Elliptic Labs Shipping on vivo V30e Smartphone
Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices, is shipping its AI Virtual Proximity Sensor™ INNER BEAUTY® on vivo’s latest smartphone, the vivo V30e. The vivo V30e will be available for the global market. The vivo V30e smartphone is run by Elliptic Labs’ partner Qualcomm’s Snapdragon 6 Gen 1 chipset. Elliptic Labs previously announced this contract.
“Elliptic Labs' launch of the AI Virtual Smart Sensor Platform™ in vivo's value-drive V30e design is our eighth deployment with vivo,” said Laila Danielsen, CEO of Elliptic Labs. “The continued growth of the number of vivo devices utilizing our AI Virtual Proximity Sensor INNER BEAUTY demonstrates the value of our expertise in AI/ML, ultrasound, and sensor-fusion technologies. Consistently achieving design wins with top global smartphone makers like vivo drives Elliptic Labs to keep driving the development of products that are greener, smarter, and more human-friendly.”
AI Virtual Proximity Sensor INNER BEAUTY
Elliptic Labs’ AI Virtual Proximity Sensor detects when a user holds their phone up to their ear during a call, allowing the smartphone to turn off its display and disable its screen’s touch functionality. This keeps the user’s ear or cheek from triggering unwanted actions during the call, such as hanging up or dialing numbers. Turning off the screen also helps conserve battery life.
Proximity detection is a core capability that is used in all smartphones, but Elliptic Labs’ AI Virtual Proximity Sensor is a unique, software-only solution that delivers robust proximity detection without the need for a dedicated hardware sensor. By replacing hardware sensors with software sensors, the AI Virtual Proximity Sensor reduces device cost and eliminates sourcing risk.
INNER BEAUTY is a registered trademark of Elliptic Labs.
AI Virtual Smart Sensor, AI Virtual Proximity Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.
All other trademarks or service marks are the responsibility of their respective organizations.
About Elliptic Labs
Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as a research spin-off from Norway’s Oslo University, the company’s patented software uses AI, ultrasound, and sensor fusion to deliver intuitive 3D gesture, proximity-, presence-, breathing- and heartbeat-detection experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, human-friendly, and already deployed in hundreds of millions of devices around the world. Elliptic Labs is the only software company that has delivered detection capabilities using AI software, ultrasound, and sensor fusion deployed at scale. The company joined the Oslo Børs main listing in March 2022.
Elliptic Labs is headquartered in Norway with presence in the USA, China, South Korea, Taiwan, and Japan. Its technology and IP are developed in Norway and are solely owned by the company.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240505302428/en/
Elliptic Laboratories As Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Elliptic Laboratories As stock is not clear.
With a target price of 6 € there is potential for a 505.45% increase which would mean more than doubling the current price of 0.99 € for Elliptic Laboratories As.