Image processing apparatus and method for displaying captured image without time delay

The present invention provides image processing apparatus and method for displaying a captured image without a time delay. According to the present invention, an image signal processing module outputs sequentially an image data for display and an image data for storage of a captured image to a multimedia application processing module, and the multimedia application processing module stores the image data for storage into a memory and displays the image data for display on a display means. The image data for display is already processed in conformity with format of the display means by the image signal processing module, and in particular, a separate encoding is not performed on the image data for display, and thus the multimedia application processing module can directly display the captured image on the display means without a time delay.