Welcome to our dedicated page for Interdigital news (Ticker: IDCC), a resource for investors and traders seeking the latest updates and insights on Interdigital stock.
InterDigital Inc (NASDAQ: IDCC) is a pioneering force in wireless communications and AI-driven multimedia technologies, shaping global connectivity standards through strategic R&D and patent licensing. This news hub provides investors and technology professionals with essential updates on the company's innovations, partnerships, and market positioning.
Track InterDigital's progress through verified press releases covering patent licensing agreements, spectrum optimization breakthroughs, and video encoding advancements. Our curated collection includes financial disclosures, technology white papers, and analysis of strategic collaborations with leading consumer electronics manufacturers and telecom providers.
Key focus areas include developments in 5G/6G infrastructure support, AI-enhanced video compression techniques, and international patent portfolio expansions. Users will find updates on critical legal proceedings affecting intellectual property rights and detailed reports on quarterly earnings calls highlighting R&D investment trends.
Bookmark this page for real-time access to InterDigital's official communications regarding cross-industry standardization efforts, IoT connectivity solutions, and innovations in mobile broadband efficiency. Stay informed about the technologies powering next-generation devices and networks through comprehensive, chronological updates from trusted sources.
InterDigital (NASDAQ:IDCC) announced a UK High Court ruling confirming that Lenovo infringed on its patent essential to the 4G LTE standard. The court found the patent valid, emphasizing the strength of InterDigital's wireless patent portfolio. A trial to set licensing terms is scheduled for early 2022, following this judgment. This legal action is part of InterDigital's ongoing efforts to enforce its R&D investments in mobile and video technology, which are critical to many global technology leaders.
InterDigital (NASDAQ:IDCC) announced it will release its second quarter 2021 financial results on August 5, 2021, before market open. A conference call will follow at 10:00 a.m. ET to discuss financial performance and other matters. Interested parties can access the call via a live webcast on InterDigital's website. The company provides mobile and video technology solutions globally and is included in the S&P SmallCap 600 index.
InterDigital has announced its membership as a founding participant in the University of Texas at Austin’s 6G Research Center (6G@UT). This consortium includes major players such as Samsung, AT&T, NVIDIA, and Qualcomm, focusing on next-generation wireless technologies crucial for the 6G roadmap. The center will investigate areas like ubiquitous sensing and machine learning over a three-year period, with each company sponsoring two projects. Furthermore, InterDigital is also a founding member of the ATIS Next G Alliance, aimed at preparing the U.S. for future wireless advancements.
InterDigital, Inc. (NASDAQ:IDCC) has announced a non-recurring net charge of approximately $28-$32 million for Q2 2021 as it shifts focus to core technologies. This includes a $12-$14 million non-cash impairment from asset disposal. The company expects total operating expenses for the quarter to be $91-$96 million. However, these changes are projected to yield annual cost savings of about $15 million starting Q4 2021, prior to any reinvestments.
InterDigital announced a collaborative demonstration with Anritsu for a smart factory use case utilizing 5G New Radio (NR) and network slicing. This demo showcases the Intelligent Edge solution alongside the Anritsu Rapid Test Designer, illustrating the benefits of network slicing and multi-access edge computing (MEC) for industry advancements. The solution enhances data flow management between physical factories and digital edges, improving latency and performance. The demo will be featured at Mobile World Congress 2021, highlighting the potential of 5G technologies in supporting Industry 4.0 applications.
InterDigital has successfully conducted a pilot showcasing the advantages of 5G edge solutions for Industry 4.0 applications using AWS Wavelength on the Vodafone 5G network. This pilot achieved average downstream bandwidth of 50 Mbps and latency under 15 ms, surpassing the requirements for real-time applications like remote robotic navigation. The collaboration with Vodafone and AWS highlights the potential for 5G edge technology to enhance manufacturing processes, such as defect detection and vehicle navigation. InterDigital aims to leverage these advancements for better connectivity and analytics.
On June 2, 2021, InterDigital (NASDAQ:IDCC) held its annual shareholder meeting online. Shareholders elected seven board members for a one-year term, including Liren Chen and Joan H. Gillman. An advisory resolution on executive compensation was also approved, along with the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2021. The meeting's webcast archive is available for viewing.
InterDigital focuses on developing mobile and video technologies, addressing complex technical challenges in broadband networks and multimedia delivery.
InterDigital, Inc. (NASDAQ:IDCC) has declared a quarterly cash dividend of $0.35 per share on its common stock. This dividend will be paid on July 28, 2021, to shareholders who are on record as of the close of business on July 14, 2021.
InterDigital focuses on pioneering mobile and video technology, developing critical solutions for global broadband networks and multimedia experiences. The company has established partnerships with major technology organizations and is a constituent of the S&P SmallCap 600 index.
InterDigital (NASDAQ:IDCC) has announced revenue guidance for Q2 2021, estimating total revenue between $83 million and $88 million, which includes $9 million from a static fixed-fee license agreement. This guidance excludes any potential revenues from new patent licenses or agreements that may arise this quarter. The company emphasizes that various risks, including litigation and market conditions, could materially affect these projections.
InterDigital has been awarded for its AdvantEDGE Open Edge Emulation Platform at the Small Cell Forum Awards for innovation in emerging technology. This platform enhances small cell networks and supports edge computing, crucial for applications like autonomous vehicles and mixed reality. With over 100,000 downloads, AdvantEDGE allows developers to experiment with network designs and services on a scalable basis. The company aims to facilitate exploration of edge-native applications, underscoring its commitment to advancing technology in mobile and video sectors.
