effort to restore its profitability, Universal Electronics Inc. has eliminated its in-house sales force and has began a search for a home base that's willing to give tax breaks to the maker of remote controls. "We are paying an exorbitant aIn an effort to...
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Industry Transcripts by Seeking Alpha
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LoJack Corp. Q3 2009 Earnings Call Transcript
on Dec 18, 2009about LOJN
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Palm, Inc. F2Q10 (Qtr End 11/27/09) Earnings Call Transcript
on Dec 18, 2009about PALM
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Research In Motion F3Q10 (Qtr End 11/28/09) Earnings Call Transcript
on Dec 17, 2009about RIMM
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Celestica, Inc. Q3 2009 Earnings Call Transcript
on Dec 17, 2009about CLS
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Oracle F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about ORCL
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