The companies are set to demonstrate
unprecedented extension capability by supporting 4 independent
4K streams or an 8K video wall over a single copper cable.
HSIN
TIEN, Taiwan and HOD
HASHARON, Israel,
June 4,
2024 /PRNewswire/ -- Today, Valens Semiconductor
(NYSE: VLN), a leader in high-performance connectivity, and Good
Way Technology, one of the world's leading PC peripheral design and
manufacturing companies, announced a new suite of Good Way products
based on Valens Semiconductor's VS6320 chipset, compliant with the
HDBaseT-USB3 standard. The products will enable innovations in
multiple markets, such as video conferencing and video walls,
including an extension solution of four 4K streams over a single copper cable.
The Good Way products include the extension of SuperSpeed USB
and Power, combined with a USB Hub Switch Kit, based on Valens'
VS6320 chipset. These products, in combination with Synaptics'
DisplayLink technology, offer the video conferencing market a
simplified, cost-effective solution for supporting both appliance
mode and bring-your-own-meeting (BYOM) setups, opening the door for
the integration of docking stations into reasonably priced meeting
rooms. For the video wall market, the latest products provide
unprecedented support for 8K video
formats with the content extended via HDBaseT-USB3 over a single
100m copper cable.
The new Good Way product suite is enhanced by the Valens
Semiconductor VS6320 chipset, the first ASIC-based USB
3.2 high-performance extension solution on the market. The VS6320
is now available for mass production.
Good Way's products and the demonstration of the video wall
solutions will be on display at COMPUTEX Taipei on June 4-7 (Good Way Booth Q0916, Hall 2), and at
Infocomm on June 12-14 (Good Way
booth C9383 and HDBaseT Alliance Booth C5550).
"As a leading ODM for the USB peripherals market, we're excited
about the new opportunities presented by the robust USB extension
capabilities of Valens' VS6320 chipset," said Robert Tsao, CEO of Good Way Technology. "We've
seen significant demand from our customers for these solutions, and
we're already working with them to define next-generation
products."
"With the rise of hybrid conference rooms and proliferation of
USB devices, the importance of USB extension is becoming
paramount," said Gabi Shriki, Head
of Audio-Video Business at Valens Semiconductor. "Innovative
products, such as the new suite from Good Way, are accelerating
the implementation of video conferencing into all meeting
rooms."
"Combining Valens' extension with Good Way's expertise in
Synaptics' DisplayLink docking technology will enhance the
functionality and performance of multiple PC peripherals," said
Jeff Lukanc, VP, Video Interface
Marketing and Applications at Synaptics. "With the advent of
Valens' VS6320 USB-3 extension solution, we will be able to address
new verticals such as video conferencing, video wall, and point of
sale (POS). We look forward to sharing these solutions with our
customers at the upcoming conferences."
About Valens Semiconductor
Valens Semiconductor (NYSE:VLN) is a leader in high-performance
connectivity, enabling customers to transform the digital
experiences of people worldwide. Valens' chipsets are integrated
into countless devices from leading customers, powering
state-of-the-art audio-video installations, next-generation
videoconferencing, and enabling the evolution of ADAS and
autonomous driving. Pushing the boundaries of connectivity, Valens
sets the standard everywhere it operates, and its technology forms
the basis for the leading industry standards such as HDBaseT® and
MIPI A-PHY. For more information, visit
https://www.valens.com/.
About Good Way
Good Way Technology Co., Ltd (TPEX: 3272.TT) is an ODM leader
specialized in Computing & Mobile Peripherals as well as Smart
IoT Applications. We ride on the peak of technology and support our
brand customers with state-of-the-art innovations. Good Way is a
long-term strategic partner of tier one IC and Software companies,
allowing us to lead the market with integrated high-speed
Thunderbolt™ and USB laptop docking station solutions. Our
customers include well-known PC Brands, top Retail Brands and
Distributor Brands. On the Smart IoT side, Good Way provides
customized smart workspace applications to enterprises who require
easy massive deployments and big data analytics. Our software and
hardware solutions integrate security, stability, scalability, and
remote manageability via private, public, hybrid or on-premise
clouds. Good Way conducts business in all B2B, B2C and B2G segments
and is selected by our partners for quality, service, speed, cost
and innovation. Siot.goodway.com.tw.
