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Chips&Media signed a $5 million IP license contract with a Chinese AI SoC semiconductor development company, including video IP and NPU IP, the largest single IP license contract in its history.
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.