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Interdigital Inc - IDCC STOCK NEWS

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.

Company Overview

InterDigital Inc (IDCC) is a globally recognized research and development company that has been instrumental in the evolution of wireless, video, and artificial intelligence technologies. The company develops foundational innovations that are embedded in mobile devices, sophisticated networks, and a wide range of consumer and enterprise services worldwide. With an unwavering commitment to enhancing global connectivity, InterDigital’s advanced technologies are critical to enabling efficient wireless networks and delivering immersive multimedia experiences.

Core Technologies and Innovation

At the heart of InterDigital’s operations is a rigorous focus on technical innovation within the wireless domain. The company is renowned for its pioneering research in spectrum optimization, cross-network connectivity, and intelligent data delivery techniques, which are vital for mitigating the wireless bandwidth crunch. Its extensive portfolio also includes breakthroughs in video processing and encoding/decoding technology combined with artificial intelligence. These innovations support the realization of next-generation mobile broadband and seamless connectivity across various platforms, ensuring that technological advancements are both reliable and scalable.

Business Model and Revenue Streams

InterDigital’s business model centers on monetizing its intellectual property through strategic licensing agreements. The majority of its revenue is generated via fixed-fee patent licensing arrangements, with additional income derived from variable royalty agreements based on the deployment of its patented technologies. This licensing approach not only provides a steady revenue stream but also fosters long-term partnerships with leading companies in consumer electronics, telecommunications, automotive, and cloud-based services sectors. Such relationships are essential for integrating InterDigital’s innovations into a diverse range of products and services, thereby reinforcing its market significance.

Global Presence and Strategic Collaborations

Operating on a truly global scale, InterDigital has a strong presence in key markets across the United States, Asia, and Europe. The company’s ability to form strategic licensing partnerships with top-tier organizations has enabled its technologies to be incorporated into a broad array of devices—from smartphones and wearables to IoT devices and automotive systems. These collaborations not only drive technological adoption but also set industry standards, as evidenced by its successful engagements with major players in the wireless and consumer electronics ecosystems.

Industry Significance and Technological Impact

InterDigital’s contributions to the wireless ecosystem are both significant and far-reaching. By addressing critical challenges in network optimization and the efficient utilization of wireless spectrum, the company plays a pivotal role in ensuring that modern communication systems can meet the growing demand for connectivity. Its innovations facilitate improved multimedia experiences and robust mobile broadband, thereby enhancing user interactions in an increasingly digital world. Moreover, the company’s focus on developing technologies that elevate both network performance and data delivery efficiency underscores its important role in shaping future standards in wireless communications.

Competitive and Legal Landscape

Within a highly competitive industry, InterDigital distinguishes itself through its strong research and development capabilities and its extensive patent portfolio. The company is proactive in engaging in licensing negotiations and legal proceedings to safeguard its intellectual property. Successful legal outcomes and binding arbitration agreements serve as testaments to the robustness of its technology and its strategic approach to maintaining a fair competitive environment. This balanced approach not only protects the value of its innovations but also reinforces industry standards across the wireless and multimedia sectors.

Expertise and Commitment to Innovation

With decades of experience in advanced technology research, InterDigital has consistently demonstrated expertise in developing and licensing innovations that are critical to the future of digital communications. The company’s work in wireless technology, video processing, and AI-driven solutions reflects a deep understanding of both current market needs and emerging trends. Its ongoing commitment to research excellence and strategic collaborations positions it as an essential contributor to technological progress, serving as a backbone for modern connectivity and multimedia services worldwide.

In conclusion, InterDigital Inc remains a cornerstone in the evolution of wireless, video, and AI technologies. Through comprehensive research, strategic licensing, and global collaboration, the company continues to drive forward the capabilities of modern communication systems, ensuring that robust, efficient, and immersive technologies reach billions of users globally.

