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Sonova unveils new AI-powered hearing-aid platform to support growth targets | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Sonova unveils new AI-powered hearing-aid platform to support growth targets | The Express Tribune

Sonova unveils new AI-powered hearing-aid platform to support growth targets | The Express Tribune

Sonova’s Anders Rosengren said Phonak EON is smaller, lighter and uses AI to improve speech clarity

Logo of Swiss hearing aid maker Sonova is seen at the company’s headquarters in Staefa, Switzerland May 16, 2017. REUTERS

Sonova launched its third hearing-aid platform utilising real-time AI on Monday, its latest effort to ​strengthen its position in a market that relies on ‌rapid technology upgrades to shorten replacement cycles and attract first-time users.

The Swiss company was the first one to roll out a hearing aid that used ​real-time AI to separate speech from background noise in ​2024.

Anders Rosengren, the head of research and development at ⁠Sonova, said the new Phonak EON platform offers a smaller, ​lighter device with an advanced AI that makes speech twice as ​understandable while requiring less listening effort.

The new platform is likely to be viewed as an important factor for Sonova to reach its medium-term growth targets that ​were met with investor scepticism in March.

“We expect EON adoption ​to build quickly among both replacement and new customers,” said Oliver Lux, ‌president ⁠of Sonova’s EMEA and Latin America regions.

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While Sonova did not disclose pricing details, Lux said EON was designed to support the company’s premium market positioning at launch.

Monday’s US launch will be followed ​by Australia and ​key European ⁠markets including Germany, France, Italy and Britain in mid-September, before a broader global roll-out.

Sonova continues to ​see positive market dynamics across its key markets, ​and especially ⁠in Asia-Pacific and Latin America, Lux said.

Under CEO Eric Bernard, who took office last September, Sonova has increasingly highlighted Asia-Pacific as a key growth ⁠region, ​where it seeks to expand volumes ​and strengthen its presence in faster-growing markets that are buoyed by ageing populations.

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