diff --git a/package/freescale-imx/imx-lib/imx-lib.hash b/package/freescale-imx/imx-lib/imx-lib.hash
index 85f0a40336..8e4bd73eee 100644
--- a/package/freescale-imx/imx-lib/imx-lib.hash
+++ b/package/freescale-imx/imx-lib/imx-lib.hash
@@ -1,2 +1,2 @@
 # locally computed
-sha256 46022817d25f154b60247fdcbb87216e23e553bd88ec9664b1b5d5911e7aa2a2  imx-lib-3.14.28-1.0.0.tar.gz
+sha256 2b4547ffb1de328cf8997a09a423c6f015d808493efd11a98a5d42c6497e3445  imx-lib-5.1.tar.gz
diff --git a/package/freescale-imx/imx-lib/imx-lib.mk b/package/freescale-imx/imx-lib/imx-lib.mk
index e160cca404..b49357bd98 100644
--- a/package/freescale-imx/imx-lib/imx-lib.mk
+++ b/package/freescale-imx/imx-lib/imx-lib.mk
@@ -4,10 +4,10 @@
 #
 ################################################################################
 
-IMX_LIB_VERSION = $(FREESCALE_IMX_VERSION)
+IMX_LIB_VERSION = 5.1
 IMX_LIB_SITE = $(FREESCALE_IMX_SITE)
 IMX_LIB_LICENSE = LGPLv2.1+
-IMX_LIB_LICENSE_FILES = pxp/pxp_lib.h
+IMX_LIB_LICENSE_FILES = COPYING-LGPL-2.1
 
 IMX_LIB_INSTALL_STAGING = YES