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Huawei Technologies Co., Ltd, Qualcomm Incorporated, and Samsung Electronics have released a new video coding standard, MPEG-5 Essential Video Coding (EVC), designed to meet both the business and technical needs of the media industry.
The MPEG-5 EVC standard is a video coding standard for ISO/IEC Moving Picture Experts Group (MPEG) and the FDIS written description of the standard was officially released at the end of April 2020.
The main goal of the EVC standard is to provide a significantly improved compression capability over existing video coding standards with timely publication of terms. The MPEG-5 EVC standard is expected to be a great video codec for emerging delivery protocols and networks, such as 5G, enabling the delivery of high-quality video services.
The companies have claimed that MPEG-5 EVC can 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 would be working to further promote this technology in the multimedia industry. They also have reaffirmed their commitments to offer fair, reasonable, and non-discriminatory terms for their respective essential patent claims covering this standard.
It was also communicated that 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.