InterDigital Inc (IDCC)

The stock trades time a day trader's dream.
This arbitration is taking so long as we head to 9 months from the October completion announcement.

Scooby, it's not the first time, in fact there's quite the same volatility just before each quarter result release. Just think long and consider fundamentals, it helps keeping faith. 

Why are we going down?  Because they can move it whatever way they want.

Lobbying Update: $80,000 of INTERDIGITAL INC. lobbying was just disclosed
July 16, 2025 — 04:15 pm EDT

Written by Quiver LobbyingRadar for Quiver Quantitative

$80,000 of INTERDIGITAL INC. lobbying was just disclosed, from Q2 of 2025, in a new Lobbying Disclosure Act filing.

This included lobbying on issues like:

"Legislation relating to the impact of patent reform on IP protections. Issues relating to patent reform. Issues relating to trade. Issues relating to 5G and 6G development."

https://www.nasdaq.com/articles/lobbying-update-80000-interdigital-inc-lobbying-was-just-disclosed

I agree, it looks like it wants to run, and then gets beaten back. 

Tcat, the stock is trading as if it is being manipulated.

In am not happy with today's near total wasting and Rip-N-Squander of an earlier 7 point gain!

GEEEEEEZZZZZZZZZEEEEEEE!

Tomcat

Who turned out the lights and took the cash at $35.88 a share. Darn thieves.

who turned on the lights!?

Vegas,

I say: "When in Doubt, Jump and Shout!"

Tomcat

FanOfspringteen, Brokers do not always reveal the size of orders. I recently sold a large order of puts (2500) on a company that I want to accumulate. On level 3 Schwab put my size at 10 contracts yet they all sold.

Paullee wishing and hoping has gotten me to where we are at today's stock price.

always wishing and hoping :)

I am hoping when they announce the earnings, or just before, a favorable Samsung arbitration agreement license is announced.

Vegas,

I see that now. If you sell IDCC calls naked and they get exercised, you will be short the stock.

Thanks - Tomcat

It makes sense. I'm not trading options but when buying 300 shares at a time i got a warning telling me that my order was too large for the market. And the order was splitted in multiples orders. So to cover the amount of shares required by calls, i understand it may be difficult to bring the shares if you don't have them (which is not your case). 

Company Release - 7/15/2025WILMINGTON, Del., July 15, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its second quarter 2025 financial results before the market open on Thursday, July 31, 2025.InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance.For a live webcast of the conference call visit https://www.globenewswire.com/Tracker?data=EkB-CS9u_3uf7p0mmDOUXwjs3YRNPvm76U4j-kdaWLBb35hnavwJXBxfus76Bw5ruzXt-rAnKtpQIf5oqEslWkT8RHcgcd3VarNiN3JD4dM= and click on the “Webcast” link on the Investors page. The company encourages participants to take advantage of the webcast option.For telephone access to the conference call, visit https://www.globenewswire.com/Tracker?data=EkB-CS9u_3uf7p0mmDOUXwjs3YRNPvm76U4j-kdaWLD8zqR_PTtMWa0jFVIKCVJOEZKg7nnkCrQP_vTk_jfJGdlUNGJYYRNmoNWtWq_J94A= and click on the “Dial-In Registration” link on the Investors page. Registration is necessary to obtain a dial-in phone number and PIN to join.A replay of the conference call will be available on InterDigital’s website under Events in the Investors section. The replay will be available for one year.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: https://www.globenewswire.com/Tracker?data=EkB-CS9u_3uf7p0mmDOUXwjs3YRNPvm76U4j-kdaWLAuNZY3v8yYjHQfwQZL89vRrQ0VH0BwyyWmLaeW7nnGkmtfKBK5ljjKStm1fCzFc1w=.
https://www.globenewswire.com/Tracker?data=cJ3cg9OTL_B3afhkGKHCO6wj2k5IeTYdoaH9-xOwWAPdca53Pz8Rgu_WVpZ3dtkAlGCNo4pfXfT42ljgJ8KvfmmMh07k4rZ_0mt9e9jV2Hsz7WAYtg8OQNeUG0Ruod8XHVwzNmhmc4ieLOkr6406zA==
tel:+1 (302) 300-1857

tnyellowtomcat, Schwab warns you that if you sell calls and it results in you having to borrow stock you might have to pay hard to borrow fees. It is a generic warning as it does not look at the number of shares I own. Schwab only puts the warning on the few stocks that are getting into tight supply.

