InterDigital Inc (IDCC) Financial

InterDigital, Inc. is a global research and development company, which engages in the business of wireless, video, artificial intelligence, and related technologies. The company is headquartered in Wilmington, Delaware and currently employs 460 full-time employees. The company designs and develops foundational technologies that enable connected, immersive experiences in a range of communications and entertainment products and services. The firm licenses its innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, Internet of Things (IoT) devices, cars and other motor vehicles and providers of cloud-based services such as video streaming. The company focuses on wireless technology, which is used in wireless products and networks, from the earliest digital cellular systems to fifth generation (5G) and advanced Wi-Fi technologies. The firm also focuses on video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies.