Interdigital Inc - IDCC STOCK NEWS

InterDigital (NASDAQ: IDCC) and Keysight Technologies announced they will showcase dynamic AI-enabled sensing capabilities at Mobile World Congress (MWC) 2025. The demonstration, to be presented at InterDigital's booth, will implement a sensing solution using existing 3GPP signals to show how AI enhances sensing accuracy in dynamic environments.

The joint demo will highlight how AI-enabled sensing can achieve high accuracy in dynamic or cluttered environments, enabling real-time monitoring and seamless data integration. Using a radio frequency digital twin and 3GPP-compliant signals, the demonstration will showcase the network's ability to track human presence and movement by analyzing channel state information variations.

This technology aligns with anticipated 6G features, including the integration of sensing and communication (ISAC) and widespread AI implementation in networks. The demonstration includes technology developed under the CENTRIC and 6G-SANDBOX projects, funded by the Smart Networks and Services Joint Undertaking.

InterDigital (NASDAQ: IDCC) will showcase its innovations in wireless, video, and AI technology at Mobile World Congress 2025. The company will demonstrate several cutting-edge technologies at Hall 5 Stand 5C51, including:

- Future of Immersive Sports Entertainment featuring 2D HDR video quality and haptic feedback
- Smartphone Energy Savings using AI-enabled Pixel Value Reduction (PVR)
- Integrated Sensing and Communication (ISAC) for 6G networks
- Dynamic AI-Enabled Sensing in collaboration with Keysight
- Split Squeeze Computing for AI applications

The demonstrations focus on enhancing network capabilities, improving media delivery over wireless networks, and showcasing practical AI applications. InterDigital's CTO Rajesh Pankaj emphasized the company's role in leveraging AI efficiencies and innovating solutions for wireless network services.

InterDigital (IDCC) reported strong financial results for Q4 and full year 2024. Q4 revenue surged 140% year-over-year to $253 million, while full-year revenue reached a record $869 million, up 58% from 2023. The company's Q4 net income increased 241% to $133.1 million, with diluted EPS of $4.09.

The Board approved a 33% increase in quarterly dividend from $0.45 to $0.60 per share, effective Q2 2025. Smartphone revenue grew 162% to $230.6 million in Q4, while CE, IoT/Auto segment revenue increased 28% to $21.8 million.

For 2025, InterDigital projects Q1 revenue between $112-116 million and full-year revenue of $660-760 million. The company recently filed enforcement actions against Disney over unlicensed use of their technology across Disney+, Hulu, and ESPN+ platforms.

InterDigital (IDCC) has announced a significant increase in its quarterly cash dividend, raising it from $0.45 to $0.60 per share. This 33.3% dividend increase will be effective from the second quarter of 2025. The company's Board of Directors has declared that the next quarterly dividend payment of $0.60 per share will be made on April 23, 2025, to shareholders of record as of April 9, 2025. InterDigital, which focuses on mobile, video and AI technology research and development, made this announcement as part of its ongoing commitment to shareholder returns.

InterDigital (IDCC), a mobile, video and AI technology research and development company, has scheduled the release of its fourth quarter 2024 financial results for Thursday, February 6, 2025, before market open. The company will host a conference call at 10:00 a.m. ET on the same day to discuss performance.

Investors can access a live webcast through the company's website by clicking the 'Webcast' link on the Investors page. For those preferring telephone access, registration is required through the 'Dial-In Registration' link to obtain the necessary phone number and PIN. A replay of the conference call will be available on the company's website under Events in the Investors section for one year.

InterDigital (NASDAQ: IDCC) and Futuresource released a research paper highlighting the TV and video streaming industry's significant environmental impact, accounting for 4% of global emissions - double that of aviation. The study reveals that video entertainment devices' energy consumption has declined by 17% since 2020, with an additional 12% reduction expected by 2028.

The research emphasizes that video represents about 80% of total internet traffic, significantly impacting data centers' CO2 output. Notable findings include that each hour of film production generates 16.6 tCO2e of carbon, and in 2024, TVs generated an estimated 54 MtCO2e of emissions. The paper highlights solutions like Pixel Value Reduction (PVR) technology, which could have saved approximately 48 million kWh of energy if applied to the Paris Olympics broadcasts.

InterDigital (IDCC), a company focused on mobile, video and AI technology research and development, has announced its participation in the 27th Annual Needham Growth Conference. The presentation is scheduled for Tuesday, January 14th, 2025, at 4:30 PM ET.

The event will feature a live webcast, and an archived replay will be made available after the conference. Interested parties can find more information in the Investors section of InterDigital's website as the event date approaches.

InterDigital (IDCC) has been awarded a Fierce Network Innovation Award for its groundbreaking AI-empowered receiver design for 6G wireless communications. The innovation, announced on December 19, uses AI and machine learning to revolutionize wireless communications by combining three traditional signal processing functions into a single AI/ML model.

The technology, validated through testing with Keysight Technologies, performs channel estimation, equalization, and demodulation simultaneously, delivering improved throughput performance and reduced communication overhead compared to conventional designs. The solution demonstrates enhanced robustness to hardware and radio impairments while simplifying receiver design, making it particularly suitable for 6G applications.

InterDigital announced that Dong Tian, Senior Director for 3D Video Coding, has been named an IEEE Fellow, the highest grade of IEEE membership awarded to less than 0.1% of its voting members. Tian was recognized for his contributions to 3D video compression, processing, and analysis through the IEEE Signal Processing Society.

His selection was based on career achievements and contributions to video compression projects that have influenced video standards, particularly in 3D video compression coding and rendering frameworks. Tian's work includes research on 3D point cloud processing and analysis, focusing on efficient representations and scene analysis capabilities.

Tian currently serves as chair of the IEEE Multimedia Systems and Applications technical committee and holds leadership positions in MPEG-AI and MPEG-AI-PCC standard projects.