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Stock impact report

Mobileye selects Valens' chipsets for autonomous driving projects [Yahoo! Finance]

Valens Semiconductor Ltd. (VLN) 
Company Research Source: Yahoo! Finance
The chipsets are planned to be implemented to power Mobileye's in-car sensor-to-compute connectivity for Mobileye EyeQ6 in upcoming automated and autonomous vehicle programmes with global automakers. The VA7000 chipsets, compliant with the MIPI A-PHY standard, were selected after Mobileye conducted extensive testing, highlighting their “superior” performance across a variety of parameters. Valens Semiconductor CEO Gideon Ben-Zvi said: “Our collaboration with Mobileye, a market leader in ADAS and autonomous systems, is validation of the promise made by MIPI A-PHY. “SoCs can only ever be as good as the sensor data inputs they operate on, and Mobileye's selection of our VA7000 chipset proves that our solution is well positioned to deliver that data at high accuracy. “With a transformative company such as Mobileye validating the performance of the Valens VA7000 A-PHY chip, this collaboration marks a significant milestone for the entire automotive industry.” Designed to meet the Show less Read more
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