InterDigital signs patent license with LG Electronics
January 03 2023 - 6:30AM
InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology
research and development company, today announced that the company
has signed an HEVC and VVC patent license with LG Electronics, a
leading Korean-based manufacturer of various consumer electronics
products. The license covers a range of LG products such as TVs and
PCs.
“I am very pleased that LG Electronics, one of the leading
manufacturers of consumer electronics products, has taken a license
to InterDigital´s video coding portfolio and I look forward to a
continued, mutually beneficial business relationship with the
company,” said Eeva Hakoranta, Chief Licensing Officer,
InterDigital.
About InterDigital®
InterDigital develops mobile and video
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, better video delivery, and richer
multimedia experiences years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world’s leading technology companies. 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
LloydEmail: richard.lloyd@interdigital.com+1 (202)
349-1716
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From Mar 2024 to Apr 2024
InterDigital (NASDAQ:IDCC)
Historical Stock Chart
From Apr 2023 to Apr 2024