KING OF PRUSSIA, Pa., Jun 23, 2010-- InterDigital, Inc. (NASDAQ: IDCC) today announced that its patent holding subsidiaries have expanded their worldwide, non-transferable, non-exclusive, royalty-bearing patent license agreement with Inventec Appliances Corp. ("IAC") to include IAC's Chinese subsidiary, Inventec Appliances (Jiangning) Corporation. The expanded agreement covers the sale of certain wireless products, including products designed to operate in accordance with 2G and 3G cellular standards and products sold in China.
"The expansion of this agreement with IAC, originally signed in 2006, along with the recently announced agreement with CapiSemi, reflect our continuing efforts in the rapidly expanding market in China," commented William J. Merritt, InterDigital's President and Chief Executive Officer. "The Chinese mobile market presents an excellent opportunity for InterDigital to engage in new productive and multifaceted business relationships."
Inventec Appliances (Jiangning) Corporation ("IACJ") was incorporated in Nanjing, China in 2004. IACJ is a leading mobile phone provider specializing in design, development and manufacture of mobile phones with various wireless communication technologies from 2G to 3G.
InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. As a long-standing contributor to the evolution of the wireless industry, we solve many of the industry's most critical and complex technical challenges years ahead of market deployment. Our advanced solutions support more efficient wireless networks, a richer multimedia experience, and new mobile broadband capabilities. Accordingly, we have established licenses and partnerships with many of the world's leading wireless companies. For more information, visit: www.interdigital.com