Interesting. I was not aware that was a thing. Orientation info seems way less useful in a lossless format like PNG. It makes sense in JPEG for instance because rotating and re-encoding would be lossy and slightly degrade the image.
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You can also have other situations where this is useful like a primarily hardware pipeline that doesn't support rotation, but you can mark the rotation at the end. Although this is probably less of an issue for PNG than formats that typically come out of cameras and scanners.