Duo develops 45-nm HDMI receiver IP

What is HDMI?
The High-Definition Multimedia Interface (HDMI) is an all-digital A/V interface capable of transmitting uncompressed streams. HDMI provides an interface between any compatible digital A/V source, such as a set-top box, a DVD player, a PC, a video game system, or an AV receiver and a compatible digital audio and/or video monitor, such as a digital television (DTV).

What does IP stand for?
(1) Internet Protocol is a basic communication language or protocol widely used in the Internet or a private network. It is a data-oriented protocol used for communicating data across a packet-switched internetwork. (2) Intellectual Property. A product of the intellect that has commercial value, including copyrighted property (literary or artistic works) and ideational property (patents, appellations of origin, business methods and industrial processes).