08 August 2008

MPEG Video IC Market In Mobile Devices Strengthens

MPEG video ICs are used in many consumer electronics and video delivery systems and has these markets have grown, so has the need for MPEG video ICs, according to a report.

Over 1 billion MPEG video ICs will ship in 2008, according to a report by market research company In-Stat.  “Today the market for mobile MPEG video ICs in battery powered devices is greater than that of the market for MPEG video ICs in tethered devices,” explained Michelle Abraham, In-Stat analyst. “The main reason for this change is the use of MPEG video ICs in mobile handsets.”