Sonova's shares rise as it launches hearing aid with AI, new platform
06/08/2024 08:38
** Shares in Sonova SOON.S rise almost 4% after the Swiss
group introduced a hearing aid that utilises real-time AI, first
in the market
** Both new products - the hearing aid Sphere Infinio and
the accompanying Infinio platform - are aimed to improve speech
clarity from background noise
** "Our first impression is that Sonova has launched an
interesting product platform, which is likely to accelerate
growth in H2 2024/25," Niels Granholm-Leth, analyst from
Carnegie, says
** Sonova's announcement follows probably the biggest
engagement and excitement campaign made by any hearing aid
manufacturer, Granholm-Leth adds
** The stock is the top performer on the Swiss blue-chip
index .SSMI
(Reporting by Anastasiia Kozlova and Amir Orusov)
((Anastasiia.Kozlova@thomsonreuters.com;
Amir.Orusov@thomsonreuters.com))