An update from Elliptic Laboratories AS ( (DE:EIP) ) is now available.
Elliptic Labs announced the launch of vivo’s V50 and V50e smartphones, which feature their AI Virtual Smart Sensor Platform. This platform, which has been shipped on four smartphone models in 2025, includes the AI Virtual Proximity Sensor, a software-only solution that detects when a user holds their phone to their ear, turning off the display to prevent accidental actions and conserve battery life. This innovation reduces device costs and eliminates the need for hardware sensors, positioning Elliptic Labs as a leader in the smartphone industry by offering a unique, cost-effective alternative to traditional hardware sensors.
More about Elliptic Laboratories AS
Elliptic Labs is a global AI software company headquartered in Norway, specializing in AI Virtual Smart Sensors. Their technology is deployed in over 500 million devices worldwide, enhancing user experiences by improving personalization, privacy, and productivity. The company operates across various countries, including the USA, China, South Korea, Taiwan, and Japan, and is listed on the Oslo Stock Exchange.
YTD Price Performance: -0.70%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €91.86M
For a thorough assessment of EIP stock, go to TipRanks’ Stock Analysis page.