If you read the linked article, then you should see that this is clearly lossy compression. H.264 is probably the highest compression that you can get without substantially degrading video quality.
If you read the linked article, then you should see that this is clearly lossy compression. H.264 is probably the highest compression that you can get without substantially degrading video quality.
Having reread the article plus the update, it seems that this "new" technology is H.264. The update is also quite interesting:
Update:
I4U reader Sebastian W. questions if this new JVC codec is doing anything better than the current available codes in HD cameras that already can record at the low rates 12.5mbps rates. ...