Chips&Media announced the completion of its hardware IP development for the AOMedia AV2 next-generation video codec. This development provides a hardware decoder for AV2, which is designed to offer 20-30% better compression efficiency than AV1, targeting North American OTT market adoption by platforms like YouTube and Netflix.
Chips&Media now has AV2 hardware ready for customer integration, which matters because AV2 is being positioned for higher-efficiency streaming at the device and SoC level. The company is tying the release to North American OTT demand, specifically citing YouTube and Netflix as part of the AV ecosystem expansion around data-cost reduction and user experience. The broader signal is that support for AV2 is moving from standard-setting into implementation. Watch for which customer designs take the May HW RTL and whether the AV2 decoder shows up in the WAVE series configurations Chips&Media sells next.
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