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InterDigital to Outline Immersive Technologies Enhancing Sports Experiences at Mobile World Congress Las Vegas
GlobeNewswire News Room· 2024-10-03 08:00
WILMINGTON, Del., Oct. 03, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, has announced that Bill Redmann, Director of Standards for Immersive Media Technologies, will participate in an industry panel session at Mobile World Congress Las Vegas, taking place from October 8 – 10, 2024. Bill will be a featured speaker on a panel at the MWC Las Vegas Sports and Entertainment Summit. The panel, called "The X Factor: Creating A World ...
InterDigital signs new license agreements with TPV
GlobeNewswire News Room· 2024-10-01 12:30
Core Insights - InterDigital, Inc. has signed new patent license agreements with TPV, a significant manufacturer of digital TVs, allowing TPV to utilize InterDigital's extensive portfolio of HEVC and DTV patents [1][2] Group 1: Company Overview - InterDigital is a global research and development company focused on wireless, video, AI, and related technologies, providing foundational technologies for connected and immersive experiences in various communications and entertainment products [2] - The company has a strong presence in wireless technology, having developed innovations used in wireless products and networks from early digital cellular systems to advanced 5G and Wi-Fi technologies [2] - InterDigital is also a leader in video processing and encoding/decoding technology, with significant research efforts in AI that intersect with wireless and video technologies [2] Group 2: Licensing Agreements - The new agreements with TPV are seen as a testament to the value of InterDigital's portfolio in the consumer electronics space, highlighting the company's leadership in video technologies like HEVC [2] - These additional licenses with a major TV manufacturer further demonstrate InterDigital's commitment to innovation and its role in supporting a wide range of video-based devices and services [2]
InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology
GlobeNewswire News Room· 2024-09-16 12:30
WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, was awarded two CSI Awards recognizing excellence in video processing solutions and the delivery of immersive video experiences. The CSI awards, organized by the Cable and Satellite International (CSI) Magazine, recognize innovation and excellence in the cable, satellite, broadcast, IPTV, telco, broadband/OTT video, mobile TV and associated sectors. The ...
InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030
GlobeNewswire News Room· 2024-09-16 12:00
WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, has announced targets of $1 billion in annual recurring revenue and $600 million in adjusted EBITDA by 2030. "In the past four years, we have almost doubled our revenue, improved our execution across the business, and taken multiple steps to enhance shareholder value," noted Liren Chen, President and CEO, InterDigital. "Based on our world-class innovatio ...
Interdigital Announces Increase of Regular Quarterly Cash Dividend
GlobeNewswire News Room· 2024-09-10 12:00
WILMINGTON, Del., Sept. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.40 to $0.45 per share. The increase in the regular quarterly dividend will take effect beginning with the dividend paid in fourth quarter 2024. The Board of Directors also declared a regular quarterly cash dividend of $0.45 per share on i ...
At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability
GlobeNewswire News Room· 2024-09-09 08:00
WILMINGTON, Del., Sept. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced its return to the 6GSymposium alongside partners Northeastern University Institute for the Wireless Internet of Things, Next G Alliance, and host 6GWorld. InterDigital is a founding partner of the 6GSymposium, which is now in its fifth year. The 2024 Fall Symposium focuses on "Crucial Conversations" and invites leaders in technology, policy, an ...
IDCC to Demonstrate Cutting Edge Video Innovation: Stock to Gain?
ZACKS· 2024-08-29 17:00
InterDigital, Inc. (IDCC) recently announced that it will demonstrate its leading-edge Video innovations, such as Advanced HDR by Technicolor and the V3C (Video Based Coding) Immersive Platform, at the International Broadcasting Convention (IBC) 2024. The IBC 2024 is set to take place in Amsterdam from Sep. 13-16. The company is set to display its MPEG Visual Volumetric V3C Immersive Platform, a collaborative innovation of IDCC and Philips. The solution enables visualization, testing, and demonstration of v ...
InterDigital to Showcase Excellence in Broadcast and Immersive Video Solutions at IBC 2024
GlobeNewswire News Room· 2024-08-29 08:00
WILMINGTON, Del., Aug. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, will showcase state-of-the-art video innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 13 – 16. InterDigital will demonstrate at IBC alongside partners at the Ultra HD Forum, IABM lounge, and 5G-MAG Insights Tech Conference to amplify the impact of immersive video codecs and implementations of Advanced ...
More than half of connected devices will be haptic enabled by 2028, revealing exciting opportunity for immersive video
GlobeNewswire News Room· 2024-08-20 08:00
WILMINGTON, Del., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Haptics, or the sense of touch, is increasingly being incorporated into the connected experience to enhance communications, services, and entertainment, and was spotlighted in a new white paper commissioned by mobile, video and AI technology research and development company InterDigital, Inc. (Nasdaq: IDCC) and written by market research firm Futuresource. The report reveals how, for the first time, haptics is being considered as a first order media type, ...
InterDigital: Growing Fast By Monetizing AI For Video
Seeking Alpha· 2024-08-09 15:52
Ake Puttisarn/iStock via Getty Images InterDigital Inc. (NASDAQ:IDCC) is a midcap stock whose most recent upside coincided with the weakness suffered by the Invesco QQQ Trust ETF (QQQ) as shown in the chart below. While it is true that the company's upbeat financial results for the second quarter of 2024 (FQ2) released on August 1 did help, the fact that it was not impacted by the general volatility engulfing tech names suggests strength. Comparing recent performance with the tech-heavy QQQ (seekingalpha.co ...