InterDigital, Inc. (IDCC) achieved near-record total revenues and record smartphone licensing revenues, reaching $834 million and $678.9 million respectively, driven by successful licensing deals including with Samsung, Vivo, and Honor. The company also reported record net income and adjusted EBITDA. InterDigital, a global R&D firm, focuses on patenting and licensing foundational wireless communication and video processing technologies, recently filing patent infringement lawsuits against Hisense and TCL.
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Licensing Deals Propel InterDigital, Inc. (IDCC) to Record Revenues
InterDigital, Inc. (IDCC) achieved near-record total revenues and record smartphone licensing revenues, reaching $834 million and $678.9 million respectively, driven by successful licensing deals including with Samsung, Vivo, and Honor. The company also reported record net income and adjusted EBITDA. InterDigital, a global R&D firm, focuses on patenting and licensing foundational wireless communication and video processing technologies, recently filing patent infringement lawsuits against Hisense and TCL.