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InterDigital, Inc. (NASDAQ:IDCC) Signs Patent License Agreement with LG Electronics
Financial Modeling Prep· 2026-01-20 21:12
Core Insights - InterDigital, Inc. has signed a significant patent license agreement with LG Electronics, covering LG's digital TVs and computer display monitors, utilizing technologies such as ATSC 3.0, Wi-Fi, and video codecs [1][5] - Roth Capital has reaffirmed a "Buy" rating for InterDigital following the agreement, leading to a positive outlook for 2026 [2] - InterDigital's stock price has increased to $329.51, reflecting a 6.72% rise, indicating strong investor interest [3][5] Company Overview - InterDigital focuses on research and development in mobile, video, and AI technologies, with a market capitalization of approximately $8.48 billion [4] - The company's innovations in advanced video compression, broadcast, and Wi-Fi are crucial for a wide range of devices and services [4] - The negotiation process with LG was amicable, highlighting the strategic importance of the agreement [4]
InterDigital to Present at 28th Annual Needham Growth Conference
Globenewswire· 2026-01-07 13:30
Core Viewpoint - InterDigital, Inc. will present at the 28th Annual Needham Growth Conference on January 14, 2026, at 11:00 AM ET, highlighting its focus on mobile, video, and AI technology research and development [1]. Company Overview - InterDigital is a global research and development company specializing in wireless, video, artificial intelligence (AI), and related technologies, enabling connected and immersive experiences across various communication and entertainment products [3]. - The company designs and develops foundational technologies that are licensed worldwide to manufacturers of wireless communication devices, consumer electronics, IoT devices, and cloud-based service providers, including video streaming [3]. - Founded in 1972 and listed on Nasdaq, InterDigital has a strong history in wireless technology, contributing to innovations from early digital cellular systems to advanced 5G and Wi-Fi technologies [3]. - The company is also recognized for its leadership in video processing and encoding/decoding technology, with significant research efforts in AI that intersect with wireless and video technologies [3].
InterDigital to Present at Three Upcoming Investor Conferences
Globenewswire· 2025-11-12 13:30
Core Insights - InterDigital, Inc. will present at three upcoming investor conferences, with live webcasts and archived replays available [1][3] Company Overview - InterDigital is a global research and development company focused on wireless, video, artificial intelligence (AI), and related technologies [2] - The company designs and develops foundational technologies that enable connected and immersive experiences across various communications and entertainment products and services [2] - InterDigital licenses its innovations worldwide to companies in sectors such as wireless communications, consumer electronics, IoT devices, automotive, and cloud-based services like video streaming [2] - As a leader in wireless technology, InterDigital has developed innovations used in products and networks from early digital cellular systems to 5G and advanced Wi-Fi technologies [2] - The company is also a leader in video processing and encoding/decoding technology, with significant AI research intersecting with wireless and video technologies [2] - Founded in 1972, InterDigital is listed on Nasdaq [2]
InterDigital enforces patents against Amazon
Globenewswire· 2025-11-10 09:30
Core Viewpoint - InterDigital, Inc. has initiated litigation against Amazon for the infringement of its intellectual property related to video content compression and HDR technology [1][2]. Group 1: Litigation Details - The patents involved pertain to the compression of video content and enhancement of picture quality through HDR technology [2]. - Legal actions have been filed in multiple jurisdictions, including the United States Federal District Court in Delaware, Brazil's Rio de Janeiro State Court, Germany's Munich Regional Court, and the Local Division of Mannheim in the Unified Patent Court [3]. Group 2: Company Position - InterDigital prefers to resolve licensing issues through amicable negotiations but indicates that Amazon's choice to litigate reflects a preference for legal battles over negotiations [4]. - The company emphasizes the importance of fair compensation for its innovations, which are crucial for Amazon's ability to deliver high-quality content globally [4]. Group 3: Company Overview - InterDigital is a global R&D company focused on wireless, video, AI, and related technologies, providing foundational technologies for various communication and entertainment products [5]. - The company has a history of innovation in wireless technology, from early digital cellular systems to advanced 5G and Wi-Fi technologies, and is also a leader in video processing and AI research [5].
