• 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.

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