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Chips&Media has signed a KRW 2 billion (approx. USD 1.8 million) video codec IP license contract with an unnamed US semiconductor company for smart TVs and set-top boxes. The three-year contract is the company's largest overseas license deal.
“이번 계약은 해외 라이선스 계약으로는 사상 최대규모다.”asiae.co.kr
Summarized from public sources; check the original articles before acting on it.