InterDigital Inc (IDCC) Options

Nice PR this am!  It looks like they got about $80 million in back royalties in addition to $10 million per quarter of recurring.

Hopefully Samsung license gets a decent bump.  Curious to see how licensing streamers unfolds.

IDCC ans Avanci jump in Tesla's azz with both feet. 

Great news today and we didn't close above where we were last Friday.

Samm,

THAT is very good news!!

MUSK needs to be put in his place!

If you want to use IDCC IP, sign a license!

Tomcat

64 page ruling on Tesla vs Avanci dated 03/6/2025
March 6 Ruling about Tesla and Avanci

It seems that the Huawei license expired at the end of 2023. I have searched various sources but cannot find any information that the license was renewed as of this date. Is it possible the mention of the Chinese licensee in today's press release relates to huawei.


I found the following in a search on Safari.


"In a regulatory filing, InterDigital said the licensing agreement runs through 2023, and covers royalties from the sale of some of Huawei's 3G, 4G and 5G wireless telecommunications products."

Here ya go

Tesla v InterDigital & Avanci [2025] EWCA Civ 193
In the latest chapter of FRAND litigation before the English courts, the Court of Appeal sets the boundaries of the courts’ jurisdiction to make FRAND declarations requested by the implementer in relation to a SEP platform (here, the Avanci 5G Platform targeting the automotive industry).

The appeal considered Fancourt J’s judgment ([2024] EWHC 1815 (Ch)) allowing Avanci’s Part 11 Application to set aside permission to serve out granted to Tesla on its ex parte application before Mellor J. We have summarised the factual background of the dispute in our previous note here.

The Court heard the appeal in December 2023. Notwithstanding the main judgment given by Arnold LJ, the majority (Phillips and Whipple LLJ) dismissed Tesla’s appeal for lack of a serious issue to be tried against each of Avanci and InterDigital alone. Notably, the majority confirmed that Tesla does not meet the requirements set out in Vestel Electronic Sanayi Vi Ticarat AS v Access Advance LLC [2021] EWCA Civ 440 in circumstances where it does not have any legally enforceable right against Avanci. Of relevance to the Court’s decision was, inter alia, the fact that Avanci does not agree or purport to fulfil any SEP owner’s ETSI obligations, which individual SEP owners remain under an obligation to satisfy by offering bilateral licences on FRAND terms. Instead, the Avanci 5G Platform is simply a commercially convenient arrangement through which SEP owners can choose to licence their SEPs in the alternative to a multitude of bilateral agreements and outside the scope of their ETSI FRAND undertaking.

The Court unanimously upheld the Judge’s decision refusing to permit the claim for FRAND declarations to be brought against InterDigital under CPR rule 19.8 as a representative of all SEP holders whose SEPs are included in the Avanci 5G Platform.

Tesla was refused permission to appeal by the Court of Appeal. It is entitled to apply for permission from the Supreme Court.

Brian Nicholson KC and Miruna Bercariu acted for Avanci, jointly instructed by Osborne Clarke and EIP.

[2025] EWCA Civ 193

IMO..IDCC is the stock to own in this environment...still able to sign chinese vendors despite the current geopolitical situation..immune to tariff threat..good fundamentals, potential cloud and streaming revenues..ai applications with keysight..AMHO.

Tesla loses to IDCC and Avanci

I saw the headline but couldn't open the article to read it.

https://www.iam-media.com/article/tesla-loses-avanci-5g-platform-appeal-the-uk-court-of-appeal?utm_source=Tesla%2Bloses%2BAvanci%2B5G%2Bplatform%2Bappeal%2Bat%2Bthe%2BUK%2BCourt%2Bof%2BAppeal&utm_medium=email&utm_campaign=IAM%2BDaily

I haven't sold any of my shares! I think that we need to burn through the remaining 2 million short shares, then that might be a place for longs to sell and take profits.

When I look at IDCC, I see a company at the beginning of its growth cycle. Now a Capable management team, and lawsuit precedent established through years of suing and appealing judgments against companies that refused to license but used IDCC IP.

IMHO - Tomcat

I am really getting excited about the prospect of IDCC getting royalties on streaming video!