Vegas,

That is interesting. I hope they don't know some bad news that we longs don't.

I suspect that is is averaging down of underwater shorts (selling more at higher prices to raise their average breakeven price). A lot of this short interest %age has existed from $50 a share days!

One other thing ...

Why would "hard to borrow" matter if you are selling options?

Tomcat

Gamco,

I guess the shorts are waiting for an atomic bombing, so that they can cover on a pullback?

?? - Tomcat

Gamco, My broker (Schwab) keeps telling me that when I try to sell options IDCC is about to be Hard to Borrow

IDCC short interest as of 6/30/25 @ 1.97 M shares, up from 1.88 M shares on 6/30/25.

gamco excellent posts as always, much appreciated
just about all of the analyst reports are saying that idcc revenue is forecasted to decline over the next 3-4 years
however idcc is forecasting revenue is to increase from 600m to over a 1billion by the yesr 2030
we have a high percent profit margin , high cash flow and cash on hand and strong patent portfolio going forward
our dmc and video compression is projected to out perform and will add exponentially to the bottom line
we have a relatively low p/e and idcc has a reputation of over delivering
i may be drinking the cool aid here but i see us on a strong trajectory going forward

We’re proud to see hashtag#InterDigital's Ralf Schaefer shaping the future of hashtag#immersive media through the hashtag#MPEG hashtag#Video-based Dynamic Mesh Compression (V-DMC) standard.

Ralf recently joined industry experts to highlight how V-DMC enables efficient hashtag#compression of dynamic hashtag#3D meshes for hashtag#XR, hashtag#gaming, and hashtag#immersive content, and provides a solution for hashtag#operators who would like to use dynamic meshes to deliver hashtag#volumetric video to end users.

InterDigital’s active role in V-DMC builds on our hashtag#innovation in hashtag#volumetric and point cloud compression, with a focus on real-world applications and hashtag#mobile-ready performance for users.

InterDigital is pleased to welcome Ryan Pohlman, who will serve as Vice President and Associate General Counsel for hashtag#Licensing.

Ryan brings over 20 years of legal experience in patent law and intellectual property strategy and joins InterDigital from Sony Corporation of America, where he spent the past 11 years managing and advising on global patent matters, including licensing negotiations, litigation, and strategic patent transactions. Prior to Sony, Ryan was a partner at Kirkland & Ellis, where he led complex patent litigation in the tech sector, and served as legal counsel at K&L Gates, where he focused on patent prosecution and litigation.

At hashtag#InterDigital, Ryan will be responsible for providing strategic legal advice and support across all licensing programs – hashtag#mobile, hashtag#consumer electronics, and hashtag#video streaming. He will serve as a lead legal negotiator for many of the patent license agreements and play a key role in shaping strategies to grow and enhance licensing revenue for InterDigital.

Please join us in welcoming, Ryan!

InterDigital is pleased to announce that on July 3rd Angela Barr was promoted to Vice President, Head of hashtag#IP.

Angela brings deep experience from her prior role as Head of Portfolio Creation, where she led our global prosecution strategy. She first joined the Company in 2013 as a Senior Patent Attorney and has led the Portfolio Creation team since 2021. During that time, Angela has consistently demonstrated leadership and technical expertise across multiple geographies and technologies, helping to grow our portfolio to more than 34,000 assets across wireless, video and AI.

