Elliptic Laboratories AS (DE:EIP) has released an update.
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.
For further insights into DE:EIP stock, check out TipRanks’ Stock Analysis page.