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InterDigital and The University of Texas at Austin to Showcase Over-the-Air Federated Learning for AI Model Training at Brooklyn 6G Summit
GlobeNewswire News Room· 2024-10-21 08:00
WILMINGTON, Del., Oct. 21, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced its participation in the 2024 Brooklyn 6G Summit, taking place October 23 – 25. At the show, InterDigital and researchers from The University of Texas at Austin will display the latest in their collaboration to validate AI solutions for wireless networks and shape how AI will be used for 5G and 6G. Jointly organized by Nokia and the NYU Wireless ...
IDCC or MSI: Which Is the Better Value Stock Right Now?
ZACKS· 2024-10-17 16:45
Investors with an interest in Wireless Equipment stocks have likely encountered both InterDigital (IDCC) and Motorola (MSI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style ...
InterDigital Announces Date for Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-15 12:00
WILMINGTON, Del., Oct. 15, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its third quarter 2024 financial results before the market open on Thursday, October 31, 2024. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on ...
UPDATE -- InterDigital and Lenovo agree to enter into new license agreement – final terms to be determined in binding arbitration
GlobeNewswire News Room· 2024-10-09 18:22
WILMINGTON, Del., Oct. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it agreed to enter into a new patent license agreement with Lenovo. The parties will enter into binding arbitration to determine the final terms of the new agreement. As part of the agreement to arbitrate, both parties have agreed to settle all pending litigations between them. "When disputes do arise in licensing negotiations, bindin ...
InterDigital and Lenovo agree to enter into new license agreement – final terms to be determined in binding arbitration
GlobeNewswire News Room· 2024-10-09 08:00
WILMINGTON, Del., Oct. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it agreed to enter into a new patent license agreement with Lenovo. The parties will enter into binding arbitration to determine the final terms of the new agreement. As part of the agreement to arbitrate, both parties have agreed to settle all pending litigations between them. "When disputes do arise in licensing negotiations, bindin ...
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 ...