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0.00821727019498609 0.0236768802228412 0.0584958217270195 0.0654596100278551 0.033426183844011 -0.00348189415041788 0.0027855153203342 -0.0139275766016713
Stock impact report

Enovix Reports Progress on 2025 Smartphone Launch

Enovix Corporation (ENVX) 
Company Research Source: GlobeNewswire
FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a development agreement executed in October 2024 with a leading smartphone OEM. The samples were customized to specific requirements of the OEM, including cycle life, fast charge and energy density levels which Enovix believes are superior to any product available on the market today. This development builds on recent achievements, including the completion of an ISO 9001:2015 audit of Fab2 in Malaysia with no major or minor findings. Enovix received formal ISO certification last week. “I am pleased that our team continues to progress our most advanced smartphone agreement in-line with our aim for mass production late 2025,” said Enovix CEO Raj Talluri. “Passing the ISO audit and receiving the certification was also a signifi Show less Read more
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