Chips&Media's world first HEVC Codec IP with 10bit support licensed to semiconductor companies

Seoul, Korea – May 16, 2014 – Chips&Media Inc., a leading video codec IP provider, announced today that they recently have signed license agreements with well-known semiconductor companies for HEVC 4:2:0 10bit codec IP named WAVE420™.

Starting this year TV manufactures are distributing low end UHD TVs to boost their market share, and many content providers are spurring to get more UHD content ready very vigorously. Furthermore, brand-new smartphones capable of 4K UHD video capture are already being introduced, and more UHD products are now being widespread to customers across a vast range of products including handheld personal cameras, camcorders, sports cameras, and more at a very rapid pace.

Chips&Media’s WAVE420™ is a high-performance hardware IP delivering HEVC encoder and HEVC decoder, capable of processing 4:2:0 10bit format of HEVC that is regarded as the best video standard ever. It also realizes very low power consumption by deployment of CFrame™ which is their proprietary frame compression technology achieving 50~70% off bandwidth on average. WAVE420™ is designed on scalable architecture and that enables to process up to real-time 8K 60fps with core extension.

Last year Chips&Media had released the world's first HEVC 4:2:0 8bit decoder IP, WAVE410™v1 which is now a silicon proven IP by many of multimedia SoC companies licensed for, and early this year they released the subsequent WAVE410™v2, the HEVC 4:2:0 “10bit” decoder IP.

Through licenses of WAVE420 that have been recently made and the SoC customers, Chips&Media now can firm its strong position in encoder IP as well as in their dominance in decoder IP.

About Chips&Media

Chips&Media is a leading video IP provider based in Seoul, Korea(Republic of). Its advanced ultra-low power and high performance video technology has been chosen by more than 60 top-tiers based in US, Europe, Korea, Taiwan, China and Japan and has proven in silicon reaching 200 millions of units. For more information, please visit the company’s web site at www.chipsnmedia.com