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Elliptic Laboratories AS ( (DE:EIP) ) has shared an announcement.
Elliptic Labs announced the deployment of its AI Virtual Smart Sensor Platform on four new smartphone models in October 2025, bringing the total to 58 models for the year. This expansion underscores the company’s commitment to reducing device costs and sourcing risks by replacing hardware sensors with software solutions, thereby enhancing its industry positioning and offering stakeholders a competitive edge in the smartphone market.
More about Elliptic Laboratories AS
Elliptic Labs is a global AI software company headquartered in Norway, specializing in AI Virtual Smart Sensors that enhance user experiences by providing contextual intelligence to devices. Their technology, deployed in nearly 1 billion devices, uses proprietary deep neural networks to create AI-powered Virtual Smart Sensors that improve personalization, privacy, and productivity. The company operates in multiple countries, including the USA, China, South Korea, Taiwan, and Japan, and is listed on the Oslo Stock Exchange.
YTD Price Performance: -3.63%
Average Trading Volume: 323,476
Current Market Cap: NOK1.06B
Learn more about EIP stock on TipRanks’ Stock Analysis page.