- CEO
- Sang-Hyun Kim
- Full Time Employees
- 86
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- Seoul South Korea
- IPO Date
- Jul 30, 2015
- Business
- Chips & Media, Inc. is a South Korea-based fabless semiconductor intellectual property provider specializing in the design, development, and licensing of high-performance video codec, neural processing unit, and image signal processing hardware technologies for integrated circuit and system-on-chip developers. Founded in March 2003 and headquartered in Seoul, South Korea, the company operates research and development centers in Seoul and Daegu, supported by an international business network with offices and representatives across the United States, China, Japan, Taiwan, and Europe. Chips & Media serves fabless semiconductor companies, integrated device manufacturers, and system original equipment manufacturers across multiple industry verticals, including automotive infotainment and advanced driver-assistance systems, artificial intelligence edge computing, data center and cloud video transcoding, mobile electronics, smart surveillance, robotics, drones, digital televisions, set-top boxes, and augmented and virtual reality devices.
The company offers a comprehensive portfolio of silicon-proven intellectual property cores and engineering services, categorized primarily into: Video Codec IP, including multi-standard video encoder and decoder cores under the WAVE series (such as WAVE6 and WAVE5 architectures supporting AV1, HEVC/H.265, AVC/H.264, VP9, and AVS2 standards), the WAVE-J series for standalone Motion JPEG processing, the WAVE-JP and WAVE-P series for Advanced Professional Video coding, and legacy CODA and BODA video cores; Neural Processing Unit IP, including the proprietary Chips&Media Neural Processor (CMNP) and WAVE-N series deep-learning hardware accelerators engineered for low-power, line-by-line real-time video super-resolution, noise reduction, object detection, and computational photography; Image Processing and Image Signal Processor IP, including hardware-accelerated image signal processing pipelines, lens distortion correction cores, multi-axis image distortion correction IP, dynamic range enhancement algorithms, and video format converter engines; and Technical Licensing and Support Services, including intellectual property integration assistance, field-programmable gate array emulation platforms, verification suites, software device drivers, firmware packages, and automotive functional safety design compliance services aligned with ISO 26262 ASIL standards.
In recent strategic developments, Chips & Media has expanded its advanced multimedia and edge artificial intelligence portfolio through new product introductions and commercial licensing agreements. The company successfully developed and commenced commercial licensing of dedicated hardware IP for the next-generation AOMedia Video 2 (AV2) standard, targeting global streaming video platforms and cloud broadcast infrastructure. It advanced the commercialization of its dedicated CMNP neural processing unit IP, delivering hardware-accelerated 4K and 8K deep-learning super-resolution and noise-reduction capabilities with optimized DRAM bandwidth efficiency for edge devices. Additionally, Chips & Media entered into a strategic collaboration with Visionary.ai to develop an artificial-intelligence-driven real-time Image Signal Processor that combines software-defined imaging algorithms with hardware IP for ultra-low-light surveillance and automotive vision systems. The company also introduced the WAVE-J and WAVE-JP series to address high-throughput professional video and physical artificial intelligence applications, while maintaining key shareholder relationships with Korea Investment Partners and automotive semiconductor developer Telechips to strengthen its position in automotive system-on-chip markets.