InterDigital signs digital television and video patent licenses with Panasonic Entertainment & Communication Co., Ltd.

Company Release - 1/3/2023

WILMINGTON, Del., Jan. 03, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that the company has renewed two patent licenses with Panasonic Entertainment & Communication Co., Ltd., a Japan-based manufacturer of digital televisions.

“We are delighted to continue our longstanding business relationship with Panasonic,” commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. “These licenses, which cover our DTV and HEVC patents, were signed under our HEVC program, and under our joint digital TV licensing program which continues to deliver considerable value to InterDigital, our partner Sony, and to our licensees.”

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.

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InterDigital Contact:
Richard Lloyd
+1 (202) 349-1716

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Source: InterDigital, Inc.