InterDigital Signs Up New Licensees
A host of new handsets are hitting the market: Samsung wants wireless consumers to express their personal style; NEC goes thin with a new fold-type device; and Nokia is once again going after emerging markets.
The patent license agreements with Arima Communications and Quanta Computer cover 2G and 3G related products, InterDigital says. The agreements with these companies are non-exclusive.
The company also recently sealed a licensing agreement with Kyocera covering CDMA2000 terminal units.
As a result of its new licensees, InterDigital is increasing its revenue guidance for the third quarter. The company now expects revenue related to patent license royalties and technology solution sales to come in between 447.5 million and $59.5 million. Last month, InterDigital estimated third-quarter 2005 revenue from licensees and technology agreements would be in the $34.5 million to $36 million range.
InterDigital also is entangled in legal battles over patents. The company is fighting with Nokia over royalties for its 2.5G and 3G technologies and its subsidiary Tantivy Communications has patent litigation pending with Lucent Technologies.