Chips&Media Signs Next-Gen 'AV2' Video IP Licensing Deal with North American Big Tech, Strengthening Global Standards Leadership
Summary
SEOUL, South Korea, June 25, 2026 (GLOBE NEWSWIRE) -- Chips&Media (CEO Steve Kim, KOSDAQ: 094360), a leading global provider of video IP technology, announced today that it has signed a licensing agreement for its next-generation high-efficiency video CODEC, AV2 (AOMedia Video 2) decoder IP, with a world-renowned North American Big Tech company. This licensing includes multi standard video codec I
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This announcement reflects ongoing developments in the technology sector that may impact enterprise IT strategy, consumer technology adoption, or industry competitive dynamics.
Note
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