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) reported strong third quarter 2020 results, highlighting a 21% year-over-year increase in recurring revenue of $87.0 million, driven by eight new patent license agreements, including with Huawei and ZTE. Total revenue reached $87.5 million. Operating income surged to $15.4 million, a fourfold increase from $3.8 million in Q3 2019. Net income hit $23.8 million or $0.76 per diluted share. The company maintained solid cash flow with $101.3 million from operations and $919.4 million in cash and short-term investments, despite the ongoing pandemic.
InterDigital (NASDAQ: IDCC) announces its partnership with Plug and Play as an Anchor member for the Media & Advertising program. This collaboration aims to foster innovation and develop a new gaming vertical within a year. Recognized for its advancements in wireless and visual technologies, InterDigital will guide partnerships in gaming, leveraging its expertise in low latency networks and video production. Set to lead in cloud gaming technologies, InterDigital targets an industry expected to reach 3.5 billion gamers by 2024.
InterDigital (NASDAQ:IDCC) and Blacknut have initiated a collaboration focused on enhancing cloud gaming technologies. The partnership aims to tackle challenges in cloud gaming, particularly in media delivery, latency reduction, and interactive experiences. InterDigital boasts a strong background in video streaming and communications, while Blacknut offers expertise in cloud gaming services. This three-year commitment builds on their previous successful deployment of an AI-driven gaming interface, with the potential to shape the future of gaming technologies for over 3.5 billion gamers by 2024.
InterDigital (NASDAQ:IDCC) has announced its founding membership in the Next G Alliance, a new standards group formed to advance 6G and future wireless technologies. This initiative, led by ATIS, aims to prepare the U.S. for competition in critical wireless infrastructure. InterDigital joins major industry players like AT&T, Nokia, and Qualcomm. The company, known for its robust contribution to wireless standards, plans to host a 6G Symposium in collaboration with Northeastern University, highlighting its commitment to innovation.
InterDigital announces that Alan Carlton will present “Introduction to 6G” at the Broadcast Techfest on October 15, 2020. This event focuses on innovation in media production and connectivity technologies. Carlton's 25+ years in the wireless industry will guide his insights on the 6G technology roadmap, addressing the challenges posed by immersive experiences on current wireless networks. The presentation precedes InterDigital’s inaugural 6G Symposium, which aims to define the future of 6G through discussions with industry leaders.
InterDigital, a mobile and video technology company, and the Institute for the Wireless Internet of Things at Northeastern University will host the inaugural 6G Symposium on October 20-21, 2020. This virtual conference will feature FCC Chairman Ajit Pai and NIST Director Dr. Walter G. Copan as headline speakers. Discussions will focus on U.S. initiatives related to Beyond 5G and 6G technologies, highlighting spectrum policy and government research efforts. The event aims to unite industry leaders in shaping the future of wireless communication.
InterDigital (NASDAQ:IDCC) will release its Q3 2020 financial results on November 5, 2020, before market open. A conference call will follow at 10:00 a.m. ET to discuss the results. Investors can access a live webcast on the company’s website. For those preferring telephone access, calls can be made to +1 (800) 367-2403 (U.S. and Canada) or +1 (334) 777-6978 (international) by 9:50 a.m. ET on the same day. Replays of the conference call will be available online and via telephone after the call concludes.
InterDigital, listed on NASDAQ under IDCC, announced its participation in the Sidoti Virtual Investor Conference scheduled for September 24, 2020, at 10:45 AM ET. The event will be accessible via live webcast, with a replay available post-conference. Founded in 1972, InterDigital specializes in mobile and video technologies, addressing critical industry challenges and enhancing broadband networks and multimedia experiences. The company holds strategic partnerships with leading tech firms and is part of the S&P MidCap 400 index.
InterDigital, Inc. (NASDAQ: IDCC) has launched CompressAI, an open-source software platform designed to accelerate AI-driven video compression research. By automating complex processes, CompressAI enables researchers to quickly develop and evaluate AI-based codecs essential for next-generation video standards. Key features include data management, specialized neural network layers, pre-trained models, and benchmarking tools to assess codec performance. The platform is publicly accessible on GitHub, supporting global research efforts to enhance video compression capabilities amidst increasing demands for high-quality streaming.
InterDigital, Inc. (NASDAQ: IDCC) announced a quarterly cash dividend of $0.35 per share on September 10, 2020. This dividend will be payable on October 28, 2020 to shareholders recorded by the close of business on October 14, 2020. InterDigital is recognized for developing mobile and video technologies essential for devices and networks worldwide, being a key player in addressing complex technical challenges. The company is listed on NASDAQ and is part of the S&P MidCap 400 index.
