The innovations solidify Valens Semiconductor's leadership position in the audio-video market
HOD HASHARON, Israel , June 7, 2022 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN), a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, today announced that it will showcase cutting edge technological innovations based on its VS3000 chipset family at InfoComm 2022 (June 8-10 ). Demonstrations will include an uncompressed 8K resolution (HDMI2.1) extension solution, which will accelerate the deployment of 8K Ultra HD resolution installations, as well as an enhanced Audio Return Channel (eARC) extension reference design to address the increasing demand in the residential market to connect smart TVs to surround audio systems. These innovations further solidify Valens Semiconductor's leadership position in the audio-video market.
In addition, Valens Semiconductor will demonstrate several solutions that enable meeting equity in the evolving hybrid video conferencing setting, including reference designs for a plug & play docking station extender and a connectivity solution for HDMI to USB 3.0 capture, both of which enable flexible video conferencing setups.
Valens Semiconductor, the inventor of HDBaseT technology and a founding member of the HDBaseT Alliance, which has a membership base of over 200 leading audio video suppliers, will display these solutions at the HDBaseT Alliance Booth (W1317).
"True to our mission statement, Valens Semiconductor continues to push the boundaries of connectivity, providing interoperable solutions with the highest bandwidth over the simplest, most cost-effective infrastructure," said Gabi Shriki , SVP and Head of Audio-Video at Valens Semiconductor. "Our commitment to the HDBaseT ecosystem and the Audio-Video industry remains strong. We are happy to support our customers as they build innovative products using our technology across many verticals – corporate, education, medical, industrial, and more. The strong demand we see for our latest chipset, the VS3000, is testament to Valens' continued ability to meet the ever-growing market demands for higher and better audio video systems."
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 information: www.valens.com
Valens may, in this communication, make certain statements that are not historical facts and relate to analysis or other information which are based on forecasts or future or results. Examples of such forward-looking statements include, but are not limited to, statements regarding future prospects, product development and business strategies. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements but are not the exclusive means for identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks set forth under "Risk Factors" in our Registration Statement on Form F-1 and our other SEC filings. Valens cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Valens does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Yoni Dayan Head of Communications Valens Semiconductor Ltd. Yoni.dayan@valens.com
Daphna Golden Vice President Investor Relations Valens Semiconductor Ltd. investors@valens.com
Moriah Shilton Financial Profiles, Inc. ValensIR@finprofiles.com
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