Renesas today unveiled a mobile media processor that it says should finally allow full HD video in and out on phone-sized devices. Part of the SH-MobileHD1 family, the SH7370 will have video processing hardware fast enough to not only decode 1080p, H.264-based video at a full 30 frames per second but to encode video at the same frame rate. The feature would let phones produce and play video in t