Prior to moving to an in-house position with InterDigital, Angela worked for ten years as a patent attorney in patent law firms in London and Paris, where she handled drafting and prosecution for high-tech global hashtag#patent portfolios, opposition and appeal proceedings before the European Patent Office, and litigation support.

Calculating The Fair Value Of InterDigital, Inc. (NASDAQ:IDCC)
Simply Wall St · 7/10/25

Key Insights
Using the 2 Stage Free Cash Flow to Equity, InterDigital fair value estimate is US$251
InterDigital's US$227 share price indicates it is trading at similar levels as its fair value estimate
Analyst price target for IDCC is US$220 which is 12% below our fair value estimate
Today we will run through one way of estimating the intrinsic value of InterDigital, Inc. (NASDAQ:IDCC) by taking the forecast future cash flows of the company and discounting them back to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Believe it or not, it's not too difficult to follow, as you'll see from our example!

Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.

https://www.webullapp.com/news-detail/13136853848728576?__app_cfg__=%7B%22supportTheme%22%3Atrue%7D&sourcePage=Stock_NewsList&tickerId=913256815&audioNewsPlayedDuration=&theme=1&color=3&hl=en&android_sdk_int=35&canary-version=&_v=1&sp=1&statusBarHeightV2=24&isLite=false&wbFontSetting=extraLarge&wbFontUnit=32&wbFontSize=44&isSubsNews=false

The stock has traded $8.65 between today's high $231 and $222.35 low. And relatively light share volume of 113k as of this post.

Thanks, MY3S. Let us get this stock movin’!

Thanks AMR.

la-Tsla - the 234 is in reference to the oreenos when IDCC hits a new all time high sp number. We hit 234 in late June. The all time high of 237 and change was hit that week also.

Gamco the request for additional information makes sense as to why the arb decision may not have been announced. While we may not receive any numbers as to the arb decision, I believe IDCC is obligated to let us know it has been resolved by final decision.
Thanks for the feedback.

my3sons87 - As I recall, a webcast during the OCT/DEC time frame in 2024, Liren stated that the Arbitrators had requested additional information from both Samsung and InterDigital. My understanding (which may be incorrect) is that additional information would be provided to the Arbitrators by year end 2024. This may be the reason that the final decision has not been received.
Also, unless the decision results in a material difference (as in generally accepted accounting terms) than what has already been provided in the financial reporting to date, IDCC may choose to not have a separate press release about bringing this matter to a close. But rather, reference the conclusion in a regular quarterly report.

Per the Samsung sales numbers for 2023 I located. The sales were 226.6 million units. If we assume arbitration rate of 0.50 (50 cents) a unit sold IDCC would be due $113.3 million for 2023z not bad if you can get it.

la welcome back.

IDCC and Samsung filed the agreed request for arbitration with the ICC on March 31, 2023. As I recall from the IDCC filings the arbitration was completed in October 2024.
As of this July 2024 month we are 28 months out from the filing date, and 9 months out from the arbitration completion month of October 2024.
Where is the decision? What gives. It can only be whatever the decision on the rate and terms of the arb panel were.

I think you mean 224, right?

I see no rate was set for the 2024 agreement either!

congratulatioms MY3S!

my3s: I am back! Recently in order to get the intrinsic value out of my calls, I had to exercise the calls. THEREFORE, I am now the proud owner of a few hundred shares of IDCC stock. I am not too concerned with the short-term, but worry much more about the long haul, say in 5-10+ years. What is your forecast?

Paulee good post. It brings me up to speed win what has been going on between my two loves IDCC (my moniker used to be La-IDCC-FAN,( I remember you well from the old days., and ,y current love, Tesla. I remember joining the board in hailing the AVANCI agreement years ago, just to get domrethingout of our then-secretive board. Since I left I have not dabbled in IDCC stock at all. However, I got interested once IDCC crossed $200. I have primarily invested in straddles and strangles around earnings times. Once in a while, I have to buy the stock just to get the intrinsic value out of a call. I just had an incident like that: AND I AM THE PROUD OWNER OF SOME IODCC STOCK.

