InterDigital Extends Sharp's Patent License Agreement

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  • InterDigital Inc’s IDCC patent holding subsidiaries have renewed their global multi-year non-exclusive royalty-bearing patent license agreement with Sharp Corporation SHCAY.
  • The agreement, which was slated to expire in 2021, will continue to encompass Sharp’s 3G and 4G mobile product sales.
  • Sharp has been a constant licensee of InterDigital since 1998.
  • Price action: IDCC shares closed higher by 0.29% at $73.65 on Monday.
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