Interdigital - Smartphone and IoT Boom Leads to Strong Outlook!

Business drivers: Interdigital specializes in the development and licensing of technologies for wireless communication and video. The licensing business has been able to expand further due to new partnerships with new customers such as VIVO and HP, leading to continued growth. Recently, they successfully completed a licensing agreement with Samsung Electronics worth a total of $1 billion for a duration of eight years after lengthy negotiations. On September 22, Interdigital revised its forecast for the ongoing Q3 upwards following another...