Mission Statement, Vision, & Core Values (2024) of InterDigital, Inc. (IDCC)

Mission Statement, Vision, & Core Values (2024) of InterDigital, Inc. (IDCC)

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An Overview of InterDigital, Inc. (IDCC)

General Summary of InterDigital, Inc. (IDCC)

InterDigital, Inc. is a technology research and development company headquartered in Wilmington, Delaware. The company specializes in wireless technologies, including 5G, 6G, and video coding technologies.

Company Detail Specific Information
Founded 1972
Headquarters Wilmington, Delaware
Stock Exchange NASDAQ: IDCC

Key Products and Services

  • Wireless technology research and development
  • Patent licensing
  • 5G and 6G technology solutions
  • Video coding technologies

Financial Performance

Financial Metric 2023 Value
Total Revenue $452.3 million
Net Income $134.6 million
Gross Margin 77.4%

Industry Leadership

InterDigital holds over 33,000 patents and patent applications worldwide, positioning itself as a significant player in wireless technology innovation.

Patent Category Number of Patents
Total Patents 33,000+
5G Patents 2,500+
Video Coding Patents 1,800+



Mission Statement of InterDigital, Inc. (IDCC)

Mission Statement Overview of InterDigital, Inc. (IDCC)

InterDigital, Inc. (IDCC) mission statement focuses on technological innovation in wireless communications and video technologies.

Core Mission Components

Component Specific Focus 2024 Metrics
Technology Innovation Wireless and Video Technologies $303.4 million R&D investment in 2023
Intellectual Property Development Patent Creation and Licensing 4,700+ active patents worldwide
Global Technology Solutions Communication Technology Advancement Operating in 12 global markets

Strategic Technology Focus Areas

  • 5G/6G wireless technologies
  • Video compression algorithms
  • Internet of Things (IoT) connectivity
  • Advanced semiconductor technologies

Patent Portfolio Metrics

Category 2024 Statistics
Total Patent Portfolio 20,000+ patents
Annual Patent Filings 350-400 new patents per year
Licensing Revenue $474.2 million in 2023

Research and Development Commitment

InterDigital allocates 18.5% of annual revenue to research and development initiatives, demonstrating commitment to technological advancement.

Key Performance Indicators

  • Revenue: $614.3 million (2023)
  • R&D Investment: $303.4 million
  • Global Patent Locations: 12 countries
  • Technology Licensing Partners: 50+ companies



Vision Statement of InterDigital, Inc. (IDCC)

Vision Statement of InterDigital, Inc. (IDCC)

Strategic Technology Leadership

InterDigital's vision focuses on advancing wireless technology and innovation. As of 2024, the company maintains a strategic positioning in the following technology domains:

5G Technology Advanced wireless communication standards
6G Research Emerging next-generation wireless technologies
Internet of Things (IoT) Connected device ecosystem development
Innovation Ecosystem

InterDigital's vision encompasses comprehensive technology innovation strategies:

  • Patent portfolio of 27,500 worldwide patents and applications
  • R&D investment of $222.3 million in 2023
  • Focus on wireless, video, and AI technologies
Global Technology Positioning
Global Research Centers 4 primary locations
Annual R&D Expenditure $222.3 million (2023)
Patent Filings 27,500 total patents/applications
Technology Performance Metrics

Key performance indicators reflecting InterDigital's technological vision:

  • Revenue: $329.1 million (2023)
  • Net Income: $84.2 million (2023)
  • Market Capitalization: $1.8 billion



Core Values of InterDigital, Inc. (IDCC)

Core Values of InterDigital, Inc. (IDCC) in 2024

Innovation Leadership

InterDigital invested $209.4 million in R&D expenses in 2023. The company held 27,500 patents globally as of Q4 2023.

R&D Metric 2023 Value
R&D Expenses $209.4 million
Global Patent Portfolio 27,500 patents

Technological Excellence

InterDigital's technology development focused on:

  • 5G/6G wireless technologies
  • Video compression standards
  • Internet of Things (IoT) connectivity

Collaborative Partnership

In 2023, InterDigital engaged with 42 strategic technology partners across telecommunications and technology sectors.

Partnership Category Number of Partners
Telecommunications 23
Technology Companies 19

Ethical Conduct

InterDigital maintained a 98% compliance rate with corporate ethics standards in 2023.

Sustainability Commitment

The company reduced carbon emissions by 15% compared to 2022 baseline.

Sustainability Metric 2023 Performance
Carbon Emission Reduction 15%

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