About Synaptics Incorporated
Synaptics (Nasdaq: SYNA) is changing how humans engage with
connected devices and data, engineering exceptional experiences
throughout the home, at work, in the car, and on the go. Synaptics
is the partner of choice for the world's most innovative
intelligent system providers, who are integrating multiple
experiential technologies into platforms that make our digital
lives more productive, insightful, secure, and enjoyable. These
customers combine Synaptics' differentiated technologies in touch,
display, and biometrics with a new generation of advanced
connectivity and AI-enhanced video, vision, audio, speech, and
security processing. Follow Synaptics on Linkedin, X, and Facebook,
or visit www.synaptics.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding our anticipated future results, including
financial results, currency exchange rates, and contract wins, and
future economic and market conditions. These statements are based
on various assumptions, whether or not identified in this press
release, and on the current expectations of Valens Semiconductor's
("Valens") management and are not predictions of actual
performance. These forward-looking statements are provided for
illustrative purposes only and are not intended to serve as and
must not be relied on by any investor as, a guarantee, an
assurance, a prediction or a definitive statement of fact or
probability. Actual events and circumstances are difficult or
impossible to predict and will differ from assumptions. Many actual
events and circumstances are beyond the control of Valens
Semiconductor. These forward-looking statements are subject to a
number of risks and uncertainties, including the cyclicality of the
semiconductor industry; the effect of inflation and a rising
interest rate environment on our customers and industry; the
ability of our customers to absorb inventory; the impact of the
global pandemic caused by COVID-19 on our customers' budgets and on
economic conditions generally, as well as the length, severity of
and pace of recovery following the pandemic; competition in the
semiconductor industry, and the failure to introduce new
technologies and products in a timely manner to compete
successfully against competitors; if Valens fails to adjust its
supply chain volume due to changing market conditions or fails to
estimate its customers' demand; disruptions in relationships with
any one of Valens' key customers; any difficulty selling Valens'
products if customers do not design its products into their product
offerings; Valens' dependence on winning selection processes; even
if Valens succeeds in winning selection processes for its products,
Valens may not generate timely or sufficient net sales or margins
from those wins; sustained yield problems or other delays in the
manufacturing process of products; our ability to effectively
manage, invest in, grow, and retain our sales force, research and
development capabilities, marketing team and other key personnel;
our ability to timely adjust product prices to customers following
price increase by the supply chain; our ability to adjust our
inventory level due to reduction in demand due to inventory buffers
accrued by customers; our expectations regarding the outcome of any
future litigation in which we are named as a party; our ability to
adequately protect and defend our intellectual property and other
proprietary rights; the market price and trading volume of the
Valens ordinary shares may be volatile and could decline
significantly; political, economic, governmental and tax
consequences associated with our incorporation and location in
Israel; and those factors
discussed in Valens' Form 20-F filed with the SEC on February 28, 2024 under the heading "Risk
Factors," and other documents of Valens filed, or to be filed, with
the SEC. If any of these risks materialize or our assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. There may be
additional risks that Valens does not presently know or that Valens
currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect Valens'
expectations, plans or forecasts of future events and views as of
the date of this press release. Valens anticipates that subsequent
events and developments may cause Valens' assessments to change.
However, while Valens may elect to update these forward-looking
statements at some point in the future, Valens specifically
disclaims any obligation to do so. These forward-looking statements
should not be relied upon as representing Valens' assessment as of
any date subsequent to the date of this press release. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
Press Contacts
Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
Yoni.dayan@valens.com
Pat Burek
Senior Vice President
Financial Profiles, Inc.
pburek@finprofiles.com
Investor Contact
Lisa Fortuna
Senior Vice President
Financial Profiles, Inc.
lfortuna@finprofiles.com
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SOURCE Valens Semiconductor