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Yes indeed. I don't quite know enough about S3, so I won't be contemplating on the ramifications of this decision. Hopefully someone can clue me in.
S3 Graphics has announced that they have licensed their "S3TC" texture compression technology to Sony Computer Entertainment (SCEI) for use in the PSP (PlayStation Portable). At the time of this writing, there is no announcement from SCEI.
S3TC is a technology that allows for highly efficient compression while keeping the detail and quality of textures as little as possible; this allows for a more economic use of memory and an overall increase in quality.
The S3TC license is suitable for both PC and game consoles. SCEI's current Corporate Executive and CTO, Masa Chatani, commented by saying, "I am happy to use S3TC on the PSP. S3TC, for PSP software developers, will provide the advantages of both a high quality texture compression technology and reliable tool library."
Inspired by: http://pcweb.mycom.co.jp/news/2004/09/01/003.html [1]
S3 Graphics: http://www.s3graphics.com/ [2]
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