Talk about huge!! Maybe larger than wireless!

IMHO - Tomcat

No, much more i think than 25 shares .. At the open I sold 500 shares and i was not alone. 

Yes, but only 25 shares @227.63. It traded higher than the price I entered of $224.66.

Liren Chen said it is a "new" customer. So possibly 1 of 3 you mentioned, Transsion, Vivo, Honor, since Huawei is not a new customer.

“We continue to execute according to our growth strategy and added a major Chinese smartphone vendor as a new customer. We now have seven of the ten largest smartphone vendors and almost 80% of the entire global smartphone market under license,” commented CEO Liren Chen.

This has the feeling of the tsunami that hit Phuket a few years ago they will pull the tide out to load up and then the 50 point wave hits

Trader's morning, anyone nimble enuf to play it ?😛

IMO...Only 4 remaining prior to this announcement..Transsion, Vivo, Honor and Huawei....May be Vivo or Huawei..JMHO

Only our market makers can walk this stock down on such good news.  Unbelievable!

Any thoughts on who this licensee is?

IMO..this management can execute...waiting for the Samsung result..share price can still go higher with the current PE...AMHO..

I see $235.00 pre-market. Looking forward to more upside. The amount of guidance raise is excellent. Far more of an increase than typically ever seen for such an established company. Enjoy.

Good luck to my fellow longs.

great job posting this quickly paulee, you are definitely on top of this board...several of you guys have kept me in this for years and i am thankful i am here

WILMINGTON, Del., March 06, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced that that it has signed a new multi-year, worldwide, non-exclusive, royalty bearing license agreement with a major Chinese smartphone vendor and has raised its outlook for first quarter 2025.

“We continue to execute according to our growth strategy and added a major Chinese smartphone vendor as a new customer. We now have seven of the ten largest smartphone vendors and almost 80% of the entire global smartphone market under license,” commented CEO Liren Chen. “As a result, we have increased our outlook for the first quarter. Our revised first quarter outlook includes an increase of annualized recurring revenue (ARR)1 by $40 million to approximately $500 million. This new agreement is a further demonstration of the value of our technology and the increasing momentum of our business.”

Near-Term Outlook

The table below presents the company's current and prior outlook for first quarter 2025. The outlook covers existing licenses signed as of the time of this release and does not include any new agreements or arbitration results that we may sign or receive over the balance of the first quarter.

First Quarter 2025
(in millions, except per share data) Current Prior
Revenue $202 - $206 $112 - $116
Adjusted EBITDA3 $143 - $150 $53 - $60
Diluted EPS2 $2.78 - $2.99 $0.58 - $0.79
Non-GAAP EPS4 $3.66 - $3.90 $1.19 - $1.42

IDCC raises 1qtr estimates, as it adds a major Chinese smartphone vendor

Chen sells 40,000 shs. That's not pocket change.
At least these were options at 75, that he had to exercise.

Paullee the arbitration concluded back in October we are awaiting the decision, which could come any day now. From my understanding of the timeframe it could be up to 6 months of the arb close. That is lacking any problems.

IDCC is the only stock on my screen in the red.  They are relentless when they want to push the price down.  Looks like they want us back under $200.

i still think its delay is due to the patents on video compression...the south koreans and the japanese are generally very honorable with regards to patents...this would strengthen the frand rates on a whole segment of idcc business growth and help with the recently filed suit against disney...just a wild ass guess on my part

It makes me wonder if IDCC is willing to give up a little 5G royalty to get a better 6G, long term, global contract with Samsung. 

will the Samsung arbitration ever get done ?

InterDigital Honors Innovation Leaders Martino Freda and Philippe Bordes as 2025 Inventors of the Year
February 26 2025 - 4:30PM

InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, annually honors the company’s outstanding inventors for the ingenuity and impact of their innovation. This year, InterDigital named Martino Freda and Philippe Bordes as winners of the 2025 Inventor of the Year award, recognizing their future-looking and foundational contributions to wireless communication, video codecs and delivery protocols that continue to shape the ways we communicate, experience new content, and unlock new services.
Celebrating the cornerstones of InterDigital’s innovation, the Inventor of the Year award recognizes outstanding inventors whose patented innovations have advanced and improved the applications of wireless, video, and AI to benefit a variety of devices, industries, services, and experiences. Martino Freda’s patented inventions spanning 4G, 5G, and potential 6G features have significantly enhanced communication efficiencies in the radio access network and between devices while Philippe Bordes’ innovation portfolio has meaningfully shaped the evolution of video codecs and enhanced video quality across generations.

