Oslo, Norway — 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 announcing an expansion contract for at least 20 confirmed models with a Top-5 global smartphone maker, with a guaranteed minimum license fee for each model. These models are scheduled for phased rollout over the upcoming 12-15 months.
“The largest smartphone makers in the world continue to choose our AI Virtual Smart Sensor Platform™ to drive innovation and deliver value to their end customers,” stated Laila Danielsen, CEO of Elliptic Labs. “Our smartphone business is growing healthily, and as we mature, we are increasingly demonstrating the economies of scale that the biggest smartphone OEMs rely on to create greener, smarter, and more user-friendly devices.”