ICC Arbitration

The ICC does not publish precise data on the average duration of all cases administered by the ICC. However, according to the ICC statistics for 2020, the average duration of proceedings in cases that reached a final award in 2020 was 26 months calculated on the basis of all said cases, including those where the proceedings were suspended by the parties for any length of time. The median duration of proceedings at the ICC was 22 months, according to the ICC Report.[7]

https://www.acerislaw.com/the-duration-of-arbitration/

Thanks Gamco.

Head of IP Mang Zhu leaves InterDigital
Nicole-Anne Lagrimas

03 July 2025

Mang Zhu joined InterDigital in November 2023
Her departure comes just a few months after Eeva Hakoranta stepped down as chief licensing officer

and co pilot says

Case Overview: Tesla v. InterDigital & Avanci
• Parties Involved:
o Tesla: Seeking to launch 5G-enabled vehicles in the UK.
o InterDigital: Holds standard-essential patents (SEPs) for 5G technology.
o Avanci: Administers a patent pool (the Avanci 5G Platform) that includes InterDigital’s SEPs.
• Tesla’s Argument:
o Tesla claims that Avanci’s flat-rate license fee of $32 per vehicle is not FRAND (Fair, Reasonable, and Non-Discriminatory).
o Tesla wants the UK courts to determine what FRAND terms should apply to a license for the Avanci 5G Platform.
o Tesla already holds a license for Avanci’s 4G platform, but is challenging the 5G terms.
• Legal Issue:
o Whether UK courts have jurisdiction to set FRAND licensing terms at the request of a product maker (Tesla), rather than the patent holder.
o This is a jurisdictional dispute with potentially wide implications for global SEP licensing.
Supreme Court Appeal
• The UK Supreme Court has now agreed to hear Tesla’s appeal, which centers on whether implementers (like Tesla) can ask UK courts to set FRAND terms for a license offered by a patent pool administrator like Avanci.
• The outcome could reshape how SEP licensing disputes are handled internationally, especially in the automotive and tech sectors.


The UK Supreme Court’s decision to hear Tesla’s appeal in the Avanci 5G licensing case could have far-reaching implications for both the automotive industry and the global patent licensing landscape. Here's what’s at stake:
🚗 Implications for the Auto Industry
• Increased Leverage for Automakers: If Tesla wins, car manufacturers could gain the ability to challenge non-negotiable flat-rate licenses offered by patent pools like Avanci, potentially leading to more customized and cost-effective licensing.
• Pressure on Patent Pools: A ruling in Tesla’s favor might force Avanci and similar platforms to rethink their licensing models, possibly allowing more flexibility or transparency in pricing.
• Innovation Acceleration: Lower or fairer licensing costs could reduce barriers to entry for smaller automakers or startups looking to integrate 5G and other advanced connectivity features.
• UK as a Legal Hub: The case could reinforce the UK’s role as a forum of choice for global tech and IP disputes, especially in the automotive and telecom sectors.
🌍 Implications for Global Patent Licensing
• Jurisdictional Precedent: The core legal question is whether implementers (like Tesla) can ask UK courts to set FRAND terms for a global license offered by a patent pool administrator. A favorable ruling could expand the scope of UK courts' authority in international IP disputes.
• Challenge to Patent Pool Models: If courts can set FRAND terms at the request of implementers, SEP holders may reconsider joining pools like Avanci, fearing loss of control over licensing terms.
• Ripple Effect Across Jurisdictions: Other courts (e.g., in Germany or China) may look to the UK ruling when deciding similar cases, potentially leading to greater global consistency—or fragmentation—in SEP licensing law.
• Balance of Power Shift: A win for Tesla could tilt the balance toward implementers in SEP negotiations, encouraging more litigation or regulatory scrutiny of licensing practices.

