diff --git a/package/freescale-imx/imx-vpu/imx-vpu.hash b/package/freescale-imx/imx-vpu/imx-vpu.hash
index c828c2b09b..67ebaf2314 100644
--- a/package/freescale-imx/imx-vpu/imx-vpu.hash
+++ b/package/freescale-imx/imx-vpu/imx-vpu.hash
@@ -1,2 +1,2 @@
 # Locally computed
-sha256	f11b91dcdb84bfefd3c88f10a9c1c1bc3420e4bbaadc38b9280fb52f7769eca8  imx-vpu-5.4.32.bin
+sha256	2e670ef2337a5dbe6c32fa07128ad9aad32afdbf472c23d44133245ec6a66d46  imx-vpu-5.4.33.bin
diff --git a/package/freescale-imx/imx-vpu/imx-vpu.mk b/package/freescale-imx/imx-vpu/imx-vpu.mk
index 949fefa4e2..09ff5a80a6 100644
--- a/package/freescale-imx/imx-vpu/imx-vpu.mk
+++ b/package/freescale-imx/imx-vpu/imx-vpu.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-IMX_VPU_VERSION = 5.4.32
+IMX_VPU_VERSION = 5.4.33
 IMX_VPU_SITE = $(FREESCALE_IMX_SITE)
 IMX_VPU_SOURCE = imx-vpu-$(IMX_VPU_VERSION).bin
 
@@ -16,7 +16,7 @@ IMX_VPU_MAKE_ENV = \
 	CROSS_COMPILE="$(TARGET_CROSS)" \
 	PLATFORM=$(BR2_PACKAGE_FREESCALE_IMX_PLATFORM)
 
-IMX_VPU_LICENSE = Freescale Semiconductor Software License Agreement
+IMX_VPU_LICENSE = NXP Semiconductor Software License Agreement
 IMX_VPU_LICENSE_FILES = EULA COPYING
 IMX_VPU_REDISTRIBUTE = NO