In a regulatory filing, InterDigital (IDCC) disclosed that on July 11 the company received a cash payment in the amount of $184.9M related to its UK High Court case against Lenovo (LNVGY) equal to the amount the court ordered Lenovo to pay for a license through 2023. “At this time the company expects to defer recognizing any additional catch-up revenue until the appeal process progresses,” the filing stated.
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