BEIJING, Nov. 30 (Xinhuanet) -- The Chinese Academy of Sciences Institute of Computing Technology (CASICT) announced here Wednesday that it opened the IP core of chips based on China's audio and video coding standard.

    The audio and video solution (AVS) IP core, whose patents were owned by the CASICT, has a bright future in commercialization, said Fan Jianping, deputy director of the institute.

    The new chips can be used in personal computers, televisions, mobile phones and personal digital accessories for audio and video entertainment, Fan said.

    Experts said the technology, based on the Chinese standard, was "world-class."

    The CAS institute established the Audio and Video coding Standard Work Group of China in June 2002 and tries to develop technologies with their own intellectual property.

    A Ningbo-based company, held by the CASICT, has already produced such AVS chips for digital consumer products.

    Beijing Zhongguancun High-tech Park has organized a research and development base for industrializing the AVS chips. Big Chinese companies such as the SVA Group, Haier, TCL and Lenovo also showed an interest in jointly developing the chips and AV consumer products based on the chips.

    Fan said that 300 to 500 million such chips would be needed by Chinese manufacturers in the coming 10 years. Buying that many foreign-patented chips might cost about one billion US dollars. Enditem