Universal Electronics reaches sustainability milestones in time for Earth Day
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in universal wireless control solutions for home entertainment and smart home devices, announced that it has achieved key milestones in its continuing mission to become a sustainable corporate citizen. With over 100 million wireless products shipped each year, the company understands its responsibility to reduce its environmental footprint and decarbonize its products.
Manufacturing milestone: 15 million refurbished and recycled remote controls
A key milestone the company has achieved in the past five years is the 15 millionth refurbished and fully recycled remote control to roll out of the factory in Monterey, Mexico. Remotes get a second life as field returns from cable or satellite TV providers in the United States. This effort allowed the company to recycle more than 667 tons of plastics.
Supply Chain Milestone: Innovation Award for Most Sustainable Packaging
Another key program the company has invested in is the elimination of single-use plastics. In 2021, UEI won the Packaging Innovation Awards Gold Award for its One For All retail product line. The Packaging Innovation Awards recognize outstanding packaging projects from around the world based on sustainability, technological developments and improved user experience. This has saved almost forty tons of plastic every year.
Decarbonization of products: No more need for batteries
The greatest impact on creating a cleaner environment is expected to come from breakthroughs in product and technology development. In addition to designing products that use recycled materials, are easy to refurbish and free of single-use plastic; the company now designs remotes that do not require battery replacement throughout the useful life of the product. To achieve this goal, UEI has invested in the UEI Eterna platform, a new benchmark design for remote controls that paves the way for a bright future with extended battery life.
Powered by the new UEI Extreme Low Power (XLP) system-on-chip (SOC) with energy harvesting technology, the product uses indoor light and Wi-Fi signals to power a full TV remote. This revolutionary innovation could save a significant number of batteries that could otherwise end up in landfills.
“Part of being a good corporate citizen is about contributing to a sustainable future. As the world’s leading manufacturer of wireless control and home automation solutions, we are committed to reducing the environmental impact of our products – through the development, manufacturing and recycling of our products,” said Enrique Suro, vice -President, Global Quality Assurance.
Finally, to ensure the business is consistent and can learn from the best in class, the company recently signed up as a member of the Responsible Business Alliance, the world’s largest industry coalition dedicated to responsible business. corporate social responsibility in global supply chains.
About Universal Electronics Inc.
Founded in 1986, Universal Electronics Inc. (NASDAQ: UEIC) is the global leader in universal wireless control solutions for home entertainment and smart home devices. We design, develop, manufacture, ship and support control and sensing technology solutions and a wide range of universal control systems, audio video accessories and smart wireless security and smart home products. Our products and solutions are used by the world’s leading brands in the video services, consumer electronics, security, home automation, air conditioning and appliance markets. For more information, visit www.uei.com.
Safe Harbor Statement
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and phrases reflecting something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the development, delivery, technical performance and market acceptance of the products and technologies identified in this release; the purchase by UEI customers of the UEI ETERNA products identified in this release in the quantities anticipated by management; the adoption of energy harvesting and low power technologies identified in this release by UEI customers, the continued penetration and growth of UEI low energy consumption technologies, energy harvesting, manufacturing from recycled materials and other consumer products and technologies identified in this release; and other factors described in UEI’s filings with the Securities and Exchange Commission. Actual results obtained by UEI may differ materially from any forward-looking statements due to such risks and uncertainties. UEI assumes no obligation to revise or update any forward-looking statements to reflect events or circumstances that may occur after the date of this release.