Valens Semiconductor Appoints Gili Friedman as Senior Vice President, Head of Cross Industry Business
Valens Semiconductor (NYSE: VLN) has appointed Gili Friedman as Senior Vice President and Head of the newly formed Cross Industry Business Unit, effective February 16, 2025. Friedman brings over 17 years of experience in semiconductor industry sales and business development, currently serving as VP of Sales and Business Development at Sony Semiconductor Israel.
The Cross Industry Business Unit will oversee non-automotive verticals including audio-video, industrial, machine vision, and medical markets, which represent a total addressable market exceeding $1 billion. Friedman's appointment aims to accelerate market share growth and drive progress towards the company's 2029 financial goals.
Valens Semiconductor (NYSE: VLN) ha nominato Gili Friedman come Vicepresidente Senior e Responsabile della nuova Cross Industry Business Unit, a partire dal 16 febbraio 2025. Friedman porta con sé oltre 17 anni di esperienza nelle vendite e nello sviluppo commerciale nel settore dei semiconduttori, attualmente ricoprendo il ruolo di VP delle Vendite e dello Sviluppo Commerciale presso Sony Semiconductor Israel.
La Cross Industry Business Unit supervisionerà i settori non automobilistici, inclusi audio-video, industriale, visione artificiale e mercati medici, che rappresentano un mercato totale indirizzabile superiore a 1 miliardo di dollari. La nomina di Friedman mira ad accelerare la crescita della quota di mercato e a favorire i progressi verso gli obiettivi finanziari dell'azienda per il 2029.
Valens Semiconductor (NYSE: VLN) ha nombrado a Gili Friedman como Vicepresidente Senior y Jefe de la nueva Cross Industry Business Unit, a partir del 16 de febrero de 2025. Friedman aporta más de 17 años de experiencia en ventas y desarrollo de negocios en la industria de semiconductores, desempeñándose actualmente como VP de Ventas y Desarrollo de Negocios en Sony Semiconductor Israel.
La Cross Industry Business Unit supervisará verticales no automotrices, incluyendo audio-video, industrial, visión por máquina y mercados médicos, que representan un mercado total direccionable que supera los 1,000 millones de dólares. La designación de Friedman tiene como objetivo acelerar el crecimiento de la cuota de mercado y avanzar hacia los objetivos financieros de la compañía para 2029.
발렌스 반도체 (NYSE: VLN)는 길리 프리드먼을 신규 설립된 크로스 산업 사업부의 수석 부사장 겸 책임자로 임명한다고 발표했습니다. 이는 2025년 2월 16일부터 적용됩니다. 프리드먼은 반도체 산업의 판매 및 사업 개발 분야에서 17년 이상의 경험을 쌓았으며, 현재 소니 반도체 이스라엘에서 판매 및 사업 개발 부사장으로 재직 중입니다.
크로스 산업 사업부는 오디오-비디오, 산업, 머신 비전 및 의료 시장 등 비자동차 분야를 감독하며, 이는 10억 달러가 넘는 총 주소 지정 가능한 시장을 대표합니다. 프리드먼의 임명은 시장 점유율 성장 가속화와 회사의 2029년 재무 목표 달성을 위한 진전을 촉진하는 것을 목표로 하고 있습니다.
Valens Semiconductor (NYSE: VLN) a nommé Gili Friedman au poste de Vice-Président Senior et Responsable de la nouvelle Cross Industry Business Unit, à compter du 16 février 2025. Friedman apporte plus de 17 ans d'expérience dans les ventes et le développement commercial dans l'industrie des semi-conducteurs, occupant actuellement le poste de VP des Ventes et du Développement Commercial chez Sony Semiconductor Israel.
La Cross Industry Business Unit supervisera les secteurs non automobiles, notamment l'audiovisuel, l'industrie, la vision machine et les marchés médicaux, qui représentent un marché total adressable dépassant 1 milliard de dollars. La nomination de Friedman vise à accélérer la croissance de la part de marché et à favoriser les progrès vers les objectifs financiers de l'entreprise pour 2029.
Valens Semiconductor (NYSE: VLN) hat Gili Friedman als Senior Vice President und Leiter der neu gegründeten Cross Industry Business Unit ernannt, die am 16. Februar 2025 in Kraft tritt. Friedman bringt über 17 Jahre Erfahrung im Vertrieb und in der Geschäftsentwicklung in der Halbleiterindustrie mit und ist derzeit VP für Vertrieb und Geschäftsentwicklung bei Sony Semiconductor Israel.
Die Cross Industry Business Unit wird nicht-automotive vertikale Märkte beaufsichtigen, darunter Audio-Video, Industrie, Maschinenvision und medizinische Märkte, die einen adressierbaren Gesamtmarkt von über 1 Milliarde Dollar repräsentieren. Friedmans Ernennung zielt darauf ab, das Wachstum des Marktanteils zu beschleunigen und Fortschritte in Richtung der finanziellen Ziele des Unternehmens bis 2029 voranzutreiben.
- Total addressable market for non-automotive verticals exceeds $1 billion
- Strategic expansion into multiple high-value verticals (audio-video, industrial, machine vision, medical)
- Appointment of experienced semiconductor industry executive with proven revenue growth track record
- None.
HOD HASHARON,
"We are thrilled to welcome Gili Friedman as the Head of our newly formed Cross Industry Business Unit, which encompasses all the non-automotive verticals we serve including audio-video, industrial, machine vision, and medical markets," said Gideon Ben-Zvi, Chief Executive Officer of Valens Semiconductor. "Gili brings more than 17 years of experience leading sales and business development departments at leading global companies in the semiconductor industry. While heading the global sales teams at both Sony Semiconductor Israel and Altair, she established a proven track record of driving impressive revenue growth in existing and new markets."
"Gili's multi-disciplinary approach, which integrates customer engagement, sales strategy, marketing and project lifecycle management, along with her deep expertise in semiconductor technology, sets her apart. We are excited Gili is joining the Valens team and expect she will make an immediate and lasting impact on our organization."
Friedman is currently Vice President of Sales and Business Development at Sony Semiconductor Israel, formerly Altair Semiconductor. She quickly moved into leadership roles at Altair after joining the company as a software engineer progressing from Program Management to Global Business Management before ultimately serving as VP of Sales and Business Development.
"I am delighted to be joining Valens Semiconductor to lead its next phase of growth," said Friedman. "The opportunity in the audio-video, industrial, machine vision, and medical verticals is vast with a total addressable market of over
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/.
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 financial goals for 2029 and potential acquisition opportunities. 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; 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 or quality events 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; our ability to successfully integrate or otherwise achieve anticipated benefits from acquired businesses; 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
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