Fujitsu has announced that they will be demonstrating its new MB86H50 encoder/decoder IC at this year's CES. According to their press release, the MB86H50 is the industry's first large-scale IC for real-time compression and decompression of HD video in H.264 format.
The Fujitsu MB86H50 is the first H.264 format video-processing IC to support the H.264 High Profile, Level 4.0 standard used in next-generation DVDs. It enables high-resolution recording, playback and transmission of high-definition video on audio-visual products such as portable A/V products, hard disk recorders, and home network equipment. The new device has been sampled to selected customers who will provide new products during the first quarter of 2007. The chip sample will become available in March 2007.
If you'd like to read more, Fujitsu's entire press release can be found here.