InterDigital

Huntington Bay, NY, United States

InterDigital

Huntington Bay, NY, United States
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News Article | May 11, 2017
Site: globenewswire.com

WILMINGTON, Del., May 11, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that it expects its total second quarter 2017 revenue to be between $130 million and $135 million, with recurring revenue in the range of $84 million to $89 million and past sales revenue of $46 million.  The guidance includes the total amount to be paid pursuant to a second quarter 2017 settlement.  The range does not include any amounts related to the remaining patents due to be transferred under the Huawei patent license agreement. Such transfer was originally expected to take place by the end of second quarter 2017, but the transfer is now expected to be completed in third quarter 2017. This revenue guidance is based primarily on royalty reports received to date, and does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any arbitration or dispute resolutions that may occur, during the balance of second quarter 2017. InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company’s current expectations with respect to second quarter 2017 revenue and the timing for completion of the transfer of the remaining patents under the Huawei patent license agreement. Words such as "expects," "projects," "forecast," and variations of such words or similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in or anticipated by such forward-looking statements due to a variety of factors, including, but not limited to: (i) the entry into additional patent license, patent sales or technology solutions agreements; (ii) the accuracy of market sales projections of the company's licensees and timely receipt and final reviews of quarterly royalty reports from the company's licensees and related matters; (iii) amounts of royalties payable following routine audits, if any, and the timely receipt of such amounts during second quarter 2017; (iv) the timing and outcome of the company's litigation and arbitration proceedings and the payment of any related awards; (v) a change in the expected timing of the completion of the Huawei patent transfer; and (vi) new developments in the company’s litigation or arbitration proceedings. We undertake no duty to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise except as may be required by applicable law, regulation or other competent legal authority. InterDigital is a registered trademark of InterDigital, Inc.


News Article | May 11, 2017
Site: globenewswire.com

WILMINGTON, Del., May 11, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that it expects its total second quarter 2017 revenue to be between $130 million and $135 million, with recurring revenue in the range of $84 million to $89 million and past sales revenue of $46 million.  The guidance includes the total amount to be paid pursuant to a second quarter 2017 settlement.  The range does not include any amounts related to the remaining patents due to be transferred under the Huawei patent license agreement. Such transfer was originally expected to take place by the end of second quarter 2017, but the transfer is now expected to be completed in third quarter 2017. This revenue guidance is based primarily on royalty reports received to date, and does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any arbitration or dispute resolutions that may occur, during the balance of second quarter 2017. InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company’s current expectations with respect to second quarter 2017 revenue and the timing for completion of the transfer of the remaining patents under the Huawei patent license agreement. Words such as "expects," "projects," "forecast," and variations of such words or similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in or anticipated by such forward-looking statements due to a variety of factors, including, but not limited to: (i) the entry into additional patent license, patent sales or technology solutions agreements; (ii) the accuracy of market sales projections of the company's licensees and timely receipt and final reviews of quarterly royalty reports from the company's licensees and related matters; (iii) amounts of royalties payable following routine audits, if any, and the timely receipt of such amounts during second quarter 2017; (iv) the timing and outcome of the company's litigation and arbitration proceedings and the payment of any related awards; (v) a change in the expected timing of the completion of the Huawei patent transfer; and (vi) new developments in the company’s litigation or arbitration proceedings. We undertake no duty to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise except as may be required by applicable law, regulation or other competent legal authority. InterDigital is a registered trademark of InterDigital, Inc.


