i.mx8ulp has PXP which can support this feature, refer to the reference manual:
The PXP module includes following features:
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Scaling
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Supports YUV 422, 420, 444 and any RGB formatted pixels
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The maximum downscaling factor can be up to 16
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Color Space Conversion (CSC)
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Supports converting from YUV to RGB
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Supports bypass mode
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Supports color space coefficients configuration
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Secondary Color Space Conversion (CSC2)
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Supports converting to RGB or YUV color spaces depending on the desired output pixel format
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Supports color space coefficients configuration
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Rotation
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Supports 0, 90, 180, 270 degrees
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Supports vertical and horizontal flips
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Composite Alpha Blending and Color Key
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Supports normal alpha blending and Porter-Duff alpha blending.
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Supports color key function to create transparent effects on the output pixel
