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InterDigital signs new license agreements with TPV
IDCCInterDigital(IDCC) 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]