tiprankstipranks
Company Announcements

Elliptic Labs Expands Reach with Transsion Contract

Elliptic Labs Expands Reach with Transsion Contract

Elliptic Laboratories AS (DE:EIP) has released an update.

Elliptic Labs has inked a new licensing agreement with smartphone maker Transsion to incorporate its AI Virtual Proximity Sensor INNER BEAUTY into future devices. This innovative, software-based solution enhances user experience by disabling the screen during calls to prevent accidental touches and save battery life, also offering a cost-effective alternative to traditional hardware sensors. As a global leader in AI Virtual Smart Sensors, Elliptic Labs’ technology is already integrated into over 500 million devices worldwide.

For further insights into DE:EIP stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1