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Information
WILMINGTON, Del., Jan. 20, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced that the company has signed a new patent
Original sourceAI Summary
InterDigital has secured a new patent license agreement with LG Electronics, boosting its position in the video technology landscape. The deal encompasses licensing for LG's digital TVs and monitors, covering key technologies like ATSC 3.0 and Wi-Fi, enhancing InterDigital’s growth prospects and market presence.
Sentiment Rationale
Historically, patent licensing deals have led to stock price appreciation; this agreement may signal future revenue growth for IDCC.
Trading Thesis
Buy IDCC on the news of the LG partnership for medium-term upside potential.
Market-Moving
- The licensing agreement could significantly increase IDCC's revenue from LG products.
- Increased collaboration with LG may attract other licensing opportunities in electronics.
- IDCC's stock might see favorable trading volume due to positive investor sentiment.
- License agreements like this often precede an upward trend in IDCC's stock price.
Key Facts
- InterDigital signed a patent license agreement with LG Electronics.
- Agreement covers LG's TVs and displays under a joint program with Sony.
- Licenses include technologies like ATSC 3.0, Wi-Fi, and video codecs.
- This deal enhances InterDigital's overall market position in video services.
- Collaboration with LG expands InterDigital's reach in consumer electronics.
Companies Mentioned
- LG Electronics (no symbol): Partnership enhances IDCC's revenue from consumer electronics.
- Sony (SONY): Joint program with Sony boosts IDCC’s competitive technology portfolio.
Corporate Developments
This news falls under Corporate Developments as it pertains to a significant licensing agreement that can open new revenue streams for InterDigital. Such agreements are pivotal in the tech industry, especially for companies focused on intellectual property and innovation like IDCC.
WILMINGTON, Del., Jan. 20, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video, and AI technology research and development company, today announced that the company has signed a new patent license agreement with LG Electronics.
The agreement licenses LG's digital TVs and computer display monitors under InterDigital´s joint licensing program with Sony and includes licenses to technologies including ATSC 3.0, Wi-Fi and video codecs.
"In a video-first world, our innovation in areas such as advanced video compression, broadcast and Wi-Fi is crucial to a growing range of devices and services," commented Julia Mattis, Chief Licensing Officer, InterDigital. "LG is one of the largest TV manufacturers in the world, and I am delighted that we were able to sign an agreement through amicable negotiation."
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:
Richard Lloyd
Email: richard.lloyd@interdigital.com
+1 (202) 349-1716
