Elliptic Laboratories AS (DE:EIP) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Elliptic Labs has introduced its software-based AI Virtual Proximity Sensor INNER BEAUTY on the HONOR Play 60 Plus, aiming to enhance user experience by preventing unintended actions during calls and saving battery life. The sensor technology is part of a broader suite of AI Virtual Smart Sensors developed by Elliptic for various electronics, which are already in use in over 500 million devices worldwide. By utilizing this software-only approach, the company provides a cost-effective and risk-reducing alternative to traditional hardware sensors.
For further insights into DE:EIP stock, check out TipRanks’ Stock Analysis page.