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WILMINGTON, Del. - InterDigital, Inc. (NASDAQ:IDCC) announced Tuesday that it has concluded its arbitration with Samsung Electronics and entered into a new patent license agreement. The company, currently trading near its 52-week high with an impressive 85% return over the past year, has demonstrated strong financial performance with gross margins exceeding 88%.
The arbitration process began in January 2023 after Samsung’s previous license to InterDigital’s portfolio of cellular wireless and video technologies expired on December 31, 2022. The companies had agreed to binding arbitration to determine the final terms of a new agreement.
"We welcome the conclusion of the arbitration process and our agreement with Samsung," said Julia Mattis, Interim Chief Licensing Officer at InterDigital. "Samsung is one of our longest licensees and I am delighted that we have been able to continue our long-term partnership."
InterDigital, a mobile, video and AI technology research and development company, designs and develops foundational technologies for communications and entertainment products. The company licenses its innovations to manufacturers of wireless devices, consumer electronics, IoT devices, vehicles, and providers of cloud-based services such as video streaming. According to InvestingPro, which offers comprehensive analysis of 1,400+ stocks including InterDigital, the company has maintained dividend payments for 15 consecutive years and currently trades at fair value based on proprietary Fair Value calculations.
The terms of the new patent license agreement were not disclosed in the press release statement.
Founded in 1972, InterDigital is listed on Nasdaq and specializes in wireless technology innovations used in products ranging from early digital cellular systems to current 5G and advanced Wi-Fi technologies. The company also focuses on video processing and encoding/decoding technology with AI research initiatives.
In other recent news, InterDigital Inc. reported impressive financial results for the first quarter of 2025. The company exceeded analysts’ expectations, posting an earnings per share (EPS) of $4.21, well above the anticipated $1.83. Revenue also surpassed forecasts, reaching $210.5 million compared to the expected $182.75 million. This performance highlights a strong start to the year for InterDigital. Additionally, the company held its 2025 Annual Meeting of Shareholders, where several significant resolutions were approved. These included the election of directors, the adoption of the 2025 Equity Incentive Plan, and the approval of executive compensation. The election saw eight directors appointed, with Derek Aberle receiving a notable majority of votes. The meeting also ratified the company’s independent registered public accounting firm, marking a series of strategic decisions for the company.
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