Chips & Media, Inc. engages in the development of semiconductor silicon intellectual properties (IP). It provides license, loyalty, and technology services for video IPs. Its products include video IPs such as usage decision solution, decoder, and encoder IPs under WAVE, BODA, and CODA brand names; and display and image IPs such as pre and post-image processing engine under CPEN brand name. The company was founded by Dong-Gyu Kim on March 6, 2003 and is headquartered in Seoul, South Korea.