HEIC is a file extension that Apple uses for the HEIF image format, which are usually coded by HEVC codec (High Efficiency Video Compression). This format is great for Live Photos because it can contain an image sequence. The best part about it is that you can store twice as many pictures in the HEIC format as in JPEG in the same size and quality because it uses the next-generation file compression.

This format is used to store images that have been divided into Y, U, and V color components. In this case, Y corresponds to brightness, and the variables U and V correspond to color information. This format is able to store more accurate color information than the RGB color space. The YUV Color System also allows you to store video files and save a particular sequence of images.