iQIYI Becomes the First Chinese Video Streaming Site to Support AV1 Video Codec

The new encoding format allows viewers to stream ultra-HD video using 20% less data without sacrificing quality BEIJING, April 30, 2020 /PRNewswire/ — iQIYI Inc. (NASDAQ: IQ) (“iQIYI” or ‘the “Company”), an innovative market-leading online entertainment service in China, has recently…

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