InterDigital Inc (IDCC) Options

Interesting volume at the close...1.26 million shares for the day.

Doing well and I am so happy to hear you followed my advice. I hope other long timers did as well. So you paid about $4-5 in tax on the conversion on each share and now you can sell them for $220 (and hopefully higher) tax free. Not a bad deal, congrats. Those Roth conversions done when you could undo them were a tax gift that I used numerous times. It allowed me to retire early at 56 in 2020.

Hi DD, I remember you.  You recommended converting to a Roth, which I did when IDCC was about $11. Thank you for the great advice, and I hope you are doing well.

Some old timers may remember me, I was heavily into IDCC for many years but got out I think in about 2008-2010 I think but not sure. I follow the company a little since IDCC was for a long time my largest investment and now have just a token amount as a result of inheritance.

Anyway, I found this article discussing patent decisions in the UK during 2024 that has a section on IDCC that I thought many would find of interest. It is case #8 beginning on page 21.

Happy for IDCC to finally get some respect, too bad the thieving scum never truly paid what they should have over the years, IDCC would have been even better for those who held.

https://link.springer.com/content/pdf/10.1007/s40319-025-01573-w.pdf

Looks like there was some insider sales over tha past few days in March. Is this the time wheree the insiders are exercising and selling restricted stock awards?

Withe the price target increasing and several potential new licenses, I would think they would hold on th their awards.

Gamco by the way u can readily accept that Price target.

Gamco, its interesting that the Lenovo IP boss and Laura the chief Legal Officer are both out at the same time. Maybe IDCC put the big IP boot on Lenovo's neck and Lenovo wants someeone in the company to be held responsible.

Point & Figure chart as of 3/19/25:
[a favorite of Teecee56]
PRICE OBJECTIVE: $281.00 as of 3/19/25

https://stockcharts.com/freecharts/pnf.php?c=IDCC,PWTADANRBO[PA][D][F1!3!!!2!20]#google_vignette

EXCLUSIVE: Lenovo IP boss John Mulgrew steps down
Adam Houldsworth
17 March 2025

The CIPO will leave Lenovo at the end of today as part of a reshuffle that has also seen CLO Laura Quatela retire from the company

Orient it would be nice to have IDCC AI in the 6G standards, with a TESLA P/E of 110.

IMO IDCC is in the right field in developing AI applications for 6G...From Jessen Huang's keynote address... AI native wireless hardware, software and architecture for 6G. Next-generation wireless networks must be fundamentally integrated with AI to seamlessly connect hundreds of billions of phones, sensors, cameras, robots and autonomous vehicles. AI-native wireless networks will provide enhanced services for billions of users and set new standards in spectral efficiency — the rate at which data can be transmitted over a given bandwidth. They will also offer groundbreaking performance and resource utilization while creating new revenue streams for telecommunications companies
Next-generation wireless networks must be fundamentally integrated with AI to seamlessly connect hundreds of billions of phones, sensors, cameras, robots and autonomous vehicles. AI-native wireless networks will provide enhanced services for billions of users and set new standards in spectral efficiency — the rate at which data can be transmitted over a given bandwidth. They will also offer groundbreaking performance and resource utilization while creating new revenue streams for telecommunications companies

https://www.marketscreener.com/quote/stock/NVIDIA-CORPORATION-57355629/news/NVIDIA-and-Telecom-Industry-Leaders-to-Develop-AI-Native-Wireless-Networks-for-6G-49365930/

Is there a link?  Thanks 

My message was cutoff.

Scooby the following from IDCC prior earnings announcement pertains to your two questions.

so true cat especially with our earnings and future potential...when you look at market average for the p/e ratios and our marketplace is somewhere in the 40x range and we are sitting at 17-19x with huge potential growth in video compression etc we could be sitting on a qcom of the early 2000s....but as you know we have had these expectations for years now and still holding

Lumpy,

I ate some Oreos with green stuff this weekend!

For YEARS, shorts in IDCC lived large - cottled and protected, entitlement shorts.

So COOL to see how things have changed here!!

Happy St Patty's Day!! Green all over!!

Tomcat

where is the oreeno man ? news of a leak seems to be out with this type of appreciation , or tutes have gotten their buys based on last weeks release and letting it run ....hope it holds

Would IDCC be required to put out a press release when the arbitration result finally comes back?  Will they have to update earning projections if the resulting decision alters current projections in any significant way?

IDCC closed up $8.86 (4.45%). Some retribution for the longs today. Go IDCC.

License announcements will becoming starting with the Samsung arbitration decision.

CFO has finished his 31530 shares 10b5-1 plan selling (for this year) today..eom

Orient,

I am sure licenses are being worked on! Perhaps rumors of such are what asre driving the stock up todasy?

Tomcat

IMO the share price would increase substantially if IDCC could execute and sign one or more of these vendors, tiktok, youtube, netflex and disney this year. AMHO,

Retribution shall belong to the longs. IDCC seems to be trading with the markets. Which at this time has no knowledge of what good things will soon be announced soon. 

I think IDCC is holding up very well in this fiasco of a market due to the man made societal pervasive fiasco.

Short interest rose a tad at 2/28 2,180,000 from 2,100,000

I can't help but think that our market makers may be some of the short sellers.

Well, They almost have us back down to the price before we signed the latest licensee.

Excellent day & excellent close!

Tomcat

IDCC is the BEST, in the NORTH, SOUTH, EAST, and WEST.

CNBC just adjusted to 9K volume AH.

It's a NEW company .

IDCC did have $219 AH , but it was only 8500 shares.
This from Nasdaq AH which is pretty reliable.

Never mind, every stock I looked at had absurd extended hours volumes, it must be an error.

CNBC shows 19.5 million after hours volume. There are only 25 million outstanding. 

FYI, CEO's 100,000 shares (from exercised options) 10b5-1 plan selling is finally done...eom..

Any of the unlicensed companies signed to a patent license will do. And all of the unlicensed will definitely do.

Could be Vivo or Honor. Here are the TOP 5 Q2024 China Smartphone company market share and both would be new IDCC customers. Lenovo market share is not in the top 5 for Q2024.



China Smartphone Market Q4 2024 Top 5 Company Shipments Market Share and YOY Growth

China’s Smartphone Market Rebounds with 5.6% Growth in 2024, Fueled by vivo and Huawei

The other Chinese phone manufacturers of which anyone could be the new licensee.

Hisense, Haier, TCL and QiaoXing.

Is it possible Lenovo signed a license agreement rather than wait for an outcome from arbitration? Lenovo would qualify as a “new” customer.

Bim u are
Most likely right. I have a few other thoughts I will post later.

Can't be huawei.40 mil annual seems too low to be them? Did their market share shrink in the past two years?

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