diff --git a/package/libpng/libpng.hash b/package/libpng/libpng.hash
index 1e57e1dc33..4cf8718cc6 100644
--- a/package/libpng/libpng.hash
+++ b/package/libpng/libpng.hash
@@ -1,5 +1,5 @@
-# From https://sourceforge.net/projects/libpng/files/libpng16/1.6.53/
-sha1  90672f16e545e4931abd50d372edef50596a1d46  libpng-1.6.53.tar.xz
+# From https://sourceforge.net/projects/libpng/files/libpng16/1.6.54/
+sha1  3dcffaeb58daa7b754bebe93cb008342964d9f39  libpng-1.6.54.tar.xz
 # Locally computed:
-sha256  1d3fb8ccc2932d04aa3663e22ef5ef490244370f4e568d7850165068778d98d4  libpng-1.6.53.tar.xz
-sha256  16d9daaafbf63a31a5bdc91d4600972548fef5aaa1244202393288dbd079c49a  LICENSE
+sha256  01c9d8a303c941ec2c511c14312a3b1d36cedb41e2f5168ccdaa85d53b887805  libpng-1.6.54.tar.xz
+sha256  bdb0a645ea18c60507d0368379b1ac5474b92255fcc2d115e07486a7672ba526  LICENSE
diff --git a/package/libpng/libpng.mk b/package/libpng/libpng.mk
index 6fc3744963..bde2c8e9fc 100644
--- a/package/libpng/libpng.mk
+++ b/package/libpng/libpng.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-LIBPNG_VERSION = 1.6.53
+LIBPNG_VERSION = 1.6.54
 LIBPNG_SERIES = 16
 LIBPNG_SOURCE = libpng-$(LIBPNG_VERSION).tar.xz
 LIBPNG_SITE = http://downloads.sourceforge.net/project/libpng/libpng$(LIBPNG_SERIES)/$(LIBPNG_VERSION)