InterDigital: A Hidden Source Providing An Asymmetric Reward Potential In A 5G And Video Tech Company
Published in Seeking Alpha
IDCC provides exposure to the fast growing 5G and large consumer video electronics markets.
It is projected to double revenues from $340 million to $700 million over next five years while maintaining relatively stable costs.
IDCC has Apple and Samsung as its licensing customers and has recently added Huawei. These 3 players together represent 40% of the global 3G and 4G handset shipments and 50% of the global smartphone shipments. Huawei revenues will start clocking in from Q2, 2020.