News Article | June 14, 2017
Site: globenewswire.com

WILMINGTON, Del., June 14, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, held its annual meeting of shareholders today on the Internet through an interactive webcast. At the meeting, InterDigital shareholders approved the election of Jeffrey K. Belk, Joan H. Gillman, S. Douglas Hutcheson, John A. Kritzmacher, John D. Markley, Jr., William J. Merritt, Kai O. Öistämö, Jean F. Rankin and Philip P. Trahanas as members of the Board of Directors for a one-year term expiring at the 2018 annual meeting of shareholders. Shareholders also adopted and approved the company’s 2017 equity incentive plan, passed an advisory resolution to approve the company's executive compensation as reported in the company's 2017 proxy statement and approved, on an advisory basis, one year with respect to the frequency of future advisory votes on executive compensation.  Finally, the shareholders ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the year ending December 31, 2017. An archive of the webcast of the annual meeting will be available within 24 hours at IDCC.onlineshareholdermeeting.com, and will also be available shortly on the "Events and Presentations" page of the Investors section of the company's website, http://ir.interdigital.com/event. InterDigital develops technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index. InterDigital is a registered trademark of InterDigital, Inc.


News Article | May 11, 2017
Site: globenewswire.com

WILMINGTON, Del., May 11, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that it expects its total second quarter 2017 revenue to be between $130 million and $135 million, with recurring revenue in the range of $84 million to $89 million and past sales revenue of $46 million.  The guidance includes the total amount to be paid pursuant to a second quarter 2017 settlement.  The range does not include any amounts related to the remaining patents due to be transferred under the Huawei patent license agreement. Such transfer was originally expected to take place by the end of second quarter 2017, but the transfer is now expected to be completed in third quarter 2017. This revenue guidance is based primarily on royalty reports received to date, and does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any arbitration or dispute resolutions that may occur, during the balance of second quarter 2017. InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company’s current expectations with respect to second quarter 2017 revenue and the timing for completion of the transfer of the remaining patents under the Huawei patent license agreement. Words such as "expects," "projects," "forecast," and variations of such words or similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in or anticipated by such forward-looking statements due to a variety of factors, including, but not limited to: (i) the entry into additional patent license, patent sales or technology solutions agreements; (ii) the accuracy of market sales projections of the company's licensees and timely receipt and final reviews of quarterly royalty reports from the company's licensees and related matters; (iii) amounts of royalties payable following routine audits, if any, and the timely receipt of such amounts during second quarter 2017; (iv) the timing and outcome of the company's litigation and arbitration proceedings and the payment of any related awards; (v) a change in the expected timing of the completion of the Huawei patent transfer; and (vi) new developments in the company’s litigation or arbitration proceedings. We undertake no duty to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise except as may be required by applicable law, regulation or other competent legal authority. InterDigital is a registered trademark of InterDigital, Inc.


News Article | May 11, 2017
Site: globenewswire.com

WILMINGTON, Del., May 11, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that it expects its total second quarter 2017 revenue to be between $130 million and $135 million, with recurring revenue in the range of $84 million to $89 million and past sales revenue of $46 million.  The guidance includes the total amount to be paid pursuant to a second quarter 2017 settlement.  The range does not include any amounts related to the remaining patents due to be transferred under the Huawei patent license agreement. Such transfer was originally expected to take place by the end of second quarter 2017, but the transfer is now expected to be completed in third quarter 2017. This revenue guidance is based primarily on royalty reports received to date, and does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any arbitration or dispute resolutions that may occur, during the balance of second quarter 2017. InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company’s current expectations with respect to second quarter 2017 revenue and the timing for completion of the transfer of the remaining patents under the Huawei patent license agreement. Words such as "expects," "projects," "forecast," and variations of such words or similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in or anticipated by such forward-looking statements due to a variety of factors, including, but not limited to: (i) the entry into additional patent license, patent sales or technology solutions agreements; (ii) the accuracy of market sales projections of the company's licensees and timely receipt and final reviews of quarterly royalty reports from the company's licensees and related matters; (iii) amounts of royalties payable following routine audits, if any, and the timely receipt of such amounts during second quarter 2017; (iv) the timing and outcome of the company's litigation and arbitration proceedings and the payment of any related awards; (v) a change in the expected timing of the completion of the Huawei patent transfer; and (vi) new developments in the company’s litigation or arbitration proceedings. We undertake no duty to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise except as may be required by applicable law, regulation or other competent legal authority. InterDigital is a registered trademark of InterDigital, Inc.


