InterDigital and Samsung conclude arbitration and announce new license agreement

Core Points - InterDigital, Inc. has concluded its arbitration with Samsung Electronics and entered into a new patent license agreement [1][2] - The previous license agreement between InterDigital and Samsung expired on December 31, 2022, leading to the arbitration process initiated in January 2023 [2] Company Overview - InterDigital is a global research and development company focused on wireless, video, artificial intelligence (AI), and related technologies [3] - The company designs and develops foundational technologies that enable connected and immersive experiences across various communications and entertainment products and services [3] - InterDigital licenses its innovations to a wide range of companies, including those in wireless communications, consumer electronics, IoT devices, and cloud-based services [3] - Founded in 1972, InterDigital is listed on Nasdaq and is recognized as a leader in wireless technology and video processing [3]