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Elliptic Labs Expands Reach with Transsion Contract
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Elliptic Labs Expands Reach with Transsion Contract

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

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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.

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