News Article | May 11, 2017
Site: globenewswire.com

WILMINGTON, Del., May 11, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that it expects its total second quarter 2017 revenue to be between $130 million and $135 million, with recurring revenue in the range of $84 million to $89 million and past sales revenue of $46 million.  The guidance includes the total amount to be paid pursuant to a second quarter 2017 settlement.  The range does not include any amounts related to the remaining patents due to be transferred under the Huawei patent license agreement. Such transfer was originally expected to take place by the end of second quarter 2017, but the transfer is now expected to be completed in third quarter 2017. This revenue guidance is based primarily on royalty reports received to date, and does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any arbitration or dispute resolutions that may occur, during the balance of second quarter 2017. InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company’s current expectations with respect to second quarter 2017 revenue and the timing for completion of the transfer of the remaining patents under the Huawei patent license agreement. Words such as "expects," "projects," "forecast," and variations of such words or similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in or anticipated by such forward-looking statements due to a variety of factors, including, but not limited to: (i) the entry into additional patent license, patent sales or technology solutions agreements; (ii) the accuracy of market sales projections of the company's licensees and timely receipt and final reviews of quarterly royalty reports from the company's licensees and related matters; (iii) amounts of royalties payable following routine audits, if any, and the timely receipt of such amounts during second quarter 2017; (iv) the timing and outcome of the company's litigation and arbitration proceedings and the payment of any related awards; (v) a change in the expected timing of the completion of the Huawei patent transfer; and (vi) new developments in the company’s litigation or arbitration proceedings. We undertake no duty to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise except as may be required by applicable law, regulation or other competent legal authority. InterDigital is a registered trademark of InterDigital, Inc.


News Article | May 9, 2017
Site: www.prnewswire.com

ATIS' Smart Cities Technology Roadmap was developed through extensive discussions with city leaders, solution providers and manufacturers — all of whom are heavily invested in creating successful Smart Cities environments. It is available free of charge here. "Rapidly advancing capabilities to collect and analyze constant real-time data are starting to help better manage many citizen-centric functions, improving traffic flow monitoring, public safety, and more," said ATIS President and CEO Susan Miller. "The Roadmap is a much-needed focal point for dialogue between city planners and the ICT industry." Plans being made now will be more effective if they consider the introduction of 5G solutions in the next few years. These deliver the promise of high bandwidth, low-latency and pervasive connectivity offering Smart City ecosystems a new generation of applications.  The Roadmap helps planners look ahead to leverage advancements like these. It provides an overview of Smart Cities technology challenges and benefits and offers a high-level technology framework and summary of key technology enablers.  The Roadmap also includes a deeper analysis on the current state of standards, a review of technology choices, and an assessment of critical factors that may impact future deployment. ATIS wishes to thank the companies participating in Roadmap development: AT&T, Bell Canada, C-Spire, CenturyLink, Cisco, Cox Communications, Ericsson, Fujitsu, HPE, iconectiv, InterDigital, JMA Wireless, Motorola, NextNav, Nokia, Oracle, Qualcomm, Sprint, TELUS, Verizon, Viavi and West Safety Services. Learn more about ATIS' work on 5G, Smart Cities and more: www.atis.org. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/new-roadmap-guides-smart-cities-planners-to-the-connected-cities-of-the-future-300453223.html


Grant
Agency: GTR | Branch: EPSRC | Program: | Phase: Research Grant | Award Amount: 4.56M | Year: 2016

