Chips&Media Licenses HEVC/H.265 Decoder Core to a Leading Fabless Semiconductor Company

Seoul, Korea – May 28, 2013 – Chips&Media, Inc., - a leading company in silicon video Intellectual Property (IP) – reports that it has signed a strategic license agreement with a Taiwan-based dominant fabless semiconductor company, for next-generation HEVC decoder IP core, WAVE410. The core will be integrated into future high-end DTV SoCs.

Combining maximized bandwidth efficiency with the outstanding performance of 4K video playback, the WAVE410 is ideal for heavy bandwidth-consuming applications like Ultra-high-definition TVs which can deliver an immersive viewing experience.

Chips&Media CEO Steve Kim says: “The demand for 4K will continue to increase, fuelled by rising expectations of higher resolutions across all screens, Our WAVE410 will help our partners establish themselves as a technology leader for this emerging 4K market in a faster and more cost-effective way.”

The license agreement was concluded in April 2013.