InterDigital renews 5-year license with major Chinese vendor for cellular/WiFi/HEVC patents

InterDigital, Inc.

Renewed worldwide, non-exclusive, royalty-bearing license with major Chinese vendor for five years.
License covers vendor's cellular products (smartphones, other cellular-enabled devices) under InterDigital's standard essential patents.
Portfolio includes standard essential cellular, WiFi, and HEVC patents.
No financial terms disclosed; license ensures recurring revenue stream under existing framework.

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