“At InterDigital, we’re proud to be a haven for world-class engineers. I congratulate our esteemed inventors whose innovations fundamentally shape and push the boundaries of what is possible in our communications, and ultimately drive our company’s innovation impact,” said InterDigital President and CEO Liren Chen. “We celebrate the example of inventors like Martino and Philippe whose ingenuity, intellect, and commitment to improving critical wireless and video capabilities benefits us all.”

Martino Freda

Martino Freda, a Principal Engineer based in InterDigital’s Montreal Wireless Lab, has led wireless research initiatives, contributed to standards, and developed a strong portfolio of innovation enhancing the performance of radio access networks and communication efficiency to significantly improve smartphone interactions, capabilities, and services.

Martino’s early interest in math, signal processing, and finding solutions to big challenges influenced his career trajectory towards future-looking wireless innovation and standards contributions. Since joining InterDigital in 2006, Martino’s patented innovations contribute to improving device-to-device communications and relay protocols, which empowers more reliable connections, smarter IoT interactions, and greater potential for low latency XR experiences and video services. Currently serving as a RAN2 delegate, Martino is well respected throughout 3GPP and has led contributions to several technical specifications for 4G and 5G and exploratory research for 6G.

Philippe Bordes

Philippe Bordes, a Principal Scientist based in InterDigital’s Rennes Video Lab, has shaped next generation video capabilities through his innovative contributions to video compression, including the High Efficiency Video Codec (HEVC) and Versatile Video Codec (VVC), and his advocacy for their specifications in MPEG and JVET standards. Throughout his more than 30-year career, Philippe’s research and innovation advanced and achieved greater efficiencies through video codecs. His innovations also include fundamental inventions around reference picture rescaling that transcends codec evolution and enables devices to dynamically scale video based on available bandwidth.

With a knack for practicality and diverse expertise across video capture, simulation, and compression, Philippe is excited for the next stages of innovation and the ways AI may be leveraged to scale innovations enabling the steady and dramatic rise in video consumption. As our communications and experiences become increasingly video data rich, Philippe’s video codec expertise and future-proof innovations provide a critical foundation to welcome new video-based experiences and services.

About InterDigital ®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital?Contact:
Roya Stephens
Email:?Roya.Stephens@interdigital.com
+1 (202) 349-1714

FWIW, not much to report regarding short interest:

02/14/2025 2,100,102
01/31/2025 2,072,918
01/15/2025 2,185,385
12/31/2024 2,277,946
12/13/2024 2,729,455
11/29/2024 2,779,983
11/15/2024 3,213,039
10/31/2024 3,654,829
10/15/2024 3,689,098
09/30/2024 3,904,826
09/13/2024 4,302,926
08/30/2024 4,396,565
08/15/2024 4,999,206

Monterey, Charlie must have gone back to bed all day as the after hours price is down to $205.67. Red is such an ugly color.

Up $10.57 in pre-market. 5 o’clock Charlie is up early today.

Options expiration day, nasdaq and Russell 2000 had an equally bad day. Dow and S&P were pretty bad also.

I see the shorts are still hard at work.

From IDCC news release on ai sensing demonstration MWC...The combination of AI and sensing will empower wireless networks to better understand their surroundings and unlock a broad range of use cases, like immersive experiences, intruder detection for smart homes, eHealth monitoring, autonomous vehicles in connected environments, and more

InterDigital Surges 83% in the Past Year: Time to Buy IDCC Stock?
Zacks Equity Research
Tue, February 18, 2025 at 8:54 AM EST

Shares of InterDigital, Inc. IDCC have soared 82.8% over the past year, driven by improved market demand across its portfolio on the back of a flexible business model and solid cash flow. Earnings estimates for the current fiscal have increased 49.3% over the past year, implying robust inherent growth potential. With healthy fundamentals, this Zacks Rank #1 (Strong Buy) stock appears to be a solid investment option at the moment.

