InterDigital Inc (IDCC) Options

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

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.