Gamco
10 hours ago
InterDigital's Dong Tian Named IEEE Fellow
Dong recognized for outstanding contributions to 3D video compression, processing, and analysis
WILMINGTON, Del., Dec. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that Dong Tian, Senior Director for 3D Video Coding, has been named an Institute of Electrical and Electronics Engineers (IEEE) Fellow for his contributions to 3D video compression, processing, and analysis.
IEEE is the world's largest association of professionals engaged in electrical/electronic engineering and information/communication technology with more than 460,000 members in 160 countries. Fellow is the highest grade of IEEE membership and IEEE bestows fellowships annually to less than 0.1% of its voting members for outstanding contributions to technological innovation and societal progress. InterDigital's Dong Tian was nominated through the IEEE Signal Processing Society under the Research Engineer/Scientist category.
Dong's fellowship selection was informed by his career accolades and critical contributions to video compression projects within InterDigital's Video Lab that have influenced and advanced video standards. Specifically, Dong was recognized for his research contributions in the field of 3D video compression, which has led to coding and rendering frameworks that have significantly influenced 3D compression standards. He was also recognized for his research and innovation on 3D point cloud processing and analysis, including his work to realize efficient representations of 3D point clouds and enable scene analysis directly from those signals.
"Dong's recognition as an IEEE Fellow is a testament to his leadership and impact in advancing video compression, signal processing, and AI capabilities to foster next generation video communications," said InterDigital CTO Rajesh Pankaj. "Dong is a well-respected and highly cited researcher. He has dedicated much of his career to pioneering research and earning standards leadership responsibilities through his contributions to 3D video compression, processing, and analysis. This honor highlights Dong as a valuable industry leader and reflects the important and influential research taking place across InterDigital to advance video, wireless, and AI."
Alongside his new IEEE Fellowship, Dong serves as chair of the IEEE Multimedia Systems and Applications technical committee (MSA TC) and Ad hoc Group (AhG) chair for MPEG-AI and MPEG-AI-PCC standard projects. Dong is also currently an advisory member of the IEEE Multimedia Signal Processing Technical Committee (MMSP TC), and member of the IEEE International Conference on Multimedia and Expo (ICME) and IEEE Transactions on Multimedia (TMM) steering committees.
About InterDigital(R)
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.
InterDigital Contact:
Roya Stephens
Email: Roya.Stephens@interdigital.com
+1 (202) 349-1714
(END) Dow Jones Newswires
Gamco
5 days ago
From Gemini:
The potential implications of Tesla's appeal for a UK global FRAND rate ruling against Avanci/InterDigital are significant and could reshape the landscape of patent licensing in the tech industry.
What's at Stake:
* Global FRAND Rates: A successful appeal could establish a precedent for setting global FRAND rates in the UK, impacting not just Tesla and Avanci but potentially all companies involved in SEP licensing.
* Patent Pool Dynamics: The case challenges the traditional approach to patent pools, where individual SEP holders negotiate licenses. A global FRAND rate could disrupt this model, potentially leading to more centralized licensing.
* Industry-Wide Impact: The outcome could influence how companies value and license SEPs, potentially impacting innovation and competition across various industries.
Potential Outcomes:
* Increased Certainty: A global FRAND rate could bring more certainty to SEP licensing, reducing the need for lengthy and costly negotiations.
* Reduced Litigation: A clear framework for FRAND rates could potentially decrease the number of patent infringement lawsuits.
* Fairer Licensing: A global rate could ensure that SEP holders are fairly compensated while preventing excessive royalties that could stifle innovation.
Challenges and Considerations:
* Complexity: Setting a single global FRAND rate for a diverse portfolio of patents across different jurisdictions is a complex undertaking.
* Resistance: SEP holders and patent pools may resist a centralized approach to licensing, preferring to maintain control over their individual portfolios.
* Unintended Consequences: A global FRAND rate could have unintended consequences, such as discouraging innovation in essential technologies.
Overall:
Tesla's appeal is a high-stakes legal battle with the potential to significantly impact the future of SEP licensing. While the outcome remains uncertain, it is clear that the case will have far-reaching implications for the tech industry and beyond.
Gamco
5 days ago
InterDigital Declares Regular Quarterly Cash Dividend
December 05 2024 - 4:05PM
InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.45 per share on its common stock, payable on January 22, 2025, to shareholders of record at the close of business on January 8, 2025.
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:
investor.relations@interdigital.com
+1 (302) 300-1857
Monterey2000
6 days ago
InterDigital signs license agreement with OPPO Group
Company Release - 10/29/2024
WILMINGTON, Del., Oct. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has signed a new license agreement with OPPO Group. The agreement covers OPPO, realme and OnePlus branded mobile devices worldwide.
As part of the agreement, both parties have agreed to dismiss all pending litigations between them.
“In an increasingly connected world, this agreement serves as another validation of the strength of our foundational innovation in wireless, video, and AI, and of the quality of our patent portfolio,” said Liren Chen, CEO and President, InterDigital. “Our licensing success further strengthens our ability to reinvest in cutting-edge R&D and foster innovation for next generation technology that benefits the whole industry and billions of consumers in the future.”
Along with our agreements with Apple, Samsung and Xiaomi, InterDigital now has the four largest smartphone vendors under license and has licensed approximately 70% of the entire global market.
“OPPO Group adds a significant customer to our smartphone program, and I am pleased with our progress and execution against our goals,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “This agreement reflects our increasing momentum across the business and, along with other licenses that we have signed recently, puts us in an excellent position to license the rest of the smartphone market.”
OPPO Press Release 10292024
Gamco
6 days ago
Plenty of road left for Tesla's FRAND dispute with Avanci
Global, United Kingdom, USA December 2 2024
The UK Courts are in the spotlight again for FRAND litigation with the appeal hearing for Tesla v Avanci and InterDigital is listed to be heard by the Court of Appeal today and tomorrow (2nd and 3rd December 2024).
