InterDigital

InterDigital Announces Convertibility of 3.50% Senior Convertible Notes Due 2027

Retrieved on: 
Thursday, April 4, 2024

WILMINGTON, Del., April 04, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, announced today that, pursuant to the terms of the Indenture governing its 3.50% Senior Convertible Notes due 2027 (the “Notes”), the Notes are convertible during its calendar quarter ending June 30, 2024.

Key Points: 
  • WILMINGTON, Del., April 04, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, announced today that, pursuant to the terms of the Indenture governing its 3.50% Senior Convertible Notes due 2027 (the “Notes”), the Notes are convertible during its calendar quarter ending June 30, 2024.
  • The current conversion rate of the Notes is 12.9041 shares of InterDigital’s Common Stock per $1,000 principal amount of the Notes.
  • At the time InterDigital issued the Notes, InterDigital entered into call spread transactions that together were designed to have the economic effect of reducing the net number of shares that will be issued in the event of conversion of the Notes by, in effect, increasing the conversion price of the Notes from InterDigital’s economic standpoint from $77.49 to $106.35.
  • Refer to Footnote 10 of the Financial Statements from InterDigital’s Form 10-K for the year ended December 31, 2023 for more information.

InterDigital to Showcase Innovations in High Definition and Sustainable Video Streaming Alongside Partners at NAB 2024

Retrieved on: 
Tuesday, March 26, 2024

WILMINGTON, Del., March 26, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced plans to showcase their contributions to video streaming and sustainability technologies alongside partners at NAB 2024.

Key Points: 
  • WILMINGTON, Del., March 26, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced plans to showcase their contributions to video streaming and sustainability technologies alongside partners at NAB 2024.
  • At NAB, partners InterDigital and Philips will highlight progress in industry adoption of Advanced HDR solutions that support the bandwidth-efficient distribution of HDR content for any type of video streaming service provider or live broadcast production workflow.
  • At NAB booth W4007, members of the Ultra HD Forum will showcase current and future-looking solutions and strategies that support the sustainable delivery of Ultra HD content.
  • To register and learn more, please visit the NAB 2024 website here .

InterDigital Declares Regular Quarterly Cash Dividend

Retrieved on: 
Wednesday, March 20, 2024

WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share on its common stock, payable on April 24, 2024, to shareholders of record at the close of business on April 10, 2024.

Key Points: 
  • WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share on its common stock, payable on April 24, 2024, to shareholders of record at the close of business on April 10, 2024.

InterDigital’s Xiaofei Wang Appointed Chair of the IEEE 802.11 Artificial Intelligence and Machine Learning (AIML) Standing Committee

Retrieved on: 
Wednesday, March 20, 2024

WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, applauded the appointment of Xiaofei Wang to serve as Chair of the IEEE 802.11 Standing Committee on Artificial Intelligence and Machine Learning (AIML).

Key Points: 
  • WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, applauded the appointment of Xiaofei Wang to serve as Chair of the IEEE 802.11 Standing Committee on Artificial Intelligence and Machine Learning (AIML).
  • Xiaofei previously served as Chair of the IEEE 802.11 Topic Interest Group on AIML.
  • IEEE 802.11 is the working group dedicated to standards for wireless local area networks (WLAN).
  • He has been recognized for this role and his significant contributions on power-efficient broadcasting and comment resolution with an IEEE 802.11 TGbc Leadership Award.

Interdigital to Speak at the 36th Annual Roth Conference

Retrieved on: 
Monday, March 11, 2024

WILMINGTON, Del., March 11, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will be participating in a fireside chat at the 36th Annual Roth Conference on Monday, March 18th, 2024, at 6:00 PM ET.

Key Points: 
  • WILMINGTON, Del., March 11, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will be participating in a fireside chat at the 36th Annual Roth Conference on Monday, March 18th, 2024, at 6:00 PM ET.
  • The event will be webcast live, and an archived replay of the presentation will be available following the conference at the Investors page of the InterDigital website at www.interdigital.com .
  • Register to attend the live webcast here .

InterDigital’s Atle Monrad Elected Chair of 3GPP’s SA6 Working Group

Retrieved on: 
Tuesday, March 5, 2024

WILMINGTON, Del., March 05, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced the election of Atle Monrad to serve as Chair of 3GPP’s Service and Systems Aspects Working Group 6 (SA6).

