other material
confidence high
sentiment positive
materiality 0.80
InterDigital renews patent license with Apple; expects $134M annual revenue for 7 years
InterDigital, Inc.
- Patent license renewed with Apple, Inc., effective October 1, 2022, for a seven-year term.
- Expected annual revenue of approximately $134 million over the license term.
- License agreement was entered on September 30, 2022, and publicly announced via 8-K.