Today we use many objects not normally associated with computers or the internet. These include gas meters and lights in our homes, healthcare devices, water distribution systems and cars. Increasingly, such objects are digitally connected and some are transitioning from cellular network connections (M2M) to using the internet: e.g. smart meters and cars - ultimately self-driving cars may revolutionise transport. This trend is driven by numerous forces. The connection of objects and use of their data can cut costs (e.g. allowing remote control of processes) creates new business opportunities (e.g. tailored consumer offerings), and can lead to new services (e.g. keeping older people safe in their homes). This vision of interconnected physical objects is commonly referred to as the Internet of Things. The examples above not only illustrate the vast potential of such technology for economic and societal benefit, they also hint that such a vision comes with serious challenges and threats. For example, information from a smart meter can be used to infer when people are at home, and an autonomous car must make quick decisions of moral dimensions when faced with a child running across on a busy road. This means the Internet of Things needs to evolve in a trustworthy manner that individuals can understand and be comfortable with. It also suggests that the Internet of Things needs to be resilient against active attacks from organised crime, terror organisations or state-sponsored aggressors. Therefore, this project creates a Hub for research, development, and translation for the Internet of Things, focussing on privacy, ethics, trust, reliability, acceptability, and security/safety: PETRAS, (also suggesting rock-solid foundations) for the Internet of Things. The Hub will be designed and run as a social and technological platform. It will bring together UK academic institutions that are recognised international research leaders in this area, with users and partners from various industrial sectors, government agencies, and NGOs such as charities, to get a thorough understanding of these issues in terms of the potentially conflicting interests of private individuals, companies, and political institutions; and to become a world-leading centre for research, development, and innovation in this problem space. Central to the Hub approach is the flexibility during the research programme to create projects that explore issues through impactful co-design with technical and social science experts and stakeholders, and to engage more widely with centres of excellence in the UK and overseas. Research themes will cut across all projects: Privacy and Trust; Safety and Security; Adoption and Acceptability; Standards, Governance, and Policy; and Harnessing Economic Value. Properly understanding the interaction of these themes is vital, and a great social, moral, and economic responsibility of the Hub in influencing tomorrows Internet of Things. For example, a secure system that does not adequately respect privacy, or where there is the mere hint of such inadequacy, is unlikely to prove acceptable. Demonstrators, like wearable sensors in health care, will be used to explore and evaluate these research themes and their tension. New solutions are expected to come out of the majority of projects and demonstrators, many solutions will be generalisable to problems in other sectors, and all projects will produce valuable insights. A robust governance and management structure will ensure good management of the research portfolio, excellent user engagement and focussed coordination of impact from deliverables. The Hub will further draw on the expertise, networks, and on-going projects of its members to create a cross-disciplinary language for sharing problems and solutions across research domains, industrial sectors, and government departments. This common language will enhance the outreach, development, and training activities of the Hub.


Grant
Agency: GTR | Branch: EPSRC | Program: | Phase: Research Grant | Award Amount: 310.42K | Year: 2016

This project will develop multi-antenna full-duplex technology to achieve highly efficient spectrum usage in HetNets (heterogeneous networks). Full-duplex radios are much more than just doubling the capacity as perceived in current literature. More explicitly speaking, we believe that it is making communication technologies impossible become possible. The implications of full-duplex communications are transformative. Full duplex, which permits simultaneous transmission and reception, motivates a fundamental rethinking of the ways wireless networks are designed and optimised. However, the fact that the power of the transmitting signal is so much larger (over 100 dB) than that of the receiving signal has fuelled the belief that it is impossible to separate them on a single channel. Recently, this picture has begun to change, following the pioneering work by Choi et al. from Stanford University who demonstrated a working full-duplex radio on a single channel. We envisage that full-duplexing can transform the operations of wireless networks and is expected to have massive benefits in HetNets. HetNets are widely regarded as one key wireless technology for the provision of future wireless communications (including 5G) by complex interoperation between macrocells and small cells. The enormous interest for HetNets is due to their capability of providing high regional capacities and flexible coverage, and more importantly their low infrastructure costs. In HetNets, a mosaic of wireless coverage is obtained by a variety of wireless coverage zones from macrocell to small cell such as, pico- and femtocell. Of increasing interest to mobile operators are the customers installed femtocells that can greatly improve indoor coverage but share the same frequency band as the macrocells. There is a huge scope of research in resource allocation and physical-layer design and optimisation in HetNets. This project will exploit the full potential of MIMO full-duplexing in HetNets by designing a holistic solution that interconnects antenna design, physical-layer signal processing, and network resource allocation to address the inherent challenges of full-duplexing and realise its massive end-to-end benefits. To achieve this goal, UPFRONT first proposes new antenna design specially for wideband MIMO full-duplexing, which is substantially more challenging than the existing narrowband single-antenna case. Next we leverage the powerful MIMO signal processing to handle the overlooked in-tercell interference and new interference introduced by the full-duplex operation, which are critical to deliver the end-to-end benefits of full-duplex HetNets but were not well studied before. Furthermore, UPFRONT will explore the unexplored full-duplexing opportunities to address the networking-wide resource allocation challenges associated with the adoption of full-duplexing small cells under the greater macrocell structure sharing the same mobile spectrum. The outcomes of UPFRONT will elucidate the importance of a holistic approach to full-duplexing design and have impact in fundamental and practical research of future wireless networks.


