ALEXANDRIA, Va., June 12 -- United States Patent no. 12,301,867, issued on May 13, was assigned to LG Electronics Inc. (Seoul, South Korea).

"Intra prediction device and method involving matrix-based intra prediction" was invented by Jangwon Choi (Seoul, South Korea), Seunghwan Kim (Seoul, South Korea), Jin Heo (Seoul, South Korea), Jungah Choi (Seoul, South Korea) and Sunmi Yoo (Seoul, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "An image decoding method includes obtaining image information including residual information and prediction-related information through a bitstream, deriving transform coefficients based on the residual information, generating residual samples for a current block base...