{"id":446530,"date":"2021-03-01T02:03:11","date_gmt":"2021-03-01T07:03:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=446530"},"modified":"2021-03-01T02:03:11","modified_gmt":"2021-03-01T07:03:11","slug":"new-large-smartphone-manufacturer-signs-software-license-contract-with-elliptic-labs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-large-smartphone-manufacturer-signs-software-license-contract-with-elliptic-labs\/","title":{"rendered":"NEW Large Smartphone Manufacturer Signs Software License Contract With Elliptic Labs"},"content":{"rendered":"

<\/p>\n

NEW Large Smartphone Manufacturer Signs Software License Contract With Elliptic Labs<\/b><\/p>\n

This new customer plans to make 100 million smartphones in 2021<\/b><\/p>\n

OSLO, Norway–(BUSINESS WIRE<\/a>)–Elliptic Labs<\/a> (EuroNext Growth: ELABS.OL<\/a>) has signed a software license agreement contract with a large new customer that plans to produce 100 million smartphones in 2021. This large Asian smartphone OEM has chosen Elliptic Labs\u2019 INNER BEAUTY\u00ae<\/sup> AI Virtual Proximity Sensor to power proximity detection in its upcoming mid-end smartphone as a start. The introduction of Elliptic Labs\u2019 AI Virtual Smart Sensor platform into its smartphone portfolio also opens up new capabilities for the OEM, allowing them to incorporate features such as touchless gesture detection into their future smartphone models.\n<\/p>\n

\n\u201cThis is a big win for us and we are thrilled to have secured an enterprise license contract with another leading smartphone brand,\u201d explained Elliptic Labs\u2019 CEO Laila Danielsen. \u201cWith manufacturers constantly seeking better solutions in order to add more intelligence to their devices, it is imperative that the solutions also are greener and more ecologically responsible. Elliptic Labs\u2019 software-only solution reduces the need to mine rare minerals to create more hardware sensors. Furthermore, by using our AI Virtual Smart Sensor Platform to make devices more contextually aware, OEMs are able to turn off devices when users are not nearby, thereby saving on power and emissions as well.\u201d\n<\/p>\n

\nINNER BEAUTY is a registered trademark of Elliptic Labs.\n<\/p>\n

\nAll other trademarks or service markets are the responsibility of their respective organizations.\n<\/p>\n

About Elliptic Labs<\/b><\/p>\n

\nElliptic Labs is headquartered in Norway with presence in the USA, China, South Korea, Taipei, and Japan. Founded in 2006 as a research spin-off from Norway\u2019s Oslo University, it is now a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. The company\u2019s patented AI software combines ultrasound and sensor-fusion algorithms to deliver intuitive 3D gestures, proximity, and presence-sensing experiences. Its scalable AI Virtual Smart Sensor platform creates software-only sensors that are sustainable, eco-friendly, and currently deployed in over 150 million devices. Elliptic Labs is the only software company in the world that has delivered detection capabilities using AI software, ultrasound, and sensor-fusion technology at scale. Elliptic Labs\u2019 platforms and IP are developed in Norway and owned solely by the company.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210228005071\/en\/<\/a><\/span><\/p>\n

Investor Relations:
\n<\/b>
Thor A. Talhaug
\n
talhaug@ellipticlabs.com<\/a><\/p>\n

PR Contacts:
\n<\/b>
Patrick Tsui
\n
pr@ellipticlabs.com<\/a><\/p>\n

KEYWORDS:<\/b> Norway China Europe Asia Pacific<\/p>\n

INDUSTRY KEYWORDS:<\/b> Consumer Electronics Technology Mobile\/Wireless Telecommunications Software Hardware<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

NEW Large Smartphone Manufacturer Signs Software License Contract With Elliptic Labs This new customer plans to make 100 million smartphones in 2021 OSLO, Norway–(BUSINESS WIRE)–Elliptic Labs (EuroNext Growth: ELABS.OL) has signed a software license agreement contract with a large new customer that plans to produce 100 million smartphones in 2021. This large Asian smartphone OEM has chosen Elliptic Labs\u2019 INNER BEAUTY\u00ae AI Virtual Proximity Sensor to power proximity detection in its upcoming mid-end smartphone as a start. The introduction of Elliptic Labs\u2019 AI Virtual Smart Sensor platform into its smartphone portfolio also opens up new capabilities for the OEM, allowing them to incorporate features such as touchless gesture detection into their future smartphone models. \u201cThis is a big win for … <\/p>\n

Continue reading “NEW Large Smartphone Manufacturer Signs Software License Contract With Elliptic Labs”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-446530","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNEW Large Smartphone Manufacturer Signs Software License Contract With Elliptic Labs - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-large-smartphone-manufacturer-signs-software-license-contract-with-elliptic-labs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEW Large Smartphone Manufacturer Signs Software License Contract With Elliptic Labs - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW Large Smartphone Manufacturer Signs Software License Contract With Elliptic Labs This new customer plans to make 100 million smartphones in 2021 OSLO, Norway–(BUSINESS WIRE)–Elliptic Labs (EuroNext Growth: ELABS.OL) has signed a software license agreement contract with a large new customer that plans to produce 100 million smartphones in 2021. This large Asian smartphone OEM has chosen Elliptic Labs\u2019 INNER BEAUTY\u00ae AI Virtual Proximity Sensor to power proximity detection in its upcoming mid-end smartphone as a start. 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