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0.000172592336900207 0.000172592336900207 0.000690369347600952 -0.00327925440110467 -0.0139609941318606 0.0013807386952019 -0.00414221608560583 -0.00414221608560583
Stock impact report

Huawei, InterDigital enter licensing pact, end patent litigation; InterDigital surges [Reuters]

InterDigital, Inc. (IDCC) 
Last interdigital, inc. earnings: 2/20 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.interdigital.com
Company Research Source: Reuters
Huawei, InterDigital enter licensing pact, end patent litigation; InterDigital surges (Reuters) - InterDigital Inc, a developer of digital mobile and video technology, said on Tuesday it has entered a worldwide patent licensing agreement with China’s Huawei Technologies Ltd, and that the companies have settled all litigation against each other. Shares of InterDigital rose as much as 19.2%. In a regulatory filing, InterDigital said the licensing agreement runs through 2023, and covers royalties from the sale of some of Huawei’s 3G, 4G and 5G wireless telecommunications products. InterDigital said the companies have also ended more than 15 months of litigation in China and the United Kingdom. Huawei had sued InterDigital in January 2019 in the Shenzhen Intermediate People’s Court in China, claiming that the Wilmington, Delaware-based company was licensing its patents on unfair terms, according to a separate regulatory filing. InterDigital countered in December 2019 with its own action b Show less Read more
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