OMNIVISION and Valens Semiconductor Partner to Provide Automotive OEMs with a MIPI A-PHY Compliant Camera Solution for Advanced Driver Assistance Systems Applications

Companies will showcase joint A-PHY solution at AutoSens in Detroit

Santa Clara, California. and Hod Hasharon, IsraelAnd May 9, 2022 /PRNewswire/ – OMNIVISION, a leading global developer of semiconductor solutions, advanced digital imaging, touch and display technology, and Valens Semiconductor (NYSE: VLN), the premier provider of high-speed connectivity solutions for the automotive and audio-video markets, has partnered to deliver a camera solution compatible with MIPI A-PHY for the automotive industry. The companies will include Valens Semiconductor’s VA7000 A-PHY-compatible VA7000 A-PHY chipsets inside OMNIVISION’s Automotive Reference Design System (ARDS) camera modules. The primary camera module will also include the OX08B40 image sensor from OMNIVISION.

Since its launch by the MIPI Alliance in late 2020, A-PHY, the standard for high-speed in-vehicle communication, has gained significant momentum within the industry. In 2021, the IEEE Standards Association fully adopted A-PHY as one of its own standards. Tier 1 and Tier 2 automotive technology suppliers, such as OMNIVISION, are working to certify the next generation solutions standard for Advanced Driver Assistance Systems (ADAS) applications. Valens Semiconductor is the first company to launch A-PHY compatible chips, having begun to ship samples of its VA7000 family of products 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-compatible camera systems, allowing for smaller camera designs, lower power consumption, lower camera cost, and interoperability with the broader A-PHY system. Both companies will showcase the A-PHY reference design at AutoSens Detroit (From 10 to 12 May 2022).

“We are pleased to partner with Valens Semiconductor to allow our customers to easily evaluate A-PHY, a new global standard improved for high-speed sensor-to-ECU communication, which we believe will provide a significant business opportunity for our company,” she said. Boyd Fowler, Chief Technology Officer at OMNIVISION. “It is a major step that the auto industry can now operate on the connectivity standard, which was built from the ground up to address specific in-vehicle challenges while delivering significant cost savings for the ecosystem as a whole. We look forward to taking our place in this exciting new development around MIPI. A-PHY.”

He said, “OMNIVISION has always been a pioneer in embracing cutting edge technologies with their sensor solutions, which is why it comes as no surprise that they are moving forward with A-PHY.” Gideon Kedem, Senior Vice President and Head of Automotive Division, Valens Semiconductor. “The A-PHY ecosystem continues to grow, with OEMs, Tier 1s and Tier 2 manufacturers evaluating our VA7000 chipset for high-speed video calling. It became abundantly clear that this would be the leading connectivity solution for ADAS applications in vehicles around the world.” .

About OmniVision

OMNIVISION is a global semiconductor organization that develops digital, analog, touch and display imaging solutions for multiple applications and industries, including mobile phones; Security and auto surveillance. computing. medical; and emerging applications. Its innovative, award-winning technologies enable a smoother user/machine interface in many today’s commercial devices. Find out more on www.ovt.com.

About Valens Semiconductor

Valens Semiconductor is pushing the boundaries of connectivity by enabling the transmission of high-speed video and long-range data for the automotive, audio and video industries. Valens’ HDBaseT technology is the leading standard in the audio and 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 major customers and are on the road in vehicles around the world. Valens is a key enabler for the development of ADAS 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 US Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” or “forecast.” “intent,” “will,” “expect,” “expect,” “believe,” “search for,” “goal,” or other similar expressions that predict or refer to future events or trends or are not statements of things Historic. These forward-looking statements include, but are not limited to, statements regarding expected transaction and future economic and market conditions. These statements are based on various assumptions, whether or not identified in this press release, and on current expectations of Valens management and are not projections of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended as a guarantee, confirmation, expectation, final statement or possibility, and should not be relied upon by any investor. Actual events and conditions are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond Valens’ control.

These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed in Valens Form 20-F submitted to the SEC on March 2, 2022 Under “Risk Factors,” other documents submitted by Valens are, or will be, submitted to the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from those implied by these forward-looking statements. There may be additional risks that Valens is not currently aware of or currently believes to be 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 expectations of future events and opinions as of the date of this press release. Valens anticipates that subsequent events and developments may cause Valens’ ratings to change. However, while Valens may choose 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 later than the date of this press release. Accordingly, undue reliance should not be placed on forward-looking statements.

OMNIVISION Media Contact:

Sandy Viox
kitroket
+1 408.529.9685
[email protected]

Contact OMNIVISION:

Mingxi Liu
OMNIVISION
+1 408.653.3484
[email protected]

Contact Valens:

uni dian
Head of Communications
Valens Semiconductor Ltd.
[email protected]

Valens investor contacts:

Golden Daphna
Vice President of Investor Relations
Valens Semiconductor Ltd.
[email protected]

Moriah Shelton
Financial Files, Inc.
United States: +1 310-622-8251
[email protected]

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SOURCE Valens Semiconductor

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