Comprehensive Portfolio Buoys IDCC
A well-established global footprint, diversified product portfolio and ability to penetrate different markets are key growth drivers for InterDigital. Apart from a strong portfolio of wireless technology solutions, the addition of technologies related to sensors, user interface and video to its offerings is likely to drive considerable value, given the massive size of the market it offers licensing technologies.

InterDigital boasts a comprehensive portfolio of more than 33,000 granted patents and applications. The company witnessed an exceptional year in innovation in 2024, with more than 5,000 new patent filings worldwide. In 2024, adjusted EBITDA grew 60% year over year to $551 million, indicating greater operational efficiency and improved profitability.

IDCC’s commitment to licensing its broad portfolio of technologies to wireless terminal equipment makers, which allows it to expand its core market capability, is laudable. It has leading companies, such as Huawei, Samsung, LG and Apple, under its licensing agreements. The company is focused on pursuing agreements with unlicensed customers in the handset and consumer electronics markets.

InterDigital aims to become a leading designer and developer of technology solutions and innovation for the mobile industry, the Internet of Things and allied technology areas by leveraging its research and development capabilities, technological know-how and rich industry experience. At the same time, the company intends to enhance its licensing revenue base by adding licensees and expanding into adjacent technology areas that align with its intellectual property position.

Focus on 6G Research Hold Promise
InterDigital has collaborated with major academic institutions worldwide to expedite 6G research. Data traffic demand is growing exponentially worldwide, and 5G networks are required to support this high-capacity end-user throughput. The MIMO (Multiple-Input, Multiple-Output) technology leverages an active antenna system that consists of multiple antenna elements to augment the performance, reliability and overall efficiency of wireless communication systems. The 6G technology, which relies on Massive MIMO, will enable significantly higher data rates than its predecessors, leading to improved spectrum efficiency.

IDCC has joined forces with IIT Kanpur, India, to accelerate critical advancements in MIMO systems that will enable 6G networks to cater to a diverse range of applications. It is also collaborating with the University of Surrey to drive research in unique areas, such as reconfigurable intelligent surfaces and integrated sensing and communication, to pave the way for the development of cutting-edge 6G technologies. IDCC’s AI-powered Receiver Design for Future Wireless Communications has been validated by Keysight Technologies, Inc. KEYS. The state-of-the-art innovation optimizes throughput performance, reduces communication overhead and simplifies receiver architecture, making it suitable for 6G applications.

With a long-term earnings growth expectation of 15%, the stock delivered an average earnings surprise of 158.4% in the trailing four quarters.

https://finance.yahoo.com/news/interdigital-surges-83-past-time-135400458.html

Oreeno  $218. EOM 

By the way, from the 2 french brokers i'm using (and i think it's general) , it's not possible to buy or sell after hours. What kind of process makes it possible in US?
Do you have special brokers ?
Thanks. 🙏

Just looked at after hours trading quite a bit of shares went through above the $217 price.

The other action with Samsung would be a new license utilizing the 6g technology with regards to streaming that the recently filed Disney infringement pertains to and Samsung becomes a template for frand. The Koreans and Japanese have always been upright with regards to IP

Wouldn't it be something if IDCC and Samsung not only come to terms on the arbitration but decide to collaborate on IDCC' AI in Samsung chips.

Paullee, I remember it well. I believe the net result was that they sold $300M + patents to Intel who then decided that there was no future in cell phones.

We closed at $217.29 which is 3 cents below the all time high of $217.32 hit today.

I for 1 am glad they never sold IDCC in 2012. In the words of Jackie Gleason on the honeymooners, "to the moon Alice, to the moon".

this story is behind a paywall

Patent licensing companies InterDigital, Adeia and Philips were active in buying US patents in deals recorded with the USPTO in January.

I remember this well. The stock price briefly reached the low $90's. I was planning on packing my suitcase to travel to the "Houston $100"!

Anyone remember this story

https://www.fierce-network.com/wireless/interdigital-abandons-bid-to-sell-company-may-license-patents

The oreeno thieves are busy stealing today.

Oreeno $217. EOM