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InterDigital, Inc. (IDCC) announced the conversion of its 3.50% Senior Convertible Notes due 2027 during the quarter ending March 31, 2024. The current conversion rate is 12.9041 shares of InterDigital’s Common Stock per $1,000 principal amount of the Notes. The company also disclosed call spread transactions to reduce the net number of shares issued in the event of conversion, effectively increasing the conversion price of the Notes from $77.49 to $106.35.
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InterDigital, Inc. (IDCC) has joined Princeton University’s NextG Initiative, focusing on AI in wireless. The partnership aims to advance technology, policy, and industry-academia-government partnerships related to wireless, cloud, and networks of the future. InterDigital will contribute critical research on AI in wireless, including high-quality channel models, enhanced MIMO, integrated sensing and communications, and other future wireless applications.
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InterDigital, Inc. (Nasdaq: IDCC) announced unaudited preliminary financial results for Q4 2023 and an outlook for Q1 2024. Q4 2023 saw total revenue of $105 million, operating expenses of $81 million, and net income of $34 million. Q1 2024 outlook includes revenue of $245-255 million and net income of $70-85 million.
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InterDigital, Inc. (Nasdaq: IDCC) has signed a new patent license agreement with Samsung Electronics, licensing Samsung’s digital TVs and computer display monitors under InterDigital's joint licensing program with Sony. The agreement includes licenses to key technologies including ATSC 3.0, HEVC, VVC, and Wi-Fi. Eeva Hakoranta, Chief Licensing Officer, InterDigital, highlighted the significance of this agreement, emphasizing the value of their technology for the consumer electronics market.
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InterDigital, Inc. (Nasdaq: IDCC) to present at 26th Annual Needham Growth Conference on January 18th, 2024
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InterDigital, Inc. (Nasdaq: IDCC) renews patent license agreements with Panasonic Entertainment & Communication Co., Ltd., extending Panasonic’s license under InterDigital’s HEVC patents and digital TV license under joint licensing program with Sony. Chief Licensing Officer, Eeva Hakoranta, expresses gratification and validates the quality of the video portfolio and innovation in today’s TV market.
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InterDigital, Inc. (Nasdaq: IDCC) has been awarded an injunction against OPPO, Realme, and OnePlus by a court in Germany for infringing on InterDigital's 5G patent. The court ruled in favor of InterDigital, stating that the company has acted in a FRAND manner and that the defendants are unwilling licensees. This victory showcases InterDigital's innovation and leadership in licensing standardized technologies like 5G.
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InterDigital, Inc. (Nasdaq: IDCC) has increased its existing share repurchase program by approximately $235 million to a total of $300 million, effective December 1, 2023. The company's Board of Directors has authorized this increase, which will depend on prevailing market conditions and other factors. Repurchases will be made using the company's cash resources, and the program may be commenced or suspended at the company's discretion without prior notice.
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InterDigital, Inc. (Nasdaq: IDCC) commissioned a report by Futuresource, highlighting HEVC as the leading codec for high-quality streaming content. The report discusses HEVC's development, its role in delivering HD and UHD/4K streaming video, and its increased usage by streaming giants like Amazon Prime, Apple TV+, Netflix, Hulu, Disney, NBC, Paramount, and Warner Bros. The addressable market for HEVC-supported devices is expected to expand to ten billion by 2030, indicating significant growth potential.
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InterDigital, Inc. (Nasdaq: IDCC) announced the election of Joseph Levy, Principal Engineer, to serve as a voting member of the IEEE Standards Association Board of Governors for a two-year term from 2024 to 2025. IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. The Board of Governors directs the IEEE SA in establishing policy, providing financial oversight, and managing all IEEE standards-related activities. Joseph Levy's election reflects his deep engagement in IEEE standards activities and demonstrated commitment to global standards, as stated by InterDigital Chief Technology Officer Rajesh Pankaj.
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FAQ

What is the current stock price of Interdigital (IDCC)?

The current stock price of Interdigital (IDCC) is $191.54 as of April 23, 2025.

What is the market cap of Interdigital (IDCC)?

The market cap of Interdigital (IDCC) is approximately 5.2B.

What is InterDigital Inc's core business?

InterDigital Inc specializes in the research and development of wireless, video, and AI technologies that form the foundation for modern mobile and digital communications.

How does InterDigital generate revenue?

The company primarily earns revenue through fixed-fee patent licensing agreements, with additional income from variable royalty arrangements tied to the deployment of its technologies.

What are the key technological areas InterDigital focuses on?

InterDigital focuses on innovations in wireless communications, including spectrum optimization, cross-network connectivity, intelligent data delivery, and advanced video processing with AI integration.

Who are the typical licensees for InterDigital’s technologies?

Licensees include leading companies in consumer electronics, telecommunications, IoT, automotive systems, and cloud-based services, all of which integrate its technology into their products and services.

How does InterDigital maintain its competitive edge?

The company invests heavily in R&D and holds an extensive patent portfolio, ensuring it can lead in technological innovation while effectively managing legal challenges and licensing disputes through arbitration and court decisions.

What role does InterDigital play in global connectivity?

InterDigital’s technologies are crucial in optimizing wireless network performance and enhancing multimedia experiences, enabling seamless connectivity across multiple devices and platforms on a global scale.

How is InterDigital influencing industry standards?

Through its pioneering research and strategic licensing agreements, InterDigital sets benchmarks in wireless technology and multimedia processing, driving industry innovation and establishing standards that benefit global communication networks.

What makes InterDigital a trusted name in technology innovation?

Decades of experience, robust research methodologies, and a proven track record in developing essential technologies for wireless communications and digital media underscore InterDigital’s commitment to excellence and industry leadership.
Interdigital Inc

Nasdaq:IDCC

IDCC Rankings

IDCC Stock Data

5.21B
25.34M
1.21%
101.61%
8.5%
Software - Application
Patent Owners & Lessors
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United States
WILMINGTON