InterDigital Inc (IDCC) Share Price

scooby they act like: gypsies, tramps and thieves. They have done a number on us the last couple of days.

Come on IDCC give us something regarding the Oppo settlement monies and rate. Additionally, some info regarding the Samsung arbitration decision. It is time to put a foot in the shorts azzes.

Our market makers are thieves

Gamco, I read the judges decision and I agree that holding other patents holders lacking any connection to the UK to a FRAND rate is a Nono starter.

Patent holders with no UK patents or business should not be held to a FRAND rate set by a country or court lacking jurisdiction over them.

At any rate we shall see what happens when the Tesla UK appeal decision is rendered. The 2 day hearing held this week is over.

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.

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

Tesla’s appeal for a UK global FRAND rate ruling against Avanci/InterDigital could be a game changer
Adam Houldsworth
05 December 2024

Tesla’s appeal for a UK global FRAND rate ruling against Avanci/InterDigital could be a game changerImage from Shutterstock/Sir. David
This week’s two-day hearing will produce one of the most important SEP-related decisions of 2025

sure seems like the MM is shaking the tree to get stop loss orders for a short covering....with institutions owning 109% insiders at 1.26% and shorts holding 3.1 million shares out of a float of less than 26m, something has to give...there is a lot of good news on the horizon and as the days go bye we get closer to announcements.......it does feel better going up though

We have been way overbought for awhile…there are probably some stop/loss bids out there that the MMs are after too. It would be great to get an rev/earnings estimate update…maybe next week. IMO.

Did I miss some bad news or a downgrade?

Why are we down 4% today?

thanks guys, things are looking good....we may be in a very good position here going forward..exciting times ahead

Lumpy don't forget the Samsung arbitration is concluded and should be announced anytime. Also Lenovo has agreed to arbitration for a license from 2023 forward. This arbitration should start during 2025.

Lumpy, Monterey posted the OPPO settlement information before saw your post. And his post.

What a board.

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

my3 , i never saw a settlement with OPPO , i saw where they basically lost there lifeline but never saw the official settlement or for that matter an agreement for arbitration....are you able to confirm they have settled ?....thanks in advance

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

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

I am wondering what positive affect on the share price the OPPO settlement payments will have on the share price for this qtr and end of year.  Couple that with a possible Samsung arbitration rate announcement for this 4th qtr and end of year. Makes me say wow.

I wonder if the company will be buying back shares at this price?  All of the shares they have bought back to date have added value!

Not a fan of Merritt, but buying Technicolor RI in 2018/2019 transformed this company, even though it was deemed expensive by some at the time.
Props to Liren & Chief Licensing Officer Eeva.
Here is a thesis for IDCC intrinsic value to be $256 FWIW.
https://simplywall.st/stocks/us/software/nasdaq-idcc/interdigital/news/interdigital-inc-nasdaqidcc-shares-could-be-28-below-their-i

What dynamic causes someone to purchase shares at $10 above the prior closing price?

Is this one short covering?

$203.90 OOOO RRRR EEEE EEEE NNNN OOOO ! ! ! !

When will the shorts cover?  Is this the short squeeze we've been waiting for?

Still here, still holding, IDCC going higher, apparently wireless tech is still a thing.

Good luck to the longs.

Premarket 210 HA, 2 shs

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

Institutional ownership: 109.17% + Insider ownership: 1.26% and 3.21 Million shares short.

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.

Hi all. Have held my core position in IDCC since 1995. Have rarely posted, but read and appreciate everyone's posts daily. Thank you everyone for your great insight.

No way to finally cross 200 and not think about Mickeybritt and all of his posts loudly proclaiming we should be at 200. Well, here we are. So, thank you Mickey.......you were right!!!!

Woot! We'll done all. What a great milestone!!!
BLTA 

Orient: please excuse my ignorance. I have been frying other fish. When and why was the management changed? What happened to Bill Merritt?

Can I have a gallon of milk with the Oreeno's? Forget the milk and make in Jack instead.

Come on Tesla pay up and cut the sh*t.

Oreeno $201. EOM 

$200 oooorrrreeeeeennnnoooo ! ! !

Oreeno $200. EOM 

MICKEYBRITT and RANGER: Please give this a push to top the $200 level ! ! !

Tesla Relaunches FRAND Fight With InterDigital On Appeal
By William Janes

Law360, London (December 2, 2024, 3:09 PM GMT ) -- Tesla has relaunched its fight against InterDigital and patent pool operator Avanci over licensing terms for 5G patents, telling a London appeals court on Monday that a U.K. judge should decide...

(The rest is behind a paywall)

I guess we are taking a rest before moving through $200

Gamco they took our oreeno's today.

They stole our Oreeno

Oreeno $199. EOM 

Oreeno $198. EOM 

I am looking forward to a nice increase in quarterly earnings and past sales payments due to the Oppo settlement.

I agree. I also think that our inventors and engineers are venturing into AI space and this could be partially responsible for the recent respect the market has given us. Hats off to our management team!

IMO, compared to previous management teams, the current one can execute and meet their earning guidance. I expect more licensing agreements in the near future..AMHO..

Oreeno $197. EOM 

Shares short-3.21 Miilion-11/15/24

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.

As I recall Mickey (God rest his soul) left a lot of shares for his wife. I sure hope she held onto the shares as hos his $200 share price may soon be realized..