Ambarella and Shanghai OFilm Partner to Deliver an Automated Valet Parking Hardware Platform

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SHANGHAI--( BUSINESS WIRE )--Ambarella, Inc. (NASDAQ: AMBA), a leading developer of ultra-high definition video processing and computer vision semiconductors, together with Chinese tier 1 automotive supplier Shanghai OFilm, a leading provider of intelligent driving solutions, announced that the two companies are collaborating on an automated valet parking (AVP) hardware platform. “We are pleased to be working with OFilm Intelligent Driving to provide advanced automated valet parking platforms,” said Ambarella CEO Fermi Wang. Its CVflow architecture delivers real-time processing of up to 8 megapixel resolution video at 30 frames per second (fps) for high-precision deep learning based object recognition. OFilm Tech Co., Ltd. is a global platform of enterprises, focused on supplying original equipment manufacturers in the consumer device and automotive markets with advanced electronic components. Ambarella reserves the right to alter product and service offerings, specifications and pricing at any time without notice.

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