diff --git a/package/gstreamer1/gst1-imx/gst1-imx.hash b/package/gstreamer1/gst1-imx/gst1-imx.hash
index 03e17299ba..ca47776729 100644
--- a/package/gstreamer1/gst1-imx/gst1-imx.hash
+++ b/package/gstreamer1/gst1-imx/gst1-imx.hash
@@ -1,2 +1,2 @@
 # locally computed hash
-sha256 df34f080e24ac8f1619780aa5ad4e6ab1333f822cd2bf5fcb380b28c97248810  gst1-imx-0.12.0.tar.gz
+sha256 d8a7357bc575e22d0d19d6d7cf547bd69cad5fc47adb93f09ead41b0124353fa  gst1-imx-0.12.1.tar.gz
diff --git a/package/gstreamer1/gst1-imx/gst1-imx.mk b/package/gstreamer1/gst1-imx/gst1-imx.mk
index 86922eddb6..8afd2048bf 100644
--- a/package/gstreamer1/gst1-imx/gst1-imx.mk
+++ b/package/gstreamer1/gst1-imx/gst1-imx.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-GST1_IMX_VERSION = 0.12.0
+GST1_IMX_VERSION = 0.12.1
 GST1_IMX_SITE = $(call github,Freescale,gstreamer-imx,$(GST1_IMX_VERSION))
 
 GST1_IMX_LICENSE = LGPLv2+