excellent compatibility with a lot of devices plus "The AML 8726-M includes: 1080p video for H.264, VC-1, WMV, MPEG1/2/4 and 1080p HDMI output; the ability to run Android 2.2, Linux, OpenGL ES 2.0 and browser support for HTML5, Adobe Flash 10.1 and Adobe Air."
Having said it is a US company, it indeed should be regarded as a Chinese company. See, Chinese is now aggressively entering the chip market and they've picked the consumer market which originally be dominated by Taiwanese. One day big Chinese company will have chance to compete with the Taiwanese (if you really need to say they are two politically different countries) and further drive down the price of consumer electronics. I would expect no western company can have chance to get a seat then.
These chips might be targed for the IPTV. With the inbuilt network and wireless interface will be really suitable for the internet TV. ARM is in the most of the chip except the network ethernet/WLAN connectivity IP.
This would be a very good chip for HD Supported set-top box, as it has got everything on chip, ethernet, card reader and usb, as Mo has said it it really gets clicked in terms of price and performance will be a great selling product from amlogic.