Interdigital, Inc. · NASDAQ:IDCC
Interdigital — 24th Annual Needham Virtual Growth Conference (January 2022)
15 slides from Interdigital's conference presentation, Jan 13, 2022
Slide 1: InterDigital Investor Presentation
InterDigital Investor Presentation Needham Growth Conference January 13, 2022 1 © 2022 InterDigital, Inc. All Rights Reserved.
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding our current beliefs, plans and expectations, including, without limitation, as to proje
Slide 3: A Leading Pure Research and Licensing Company
A Leading Pure Research and Licensing Company With five decades of groundbreaking innovation in key wireless technologies and a dramatic expansion into visual technology and AI over the past few years, InterDigital is a recognized research and licensing leader ~1/2 of our +20% of our ~80 licensees,
Slide 4: Why InterDigital
Why InterDigital We Invent the Technologies that Make Life Boundless Our Strength: Five decades of pioneering wireless and visual technologies innovation Our Business Model: Develop and share core technology through the global standard process and license related IP to the companies that use it Our
Slide 5: The Path to Horizontal Standards
Standards Standards innovation improves all device and service The markets Path to "Sell” to engineers and research peers, not companies Horizontal Influence Success based on research, not commercial clout Standards reward long-term commitment 5 © 2022 InterDigital, Inc. All Rights Reserved.
Slide 6: A History of Long-Term & New Customers
A History of Long-Term & New Customers • Amongst our ~80 customers, some have been under license for 20+ years, i.e. Panasonic, NEC, Kyocera and Sharp • Apple and Samsung have been licensed since before they started shipping iPhones and Galaxies • More recent successes with China-based vendors Shipm
Slide 7: Licensing Momentum
Licensing Momentum 13 ~800M >6B New licenses in ‘21, Projected licensed Licensed devices in more than double ‘20 devices in 2021 the past 10 years Includes Xiaomi, Sony, One of the largest licensing Including long term Vizio, Sharp; programs in the world customers Three quarters of '21 licenses incl
Slide 8: Smartphone Global Manufacturers Market
Smartphone Global Manufacturers Market 1400 TAM Other 1200 Lenovo Vivo 1000 2021 Forecast Units (‘000) Oppo 800 Other Huawei 600 Xiaomi 400 Apple 200 Samsung 0 Under Contract 2021 Unlicensed Source: Counterpoint 8 © 2022 InterDigital, Inc. All Rights Reserved.
Slide 9: Growth Drivers that Build Logically Over Several Years
Growth Drivers that Build Logically Over Several Years SMARTPHONES CONSUMER ELECTRONICS Cumulative NEW USE CASES Revenue Platform Increasing 5G Opportunity adoption drive Recurring core of ~$650M smartphone revenue opportunity Upside Opportunity: recurring $150M 5G enable new use annual revenue case
Slide 10: 5G: The Power of Continuity
5G: The Power of Continuity • The 5G standard comprises a mix of new InterDigital ranks among 5G-specific technologies and 3G/4G the industry leaders for technologies that remain necessary for 5G operation ETSI-disclosed patents • Only 2 releases of the 5G standard have and applications as been fina
Slide 11: Research & Innovation: Driving Leadership
Research & Innovation: Driving Leadership 70+ leadership positions in various standard bodies, including key positions in 3GPP, ETSI, ITU, IEEE and MPEG among others In 2021, InterDigital’s AdvantEDGE platform was awarded Best Innovation in Emerging Technology at the Small Cells Forum Awards – 10 aw
Slide 12: A Patent Portfolio that Combines Depth and Breadth
A Patent Portfolio that Combines Depth and Breadth The InterDigital portfolio brings together Nearly 28,000 patent assets that show enormous strength in key wireless and video technologies but also broad diversity across a range of technology areas Data as of 31-Dec-2021 12 © 2022 InterDigital, Inc.
Slide 13: Capital Allocation
Capital Allocation A strong balance sheet shows staying power Show Strength in negotiations Essential to keep pace with fast-moving Nearly $650M Ensure R&D Progress industry returned to Stock buyback • Approximately $400M in share repurchases since shareholders since Return Cash to the beginning of
Slide 14: IMPACT: Leading by Example with ESG
IMPACT: Leading by Example with ESG InterDigital understands the role our company must play in driving a better society. In 2021, we launched a sustainability website and collaborative research effort, and published our first sustainability report. We are committed to pursuing sustainability as a wa
Slide 15: We invent the technologies that make life boundless
We invent the technologies that make life boundless. 15 © 2022 InterDigital, Inc. All Rights Reserved.
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