InterDigital Touts Deal with ZTE as Important Expansion into China

November 2, 2019

InterDigital, Inc.’s (IDCC’s) third quarter earnings call on October 31 provided an update on the company’s efforts to gain a greater foothold in China—for which its recent deal with ZTE bodes well, according to CEO William Merritt (who added that the deal with ZTE, which will reportedly resolve all pending legal proceedings between the two companies, “also sets a solid foreign benchmark for current and future litigations”). IDCC’s executives also lauded the company’s entry into a license agreement with Google, inked through “a patent licensing platform that involved a number of licensors”.

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