Tesla are revving up for the next round of their dispute with patent pool provider, Avanci, and patent owner, InterDigital, where Tesla will argue that the court should overturn the High Court's decision to dismiss the claims due to jurisdictional issues.
For those who have not been submerged in patent pool litigation here is a brief recap of the dispute:
Tesla brought a claim in the UK High Court against Avanci and InterDigital for declaratory relief on fair, reasonable and non-discriminatory (FRAND) terms for a patent pool licence. On 15 July 2024 the High Court ruled against Tesla and dismissed the claim on the basis that it did not have jurisdiction over the licensing claims or that they should be struck out. Tesla had also brought collateral patent claims against InterDigital that were stayed.
Avanci, a company headquartered in Texas, operates a licensing platform that offers automotive manufacturers patent pool licences for 2G, 3G, 4G and 5G technology. InterDigital owns several 5G patents licensed under Avanci's patent pool. InterDigital was joined to the action as a representative of the companies who license their patents through Avanci's patent pool.
Tesla previously dipped its toes in Avanci's patent pool and held a license for a pool of 2G, 3G and 4G patents. Now, Tesla wants to introduce 5G technology to its cars and has sought a licence for the 5G standard essential patents (SEPs) on Avanci's platform. Avanci offered a rate of $32 per vehicle for a license of approximately 170,000 patents from 65+ patent owners. Tesla disputes this rate and asked the UK court to determine a global FRAND rate for the entire patent pool.
Avanci disagrees with Tesla and argues that although bilateral license agreements for a SEP must be on FRAND terms, Avanci is not a patentee and therefore is not bound by the requirement under ETSI (the telecoms regulator) to offer a licence on FRAND terms. It further argues that the platform licence is a commercial alternative to obtaining bilateral licences with each patentee.
Unfortunately, these arguments could not be fully considered as Avanci and InterDigital successfully argued that there was not a strong enough connection to the UK for the UK court to have jurisdiction. Both companies are headquartered in the U.S. and some Avanci licensors may not hold a single UK patent.
Mr Justice Fancourt, the judge at first instance, was sympathetic to Tesla's desire for judicial guidance on whether Avanci's pool license terms (including the $32 rate) are FRAND, and seemingly would have applied the UK SEP case law, as UK courts have but could not get over the jurisdictional issues at play.
The wheels are in motion for the latest instalment of this dispute and we are excited to see where this road takes us…
{
It may seem odd that a claim which Tesla has a legitimate interest in pursuing and which would in principle serve a proper purpose cannot be pursued here. The conclusion that it cannot has given me some concern. It would be very odd indeed if Tesla could not obtain a decision on its claim in any jurisdiction that is reasonably suitable.
https://www.judiciary.uk/wp-content/uploads/2024/07/Tesla-v-InterDigital-15.07.24.pdf
Gamco
6 days ago
Interesting post on LinkedIn:
Irwin Gross • 3rd+Partner at Gross Capital Partners, LLC17hMr. Chen. I have been away from IDDC since 1983. i am probably one of the last of the orriginal founderrs. i provided early capital to IMM in those days, and became the second largestt shareholder to Sherwin. He and i guuided the company through the lean years and conceived, patented and funded the first early technologies. Historically, in 76 we demonstragted the worlds first wireless phone, on the Hill in Belmont Plaza in Philly on the 100 th anniversity of Alexander Bells first phone. I gave the speech to introduce the product.
As the second largest shareholder i was very instrumental and doing our first iPO witht DHBlair in 81. i became the COO.
i held that position, until we did our secondary in 83, and i recruited and Hired Hilsman to be the President. I stayed on for a short while and moved on to multiple other companies from there.
There is more to the story and if interested i could give more color.
The history is an adventure.
Irwingross@gmail.com
Limejuice22
6 days ago
been here a while, I was on the Qcom ride in the 90's late , $6 to $400, and it was fun, told my brokers, IDCC is a mini QCOM , they never got it, never understood IP, and how networks "work", protocols, l did well on the Apple ride, went to MacWorld the year Jobs introduced the Intel chip in macs--I owned Zero mac-s and I bought 3 at the show and then bought the stock, I saw kids all over the hall with macs , then 2007 , Iphone ----so Peter Lynch said, observe, look around, do your own research , that's what I've done
Monterey2000
7 days ago
Liren Chen, current CEO, succeeded William Merritt, former CEO of InterDigital, who retired on April 5, 2021, after serving 25 years with the company, including nearly 16 years as its President and CEO.
Liren Chen, who took over as CEO on the same date.
FISH21049
2 weeks ago
InterDigital: Shares Rally on Huge Earnings Upgrades
InterDigital is a leader in mobile and video technology innovation, providing critical wireless and visual solutions to support global connectivity. The stock has soared over 80% year-to-date, showcasing strong investor interest and powerful momentum. Despite this impressive rally, IDCC remains attractively valued.
The company trades at a forward earnings multiple of just 12.7x, making it a bargain compared to its robust growth forecasts. Analysts project annualized EPS growth of 17.4% over the next three to five years, resulting in a PEG ratio of just 0.7—indicating significant value relative to its growth potential.
Adding to the bullish case, IDCC has experienced massive upward revisions in earnings estimates across all time frames. As shown in the table, consensus estimates for the current quarter have jumped by 262% in the past 60 days, while full-year forecasts are up over 46%. This level of earnings momentum gives InterDigital the coveted Zacks Rank #1 (Strong Buy) rating.
With strong fundamentals, bullish revisions, and a favorable valuation, InterDigital is a standout candidate in this year-end rally.
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