Grant
Agency: GTR | Branch: EPSRC | Program: | Phase: Research Grant | Award Amount: 306.10K | Year: 2016

Wireless communications have enabled a plethora of novel applications in recent years thanks to the continuous research efforts to increase the spectral efficiency (SE) and energy efficiency (EE) of wireless networks. Multi-antenna (MIMO) processing plays a central part towards harnessing those gains. MIMO has grown much beyond the original point-to-point channel and can nowadays refer to a diverse range of centralized and distributed deployments (e.g. multi-cell MIMO, cooperative/coordinated MIMO, distributed MIMO, massive MIMO, network MIMO). The fundamental bottleneck towards enormous spectral and energy efficiency benefits in multiuser MIMO networks lies in a huge demand for accurate channel state information at the transmitter (CSIT). This has become increasingly difficult to satisfy due to the increasing number of antennas and access points in next generation wireless networks relying on very dense heterogeneous networks and transmitters equipped with a very large number of antennas. CSIT inaccuracy results in a multi-user interference that significantly degrades the network performance. Looking backward, the problem has been to strive to apply techniques designed for perfect CSIT to scenarios with imperfect CSIT. The motivation behind this project is the following: wouldnt it be wiser to design wireless networks from scratch accounting for imperfect CSIT? In this project, we leverage recent progress in information theory and initial results by the PIs to address the above fundamental CSIT problem (and its resulting multi-user interference) by introducing a rate-splitting (RS) network architecture. Contrary to current approaches where transmission is operated in a broadcast manner with one private message per user, the approach considered consists in splitting one receivers message into a common and a private part and superposing this common message on top of all users private messages. The common message is decoded by all users but intended to only one of the users. Such approach has recently been found to be optimal from an information theoretic perspective in a multiuser deployment with imperfect CSIT and significant enhancements over conventional approaches in terms of spectral efficiency and power utilization have been demonstrated by the PIs. This visionary project conducted at Imperial College London and University of Edinburgh by leading experts in wireless communication theory aims at leveraging those recent findings to design and demonstrate the suitability of an RS-based MIMO wireless network architecture in a multitude of scenarios. To put together this novel wireless network solution in a credible fashion, this project focuses on designing 1) RS for a single transmission point, 2) RS for a large number of co-localized antennas (also called Massive MIMO) in microwave and millimeter-wave bands, 3) RS for a large number of distributed antennas representative of dense heterogeneous networks, 4) RS for multi-antenna relay channel and finally 5) evaluating the system level performance of RS-based networks. The project will be performed in partnership with leaders in equipment manufacturing and standardization (Toshiba and InterDigital) and in defence and emergency services (Qinetiq). The project demands a strong track record in wireless communication, MIMO signal processing, optimization, information theory and it is to be conducted in a unique research group with a right mix of theoretical and practical skills. With the above and given the novelty and originality of the topic, the research outcomes will be of considerable value to transform the future of wireless and give the industry a fresh and timely insight into the development of robust MIMO wireless networks, advancing UKs research profile of both wireless communication in the world. Its success would radically change the design of the physical layer of wireless communication systems and have a tremendous impact on standardization.

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