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An announcement from Elliptic Laboratories AS ( (DE:EIP) ) is now available.
Elliptic Labs announced the deployment of its AI Virtual Smart Sensor Platform on 12 new smartphone models in June 2025, totaling 36 launches for the year. This expansion underscores the company’s commitment to reducing device costs and sourcing risks by replacing hardware sensors with software solutions, enhancing their market position in the smartphone industry.
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 through contextual intelligence. Their technology, deployed in over 500 million devices, utilizes deep neural networks to create software-only solutions that improve device personalization, privacy, and productivity. The company operates across various international markets, including the USA, China, South Korea, Taiwan, and Japan, and is listed on the Oslo Stock Exchange.
YTD Price Performance: 25.19%
Average Trading Volume: 284,304
Current Market Cap: NOK1.38B
For detailed information about EIP stock, go to TipRanks’ Stock Analysis page.