After this chip (excluding Venus Engine · Plus) the camera shake correction is hardware processed.
The Venus III engine used in the Lumix DMC-FZ8 and other cameras claims enhanced noise reduction at high ISO numbers and lower power consumption.
[3] It is a chip realizing power saving based on the Venus Engine II, but they changed high sensitivity shooting.
Panasonic published a detailed comparison of Venus III and IV,[4] claiming better noise response by preserving detail, quick-response shutter release time-lag of around 0.008 second minimum and high power-efficiency for Venus IV.
It appears that the Panasonic Lumix marketing department has chosen to refer to this LSI hardware chip-set primarily using the phrase "Venus Engine HD" as a way to draw attention the capabilities of the included "Motion Picture" mode(s) of the upcoming camera models that will contain the LSI hardware chip-set.
Why the Panasonic Lumix marketing department (at the United Kingdom location, at least) has chosen to (in the lone case of the DMC-FX40) refer to the LSI hardware chip-set using the alternate descriptive phrase "Venus Engine V" is unclear, since the DMC-FX40 (as is the case with all the other upcoming models with the exception of the already released DMC-G1) is, indeed, advertised as featuring a "Motion Picture" mode that (it appears) will be a very similar implementation to that of all the other upcoming models to be released that will also include this LSI hardware chip-set.
Perhaps the reasoning for this is that the Panasonic Lumix marketing department (at the United Kingdom location, at least) is (in part) describing the DMC-FX40 as a "digital still camera".
There are many things in common, but in each case some functions have been added as a minor change from the previous chip.
Based on the Venus Engine HD II, this chip was developed with the aim of strengthening the movie shooting function and achieving high-speed processing.
Suppressing large size noise that was difficult to deal with conventional chips, achieving grain-free image quality.
Venus Engine IX is a quad-core processor first introduced in Panasonic's fifth-generation m43 MILC, the GH4, and later used in the FZ1000, LX100 and DMC-G7.
[8] A new Venus Engine image processor is featured on the Lumix GH6, which allows shooting at 14 frames per second with autofocus locked.