Chips&Media announced the completion of its hardware IP development supporting AV2, the next-generation high-efficiency video codec from AOMedia. The new AV2 decoder targets a 20-30% compression efficiency improvement over AV1 and will be integrated into their 'WAVE' series of multi-codec hardware IPs, offering customizable configurations up to 8K@60fps. The company is actively pursuing commercial licensing with major North American clients, particularly OTT platforms like YouTube and Netflix.
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Add as preferred sourceChips&Media is moving AV2 from standards work into deployable hardware, which matters because codec support has to land in chips before streaming platforms and device makers can use it at scale. The company is positioning the decoder inside its WAVE multi-codec line, with support for configurations up to 8K@60fps and RTL availability in May. The article ties that effort to North American OTT demand, specifically naming YouTube and Netflix as ecosystem drivers. What to watch next is whether Chips&Media closes commercial licensing deals with those customers or other named North American clients.
