Smart Home Challenge Looms in Interopability: UEI SVP

Some 70% of U.S. households have a smart device, said Menno Koopmans, Universal Electronics Inc. senior vice president-global sales and marketing. They tend to be in different categories, creating a “fragmented” market, she told a Friday event. The key to the smart home succeeding is interoperability, Koopmans said: It's the next frontier for UEI. The company developed an Apple TV program for MVPDs built around that streaming player, and it wants to do more, said Koopmans. Colliers analyst Steven Frankel wrote investors Monday that the company is positioned to benefit from new offerings such as its Apple TV 4K remote.