Key Points: 
  • WILMINGTON, Del., March 05, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced the election of Atle Monrad to serve as Chair of 3GPP’s Service and Systems Aspects Working Group 6 (SA6).
  • Within the 3GPP standards-setting organization, the SA6 working group is responsible for critical communication, service frameworks and application enablement for vertical markets.
  • The SA6 working group determines architecture requirements, functional architecture, procedures, information flows, interworking with non-3GPP application layer solutions, and deployment models, as appropriate for different 3GPP verticals.
  • Delegates from major 3GPP member companies and public safety companies voted to elect Atle Monrad to serve a two-year term as SA6 Chair.

InterDigital Honors Wireless and Video Innovation Leaders Michael Starsinic and Fabrice Le Léannec as Inventors of the Year

Retrieved on: 
Thursday, February 22, 2024

“At InterDigital, our innovation impact is earned and maintained by world-class inventors like Fabrice and Michael who push the boundaries of what is possible in our communications,” said Liren Chen, President and CEO at InterDigital.

Key Points: 
  • “At InterDigital, our innovation impact is earned and maintained by world-class inventors like Fabrice and Michael who push the boundaries of what is possible in our communications,” said Liren Chen, President and CEO at InterDigital.
  • Michael is well respected throughout industry and standards circles, and he cites his collaborations with colleagues as fuel for his innovation.
  • Fabrice Le Léannec is a Brittany-based Senior Principal Researcher shaping next generation video codecs through his significant contributions to the High Efficiency Video Codec (HEVC) and Versatile Video Codec (VVC) and their specifications in the MPEG standards.
  • At InterDigital, Fabrice has dedicated his research to developing new algorithms and improvements to achieve greater efficiencies from state-of-the-art video compression.

At MWC, InterDigital to Showcase Innovation Empowering Connected Experiences ‘At Work, At Rest, and At Play’

Retrieved on: 
Monday, February 19, 2024

“InterDigital innovation creates value through the tools we create and through the experiences they enable,” said Rajesh Pankaj, EVP and CTO at InterDigital.

Key Points: 
  • “InterDigital innovation creates value through the tools we create and through the experiences they enable,” said Rajesh Pankaj, EVP and CTO at InterDigital.
  • InterDigital is a long-time contributor to MPEG Immersive Standards, including Scene Description, V3C codecs alongside partner Philips, and newer haptics codecs to enable seamless, immersive experiences.
  • Elsewhere at MWC, InterDigital will lead stage presentations and showcase at partner booths to further amplify the impact of our research and innovation.
  • At the Keysight booth located at Hall 5 Stand 5E12, InterDigital and Keysight will together showcase a 144 GHz testbed utilizing an AI-enabled air interface.

Keysight and InterDigital to Demonstrate AI in 6G Systems at Mobile World Congress 2024

Retrieved on: 
Wednesday, February 21, 2024

Keysight Technologies, Inc. (NYSE: KEYS) has collaborated with mobile, video and AI technology research and development company InterDigital Inc. (Nasdaq: IDCC) to show how Artificial Intelligence (AI) channel estimators can be trained, integrated into a physical layer, and evaluated with an over-the-air demonstration at Mobile World Congress Barcelona 2024 (MWC24).

Key Points: 
  • Keysight Technologies, Inc. (NYSE: KEYS) has collaborated with mobile, video and AI technology research and development company InterDigital Inc. (Nasdaq: IDCC) to show how Artificial Intelligence (AI) channel estimators can be trained, integrated into a physical layer, and evaluated with an over-the-air demonstration at Mobile World Congress Barcelona 2024 (MWC24).
  • Presented at Keysight's booth, Hall 5 Stand 5E12, the demonstration will feature a 144 GHz communications link that uses AI models for channel estimation developed by InterDigital and Keysight .
  • As AI technology matures, it is being integrated into wireless communications systems and will be a foundational technology for 6G.
  • One of the applications of AI in wireless is channel estimation.

Meeting highlights from the Committee for Veterinary Medicinal Products (CVMP) 13-14 February 2024

Retrieved on: 
Saturday, February 17, 2024

The Committee adopted by consensus a positive opinion for a variation requiring assessment for Strangvac to implement the outcome of the MAH’s signal management process to add adverse reactions in the product information.

Key Points: 
  • The Committee adopted by consensus a positive opinion for a variation requiring assessment for Strangvac to implement the outcome of the MAH’s signal management process to add adverse reactions in the product information.
  • The respective target species were cattle, pigs and sheep (one product), chickens, and squirrel monkeys (one product each).
  • Concept papers, guidelines
    Quality
    The Committee adopted an annex to the Guideline on quality aspects of pharmaceutical veterinary medicines for administration via drinking water on compatibility studies between veterinary medicinal products and biocidal products (EMA/CVMP/QWP/592906/2022) following close of public consultation.
  • The comments received during the consultation procedure were taken into account for the revision of the annex.