Hi there @
sydh
that sounds a bit "B/S" (or in plain English --Bovine Scatology) to me (not you or your post of course but the reply from ASUS).
Streaming is purely a function of DATA transmission --the router won't know or care if it's any file format whatsoever --it's just passing what it thinks is DATA. Even an older 2.4 Hz wifi router should be sufficient.
So long as the router can transmit at the required data rate (over any sort of even mickey mouse Lan !!! running at below 1Gb/s speeds) the problem is 100% NOT IN THE ROUTER.
Typical bog standard LAN though runs at far faster than the requirement data rate of 4K UHD provided the server can dish up the data fast enough. I assume that your Internet connection is OK for this stuff though -- even if only using a local LAN check all the settings on router e.g mtu / full / half duplex etc etc.
The chances are (and I'll bet almost 100% ) it's your CLIENT software on the receiving end i.e the remote TV / computer running the application that receives the media stream and plays it -that's got the problem --for example you might have the client software to do all sorts of things with the codec before reaching your TV / screen. or even the app on the TV itself --TV's don't normally have anything like the same processing power that even a modest computer has.
Personally for using streaming as a client I'd use KODI as you can optimise all sorts of things so you can get satisfactory performance -- note even for 4K UHD video you don't actually need a faster internet connection than around 2 - 4 Mb/s believe it or not !!!.
Streaming directly of course means the TV which probably doesn't have anything like the same processor power of a computer will struggle with newer codecs such as H265-HEVC whereas playing from a USB HDD a lot of the work has already been done.
Don't believe a load of these so called "I.T experts" based on the other side of the planet -- a lot are used because they are cheap to hire for Western countries -- but like most things "you get what you pay for" .
Always remember --basic physics still works (wherever you are in the entire universe) and the saying "The price of Education is expensive ... but the price of ignorance is Astronomical" applies more and more these days as people aren't often taught even basic science in schools any more !!.
Actually -- a different approach can be quite helpful in streaming to TV's -- if you do it via an Amazon fire TV box or something like a Roku system then 99% of problems solved as these devices have decent CPU's, can buffer enough data in the event of Internet slow downs / delays from the streaming site and can do all conversions / upscaling etc etc.
That's just a suggestion though as this won't answer your specific problem but well worth thinking about though --cheaper than a new router !!!!
Cheers
jimbo