Cooperation creates 45nm HDMI-based IP

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).

What does HDMI stand for?
High-Definition Multimedia Interface (HDMI) is digital, point-to-point interface for A/V signals. Introduced in 2002, it is designed as a single-cable solution for home theater and consumer electronics equipment. It is electrically similar to video-only DVI, and although it also includes audio, HDMI plugs and sockets, it is considerably smaller.