Elliptic Laboratories AS (DE:EIP) has released an update.
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Elliptic Laboratories AS is ramping up its presence in the smartphone market with its AI Virtual Proximity Sensor, which has been implemented in 66 models, representing around 40% of all smartphone launches. The company aims to enhance transparency by introducing monthly updates on smartphone announcements featuring their technology starting February 2025. Their software-only solution not only reduces device costs but also eliminates the need for hardware sensors, marking a significant step in device innovation.
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