WILMINGTON, DE — InterDigital, Inc. (Nasdaq: IDCC) announced two key licensing agreements that extend the reach of its intellectual property portfolio — a renewed patent license with Sharp and a new deal with an electric vehicle (EV) charging manufacturer.
The agreement with Sharp covers InterDigital’s suite of wireless and video standards technologies, including 4G, 5G, Wi-Fi, and HEVC, ensuring continued access to foundational innovations in mobile connectivity and multimedia. The newly signed deal with an EV charging manufacturer marks InterDigital’s entry into the fast-growing electric vehicle infrastructure market, covering both residential and commercial charging systems.
“This renewal, as well as our first agreement with an EV charging manufacturer, demonstrates the value of our innovation in both the smartphone and IoT markets,” said Julia Mattis, Chief Licensing Officer at InterDigital. “With around 85% of the smartphone market under license, we remain on course to hit our goal of $500 million in annualized recurring revenue in our smartphone program by 2027, and with our first agreement in the EV charging space, we are continuing our momentum in the CE, IoT/Auto licensing program.”
The dual agreements highlight InterDigital’s strategy to leverage its research and development in wireless and video standards across emerging sectors, including Internet of Things (IoT), consumer electronics, and automotive technology.
InterDigital, which develops and licenses advanced technologies for wireless communications, visual processing, and IoT, has steadily expanded its licensing footprint through long-term agreements with major device manufacturers. The company’s move into the EV ecosystem reflects growing demand for connected infrastructure and smart charging solutions that rely on reliable data transmission and secure communication protocols.
By renewing its relationship with Sharp and entering a new industry vertical, InterDigital continues to strengthen its recurring revenue base and broaden its influence across global technology markets.
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