IDCC - InterDigital renews license agreements with Panasonic Entertainment & Communication Co. Ltd.

WILMINGTON, Del., Jan. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company has renewed its patent license agreements with Panasonic Entertainment & Communication Co., Ltd. (“Panasonic”).

The renewals extend Panasonic’s license under InterDigital’s HEVC patents and also extend its digital TV license under InterDigital’s joint licensing program with Sony.

“It is always gratifying to renew our agreements with a long-term partner like Panasonic,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “This serves as another strong validation of the quality of our video portfolio and the importance of our innovation in today’s TV market.”

About InterDigital ^®

InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading technology companies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com .

InterDigital Contact:
Richard Lloyd
Email: richard.lloyd@interdigital.com
+1 (202) 349-1716