InterDigital raises third quarter outlook on new Chinese license
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InterDigital raises third quarter outlook
September 22, 2025 4:30 AM EDTNew smartphone license agreement drives projected ARR1 to all-time high of $579 million
WILMINGTON, Del., Sept. 22, 2025 (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 a major Chinese smartphone vendor and has raised its outlook for third quarter 2025.
"This new license agreement, which was concluded through amicable negotiation, adds another major smartphone player to our customer base and increases our projected annualized recurring revenue (ARR) by approximately... More
