Chips&Media Completes Development of Next-Gen 'AV2' HW Decoder IP, Accelerating Global Market Leadership
SEOUL, South Korea, June 10, 2026 (GLOBE NEWSWIRE) -- Chips&Media (CEO Steve Kim, KOSDAQ: 094360), a leading global provider of video IP technology, announced today that it has completed the development of its hardware IP supporting AV2, the next-generation high-efficiency video codec from AOMedia (Alliance for Open Media). This development positions Chips&Media at the epicenter of the global video standards competition, adding the latest technology to its comprehensive lineup that covers all
SEOUL, South Korea, June 10, 2026 (GLOBE NEWSWIRE) -- Chips&Media (CEO Steve Kim, KOSDAQ: 094360), a leading global provider of video IP technology, announced today that it has completed the development of its hardware IP supporting AV2, the next-generation high-efficiency video codec from AOMedia (Alliance for Open Media). This development positions Chips&Media at the epicenter of the global video standards competition, adding the latest technology to its comprehensive lineup that covers all major video standards.
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