Qualcomm, Samsung and Huawei - three of the biggest smartphone chipset makers in the world - have agreed to support the MPEG-5 Essential Video Coding standard (EVC). The three giants will offer relevant patents under FRAND terms. EVC has a royalty-free base version as well as various optional enhancements (which will cost money to license, but can be disabled individually). The standard promises higher compression and greater efficiency for 4K videos and will help bring wider distribution to 8K, VR and AR content. Currently, EVC can match the video quality of the older H.264 while file...
Source: https://www.gsmarena.com/qualcomm_samsung_and_huawei_back_evc_codec_for_future_4k_and_8k_videos-news-43170.php