other material
confidence high
sentiment neutral
materiality 0.70
InterDigital agrees to arbitrate Samsung patent royalties; timeline ~18 months
InterDigital, Inc.
- Arbitration panel to set worldwide royalty rates for InterDigital patents from Jan 1, 2023 onward.
- Determination will be final, binding, and non-appealable with limited exceptions.
- Arbitration expected to conclude in ~18 months; parties agree not to initiate certain claims during process.
- Licenses under joint program with Sony for digital TVs and standalone monitors excluded from arbitration.