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The document is the annual report for Universal Electronics Inc. for the fiscal year ended December 31, 2007. It provides a comprehensive overview of the company's business operations, financial performance, and strategic direction. Key highlights include a revenue increase of 15.6% to $272.7 million, net income growth to $20.2 million, and an improved operating margin of 9.7%. The report discusses the company's focus on wireless control technology for home entertainment systems, its market presence in subscription broadcasting and OEM sectors, and ongoing product development efforts. Additionally, it outlines risks related to customer dependence, supply chain management, and foreign currency fluctuations.

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