IDCC - UK Court of Appeal rules in favor of InterDigital in dispute with Lenovo | Benzinga
WILMINGTON, Del., July 12, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, today announced that the UK's Court of Appeal handed down its decision in InterDigital's FRAND licensing case against Lenovo.
The Court of Appeal ruled in favor of InterDigital, including raising the amount that Lenovo must pay for a license to InterDigital's cellular SEP patents. The court rejected Lenovo's appeal in its entirety and confirmed that Lenovo must pay for all of its past sales starting from 2007. By virtue of this ruling, Lenovo will pay an additional amount of more than $55 million to a total of approximately $240 million for Lenovo's past sales through December 31, ...