Universal Electronics Inc. (NASDAQ: UEIC) shares scale back late Tuesday, as the company which purports to be the worldwide leader in universal control technology for smart home and entertainment devices, announced that it is enabling whole home control inside its TIDE® line of smart thermostats. This latest innovation in expanded convenience and utility for climate control devices will be demonstrated at UEI’s booth #52023 in the Smart Home Pavilion at the Venetian Expo at the 2024 International Consumer Electronics Show.
Smart thermostats can now operate as the primary “always-on screen” in the home and play a pivotal role in providing a control interface for home devices and services. Nevo running on UEI TIDE Smart Thermostat family transforms this already-capable platform into a true smart home dashboard with an elegant user interface, tactile and touch user input, and built-in support for most essential wireless protocols for a complete smart living space.
Tuesday’s news release states its ontroller enables unique experiences between different brands and device categories without the need for an additional hub, addressing legacy and new devices, to create a personalized experience in any smart home. Powered by UEI’s QuickSet® Cloud, it blends smart home and entertainment control across UEI’s full line of TIDE Family of products, including UEI TIDE Dial and UEI TIDE Touch.
Next Generation of Home Control Experience Features Include a Smart Home Control Dashboard powered by Nevo, running on the UEI’s QuickSet Widget™ for seamless connectivity and control, and an automatic device discovery, and AI-supported device on-boarding for end-to-end control of smart home devices, including smart lighting, shades, climate and whole home audio, among other features.
UEIC shares dropped 43 cents, or 4.5%, to $8.97.