Here’s a deeper dive into FRAND licensing in 5G connected vehicles and a timeline of Tesla’s legal battle over the Avanci 5G platform:
📅 Tesla v. Avanci: Legal Timeline Highlights
Date Event
2022 Tesla challenges Avanci’s $32/vehicle 5G license fee in UK courts, arguing it’s not FRAND-compliant.
2023 UK High Court dismisses Tesla’s case, stating courts can’t set FRAND terms at the request of implementers.
2024 UK Court of Appeal upholds the dismissal. Tesla seeks permission to appeal to the UK Supreme Court.
2025 UK Supreme Court grants Tesla permission to appeal, setting the stage for a landmark ruling2.
📡 FRAND Licensing in 5G Connected Vehicles
What Is FRAND?
• FRAND stands for Fair, Reasonable, and Non-Discriminatory.
• It’s a legal framework that governs how standard-essential patents (SEPs) must be licensed to ensure fair access to critical technologies like 5G.
Why It Matters for Cars
• Modern vehicles rely on cellular connectivity for features like navigation, infotainment, over-the-air updates, and vehicle-to-everything (V2X) communication.
• Licensing SEPs for these technologies is essential—but who pays, how much, and on what terms is hotly contested.
Key Insights:
• Avanci’s 5G license costs $32 per vehicle, or $29 for early adopters, covering 2G–5G SEPs.
• Qualcomm, by contrast, charges $5 per vehicle for its 5G SEP license.
• A Brattle Group study estimates the true FRAND value of 5G in vehicles may be under $10, based on usage and consumer value.


Here’s a detailed look at 5G licensing rates and how 5G features are transforming connected vehicles:
💰 5G Licensing Rates: A Comparative Snapshot
Licensor / Platform License Fee per Vehicle Coverage Notes
Avanci (5G) $32 ~80% of SEPs Flat-rate license for 2G–5G; Tesla is challenging this as not FRAND-compliant
Avanci (4G) $15–$20 ~70% of SEPs Tesla already holds this license
Qualcomm $5 Select SEPs Offers direct licensing outside of Avanci
Estimated FRAND Value

From Gemini:

The parties involved in the UK Supreme Court case where Tesla has been granted permission to appeal in the Avanci 5G rate-setting case are:

Appellants:

Tesla, Inc.

Tesla Motors Limited

Respondents:

InterDigital Patent Holdings, Inc.

InterDigital Holdings, Inc.

Avanci, LLC

It's important to note that while Avanci is the administrator of the patent pool, InterDigital is a key licensor member within that pool, and Tesla's case seeks to determine FRAND (Fair, Reasonable, and Non-Discriminatory) terms for a license of UK Standard-Essential Patents (SEPs) in the Avanci 5G Platform.

Tesla filed its appeal with the UK Supreme Court by petitioning to hear the case on September 3, 2024.

It's important to distinguish the different stages of the case:

The initial proceedings were commenced by Tesla in the High Court in December 2023.

The UK Court of Appeal dismissed Tesla's appeal in a decision dated March 6, 2025.

Following that, Tesla then sought permission to appeal to the UK Supreme Court, and this petition was filed on September 3, 2024. The Supreme Court granted that permission on July 2, 2025 (which is today's date in your context).

UK Supreme Court grants Tesla permission to appeal in Avanci 5G rate-setting case

Stage set for UK Supreme Court's first FRAND ruling since Unwired Planet

I wonder if the arbitrator will be working at his normal hectic pace over the Independence Day Holiday.

For those not aware IDCC is up 2,617.94% all time aimce they began trading. I say that is not a bad return for the long term investors. And we have much more room for growth.
To Mickey Britt, Teecee, Ray Ambrose and many others, May your thoughts come true.

We need a serious short roast. How do we get it, with a milestone PR announcement, i.e. A significant Samsung arbitration win, followed by a Lenovo and Disney settlement. Or some such PR.