SANTA
CLARA, Calif. and HOD HASHARON, Israel, May 9, 2022
/PRNewswire/ -- OMNIVISION, a leading global developer of
semiconductor solutions, advanced digital imaging, analog, and
touch & display technology, and Valens Semiconductor (NYSE:
VLN), a premier provider of high-speed connectivity solutions for
the automotive and audio-video markets, have partnered to bring to
market a MIPI A-PHY-compliant camera solution for the automotive
industry. The companies will include Valens Semiconductor's new
VA7000 A-PHY-compliant chipsets inside OMNIVISION's Automotive
Reference Design System (ARDS) camera modules. The initial camera
module will also include the OX08B40 image sensor from
OMNIVISION.
Since its release by the MIPI Alliance in late 2020, A-PHY, the
standard for high-speed in-vehicle connectivity, has garnered
significant momentum within the industry. In 2021, the IEEE
standards association adopted A-PHY in its entirety as one of its
own standards. Automotive Tier-1 and Tier-2 technology suppliers,
such as OMNIVISION, have been working to adopt the standard for
their next-generation solutions for Advanced Driver-Assistance
Systems (ADAS) applications. Valens Semiconductor is the first
company to launch A-PHY compliant chipsets, having started shipping
samples of its VA7000 product family to select customers and
partners in December 2021.
The collaboration between Valens Semiconductor and OMNIVISION
will pave the way for the development of A-PHY-compliant camera
systems, allowing for smaller camera designs, reduced power
consumption, lower camera cost, and interoperability with the wider
A-PHY ecosystem. Both companies will demonstrate the A-PHY
reference design at AutoSens Detroit (May
10-12, 2022).
"We're thrilled to partner with Valens Semiconductor to allow
our customers to easily evaluate A-PHY, a new global standard
optimized for high-speed sensor-to-ECU connectivity, which we
believe will present a significant business opportunity for our
company," said Boyd Fowler, Chief
Technology Officer at OMNIVISION. "It is a major step that the
automotive industry can now work around a connectivity standard,
which is built from the ground up to deal with the specific
challenges in the car while bringing significant cost savings to
the ecosystem as a whole. We look forward to taking our place in
this impressive new development around MIPI A-PHY."
"OMNIVISION has always been a pioneer in adopting cutting edge
technologies with their sensor solutions, which is why it's no
surprise that they're forging ahead with A-PHY," said Gideon Kedem, SVP and Head of Automotive at
Valens Semiconductor. "The A-PHY ecosystem continues to grow, with
OEMs, Tier 1s and Tier 2s already evaluating our VA7000 chipset
family for high-speed video connectivity. It is becoming crystal
clear that this is going to be the leading connectivity solution
for ADAS applications in cars around the world."
About OMNIVISION
OMNIVISION is a global fabless semiconductor organization that
develops advanced digital imaging, analog and touch & display
solutions for multiple applications and industries, including
mobile phones; security and surveillance; automotive; computing;
medical; and emerging applications. Its award-winning innovative
technologies enable a smoother human/machine interface in many of
today's commercial devices. Find out more at www.ovt.com.
About Valens
Semiconductor
Valens Semiconductor pushes the boundaries of connectivity by
enabling long-reach, high-speed video and data transmission for the
Automotive and Audio-Video industries. Valens' HDBaseT technology
is the leading standard in the Audio-Video market with tens of
millions of Valens' chipsets integrated into thousands of products
in a wide range of applications. Valens' Automotive chipsets are
deployed in systems manufactured by leading customers and are on
the road in vehicles around the world. Valens is a key enabler of
the evolution of ADAS and autonomous driving and its advanced
technology is the basis for the new industry standard for
high-speed in-vehicle connectivity. For more, visit
https://www.valens.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 the anticipated transaction 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' 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.
These forward-looking statements are subject to a number of
risks and uncertainties, including those factors discussed in
Valens' Form 20-F filed with the SEC on March 2, 2022 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.
OMNIVISION Media Contact:
Sandy Fewkes
Kiterocket
+1 408.529.9685
sfewkes@kiterocket.com
OMNIVISION Company Contact:
Mengxi Liu
OMNIVISION
+1 408.653.3484
mengxi.liu@ovt.com
Valens Company Contact:
Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
Yoni.dayan@valens.com
Valens Investor Contacts:
Daphna Golden
Vice President Investor Relations
Valens Semiconductor Ltd.
investors@valens.com
Moriah Shilton
Financial Profiles, Inc.
US: +1 310-622-8251
Valens@finprofiles.com
SOURCE Valens Semiconductor