InterDigital (IDCC) Raises Q1 Outlook

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Go back to InterDigital (IDCC) Raises Q1 Outlook

InterDigital Raises First Quarter Outlook

March 6, 2025 8:30 AM EST

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... More