InterDigital (IDCC) announced that it has been awarded an additional $46.2M in its UK High Court case against Lenovo (LNVGY), increasing the total that must be paid to InterDigital to $184.9M. The Court agreed with InterDigital that Lenovo should pay interest on the original sum of $138.7M that it was determined Lenovo must pay, in an earlier decision this year, for a license to InterDigital’s portfolio of 3G, 4G and 5G patents. In addition, the UK’s High Court has granted both parties permission to appeal certain aspects of the judgment.
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Read More on IDCC:
- UK court issues interest award to InterDigital, increasing Lenovo’s payment obligation to $184.9 million
- InterDigital, University of Surrey 6G Innovation Centre enter research pact
- InterDigital and the University of Surrey Formalize 6G Research Partnership
- InterDigital management to meet virtually with Roth MKM
- InterDigital Declares Regular Quarterly Cash Dividend
