Huawei Technologies, Qualcomm and Samsung Electronics have welcomed the release of MPEG-5 Essential Video Coding (EVC) – a new video coding standard designed to meet both the business and technical needs of the media industry.

By delivering 4K UHD video with greater compression and efficiency over the previous standard codec, MPEG-5 EVC will enable more screens to display 4K, 8K, VR, AR and HDR content and offer the level of services that consumers have come to expect.

To enable rapid adoption and deployment, Huawei, Qualcomm and Samsung, three major contributors to this newly standardized technology, will be working to further promote this technology in the multimedia industry, a Huawei statement said.

They also have reaffirmed their commitments to offer fair, reasonable, and non-discriminatory terms for their respective essential patent claims covering this standard. As previously announced, Huawei, Qualcomm, and Samsung will announce their respective licensing terms covering the MPEG-5 EVC standard no later than two years from the Final Draft International Standard (FDIS) publication date. – TradeArabia News Service