Elliptic Labs and Xiaomi Launch the Poco F4 GT Gaming Smartphone for Global Market
Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™, is launching its AI Virtual Proximity Sensor™ on Xiaomi’s upcoming Poco F4 GT gaming smartphone to the global market. Working with Elliptic Labs’ partner Qualcomm, the Poco F4 GT smartphone is driven by the Snapdragon 8 Gen 1 chipset. The contract for this launch was announced previously.
“Elliptic Labs continues to deliver powerful software-only AI Virtual Smart Sensors that empower global OEMs like Xiaomi to make devices smarter, greener, and more human friendly,” said Laila Danielsen, CEO of Elliptic Labs. “We are proud that our AI Virtual Smart Sensor Platform™ has enabled our partner Xiaomi to bring many smartphones to market that are delivering on their vision for innovation and growth.”
AI Virtual Proximity Sensor
Elliptic Labs’ AI Virtual Proximity Sensor turns off the smartphone’s display and disables the screen’s touch functionality when users hold the device up to their ear during a phone call. Without that capability to detect proximity, a user’s ear or cheek could accidentally trigger unwanted actions during a call, such as hanging up or dialing numbers while the call is ongoing. Turning off the screen automatically also helps conserve battery life. Proximity detection is a core capability that is used in all smartphones across today’s market. Elliptic Labs’ AI Virtual Proximity Sensor 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.
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 is listed on the Oslo Børs.
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.
AI Virtual Smart Sensor, AI Virtual Proximity Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.
All other trademarks or service markets are the responsibility of their respective organizations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220426006377/en/
Elliptic Laboratories As Stock
The community is currently still undecided about Elliptic Laboratories As with 1 Buy predictions and 0 Sell predictions.
Based on the current price of 1.05 € the target price of 6 € shows a potential of 472.52% for Elliptic Laboratories As which would more than double the current price.
