Wallace Semiconductor Co., Ltd. is engaged in the supply of semiconductor products. It operates through the audiovisual and automotive sectors. The audio-video section provides plug-and-play fusion and distributes the interface over a single long-distance category cable. The automotive segment belongs to Valens Automotive Products, which provides in-car connectivity for automotive architecture. The company was founded on October 26, 2006 by Dror Jerushalmi, Massad EYal, Eyran Lida, Gaby Gur-Cohen, Nadav Banet and Alon Benzaray and is headquartered in Hod Hasharon, Israel.