InterDigital awarded injunction against Lenovo
InterDigital, Inc. (IDCC)
Last interdigital, inc. earnings: 2/20 08:30 am
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Source: GlobeNewswire
WILMINGTON, Del., May 02, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced it has been awarded an injunction against Lenovo by a court in Germany. The Regional Court in Munich held that Lenovo infringes InterDigital’s patent-in-suit covering 4G and 5G devices, that InterDigital has acted in a FRAND manner at all times, and that Lenovo is an unwilling licensee who has not acted in line with widely recognized FRAND principles. This is a first instance decision which can be appealed. “The strength of our portfolio and the quality of our standards contributions have once again been recognized by a court,” commented Josh Schmidt, Chief Legal Officer, InterDigital. “Following the court’s finding that Lenovo’s behavior constitutes hold-out, we hope Lenovo reverses course and finally takes a fair and reasonable license.” About InterDigital® InterDigital is a global research and development com
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News
- InterDigital, Inc. (NASDAQ: IDCC) had its "hold" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $100.00 price target on the stock, down previously from $106.00.MarketBeat
- InterDigital, Inc. (NASDAQ: IDCC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- InterDigital (IDCC) Q1 Earnings Beat on Higher Revenues [Yahoo! Finance]Yahoo! Finance
- InterDigital, Inc. (NASDAQ:IDCC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- InterDigital awarded injunction against Lenovo [Yahoo! Finance]Yahoo! Finance
IDCC
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- 5/2/24 - Beat
IDCC
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- 5/7/24 - Form 4
- 5/6/24 - Form 144
- 5/2/24 - Form S-8
- IDCC's page on the SEC website