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

Chips&Media’s HEVC/H.265 Solution, WAVE410 is ready to be delivered to one of the top fabless IC suppliers

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 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.

About Chips&Media

Chips&Media,Inc. 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 120 millions of units. For more information, please visit the company’s web site at www.chipsnmedia.com