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Panasonic and Sony announced specifications for AVCHD, a new high-definition digital video camera recorder format that the two companies jointly established. The AVCHD format allows the recording and playback of high-res, digital HD images using 8cm DVD media. The AVCHD is an HD digital video camera format for recording 1080i and 720p signals onto 8cm DVD media using highly efficient codec technologies. The format uses MPEG-4 AVC/H.264 codec for video compression, making it possible to develop HD video camera recorders that achieve compact size as well as high-quality video, in addition to audio. The ...