Wilmington, Delaware, October 8, 2024 / PRNewswire / - InterDigital, Inc. (NASDAQ: IDCC), a research and development company focusing on mobile communications, video, and ai technologies, today announced a new licensing agreement with TPV, a major manufacturer of different brands of digital cable television.

These agreements allow TPV to use InterDigital's extensive HEVC patent portfolio, as well as the digital television (DTV) patents licensed by InterDigital and Sony through a joint licensing program.

"These agreements once again demonstrate the value of our product portfolio in the consumer electronics sector," said Eeva Hakoranta, Chief Licensing Officer of InterDigital. "InterDigital's leading position in video technologies like HEVC showcases how our innovation supports a variety of video-based devices and services. We are pleased to reach these additional licenses with another major television manufacturer."

Introduction to InterDigital

InterDigital is an international research and development company focused on wireless communication, video, artificial intelligence (AI) and related technologies. We design and develop fundamental technologies that can achieve connected and immersive experiences in a variety of communication and entertainment products and services. We license our innovations to enterprises worldwide that offer such products and services, including wireless communication equipment, consumer electronics products, Internet of Things devices, automobiles or other motor vehicles manufacturers, as well as cloud-based service providers such as video streaming. As a leader in wireless communication technology, our engineers have designed and developed a large number of innovative products for use in wireless communication products and networks, including the earliest digital cellular systems to 5G and today's most advanced Wi-Fi technology. We are also a leader in video processing and video codec technology, and conduct a significant amount of AI research that is cross-cut with wireless communication technology and video technology. InterDigital was founded in 1972 and is listed on NASDAQ.

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