InterDigital awarded injunction against Disney by German court
Globenewswire· 2025-11-03 09:30
Core Insights - InterDigital, Inc. has been awarded an injunction against Disney by a German court for patent infringement related to video streaming technology [1][2] - The Munich Regional Court ruled that Disney infringed on InterDigital's patent that allows for dynamically overlaying video streams, such as adding subtitles [2] - This ruling follows a similar preliminary injunction granted in Brazil, indicating a pattern of legal victories for InterDigital against Disney [3] Company Overview - InterDigital is a global research and development company specializing in wireless, video, and AI technologies, focusing on creating foundational technologies for connected experiences [4] - The company licenses its innovations to various sectors, including wireless communications, consumer electronics, IoT devices, and cloud-based services like video streaming [4] - Founded in 1972 and listed on Nasdaq, InterDigital has a strong history in wireless technology, contributing to advancements from early digital cellular systems to 5G and advanced Wi-Fi technologies [4]
InterDigital acquires AI startup Deep Render
Globenewswire· 2025-10-30 08:30
Core Insights - InterDigital, Inc. has acquired Deep Render, an AI startup specializing in video codecs, enhancing its leadership in video compression and AI talent [1][2][4] Company Overview - InterDigital is a global research and development company focused on wireless, video, and AI technologies, providing foundational technologies for connected experiences across various products and services [5] Acquisition Details - The acquisition of Deep Render adds significant depth to InterDigital's AI expertise and strengthens its market-leading video portfolio with Deep Render's patent portfolio in AI-based video coding [2][4] - Deep Render, founded in London in 2018, has pioneered AI applications in video and image compression, aiming to transform video processing and distribution [3] Strategic Implications - The acquisition is expected to enhance InterDigital's capabilities in delivering high-quality video efficiently, positioning the company to lead the development of next-generation video technologies [4] - InterDigital's commitment to integrating AI into its wireless and video research is further solidified through this acquisition, which aims to improve network efficiency and content consumption [4]
InterDigital Announces Date for First Quarter 2025 Financial Results
Globenewswire· 2025-04-15 12:30
WILMINGTON, Del., April 15, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its first quarter 2025 financial results before the market open on Thursday, May 1, 2025. 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 the ...
InterDigital signs license agreement with HP
Globenewswire· 2025-04-07 12:15
Core Insights - InterDigital, Inc. has signed a multi-year license agreement with HP Inc. for its Wi-Fi and video decoding technologies [1][2] - This agreement allows HP and its PC customers to benefit from InterDigital's foundational innovations and supports further investment in wireless, video, and AI research [2] - With this agreement, InterDigital now holds licenses for over 50% of the PC market [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]
InterDigital to demonstrate “HDR Without Limits” alongside partners at NAB 2025
Globenewswire· 2025-04-01 08:00
Core Insights - InterDigital is showcasing its high-dynamic range (HDR) video streaming technologies at NAB 2025, emphasizing the theme "HDR Without Limits" [1][3] - The company's HDR innovations facilitate the production of both HDR and standard dynamic range (SDR) content in a unified workflow, catering to the increasing consumer demand for high-quality video [2][3] Company Overview - InterDigital is a global research and development firm focused on wireless, video, and AI technologies, providing foundational technologies for connected and immersive experiences across various communication and entertainment products [4] - The company has a long history in wireless technology, contributing to advancements from early digital cellular systems to modern 5G and Wi-Fi technologies [4] Industry Impact - HDR technology enhances video content by improving contrast, brightness, and color range, leading to its rapid adoption in production and distribution [2] - InterDigital collaborates with Philips under the Advanced HDR by Technicolor brand to create solutions that enhance live sports viewing experiences through vibrant colors and improved detail [2][3] Event Highlights - At NAB 2025, visitors can experience "HDR Without Limits" at various partner booths, showcasing the capabilities of Advanced HDR by Technicolor in live sports and entertainment content [5]