Interdigital, Inc. · NASDAQ:IDCC
Interdigital — Oppenheimer 24th Annual Technology, Internet, and Communications Virtual Investor Conferen (August 2021)
16 slides from Interdigital's conference presentation, Aug 10, 2021
Slide 1: InterDigital Investor Presentation
InterDigital Investor Presentation Oppenheimer 24th Annual Technology, Internet, and Communications Virtual Investor Conference August 10, 2021 1 © 2021 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, our belie
Slide 3: A Leading Pure Research and Licensing Company
A Leading Pure Research and Licensing Company With four 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 ~60% of our +20% of our ~80 licensees,
Slide 4: Why InterDigital
Why InterDigital We Invent the Technologies that Make Life Boundless Our Strength: Over four decades of pioneering wireless and visual technologies innovation Our Business Model: Bring core technology to the market through licensing of IP essential to the global standards and other commercially valu
Slide 5: The Path to Horizontal
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 © 2021 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 12 ~800M >6B New licenses since Projected licensed Licensed devices in start of 2020 devices in 2021 the past 10 years Including Xiaomi, Huawei, One of the largest licensing Including long term Sharp, Fairphone, Humax – program in the world customers more than half included licens
Slide 8: Smartphone Global Manufacturers Market
Smartphone Global Manufacturers Market 1400 1200 1000 2021 Forecast Units (‘000) 800 Other Huawei 600 Xiaomi Other 400 Apple Motorola Vivo 200 Samsung Oppo 0 Under Contract 2021 Unlicensed TAM Source: Counterpoint 8 © 2021 InterDigital, Inc. All Rights Reserved.
Slide 9: Growth Drivers that Build Logically Over Several Years
Growth Drivers that Build Logically Over Several Years 5G + VIDEO CONSUMER ELECTRONICS Cumulative 5G + IoT Revenue Platform Increasing 5G Opportunity adoption drive Projected core of ~$650M smartphone recurring revenue Upside Opportunity: recurring opportunity 5G enable new use annual revenue cases,
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 This year, InterDigital’s AdvantEDGE platform was awarded Best Innovation in Emerging Technology at the Small Cells Forum Awards – 10
Slide 12: A Patent Portfolio that Combines Depth and Breadth
A Patent Portfolio that Combines Depth and Breadth The InterDigital portfolio brings together ~28,000 patent assets that show enormous strength in key wireless and video technologies but also broad diversity across a range of technology areas Wireless Video Product Features & Applications Broadcast
Slide 13: Future Technology Leadership
Future Technology Leadership SYNTHETIC CONTENT WIRELESS VIRTUAL / EDGE WIRELESS COMPUTING AI AI VISUAL QUANTUM COMPUTING 13 © 2021 InterDigital, Inc. All Rights Reserved.
Slide 14: Capital Allocation
Capital Allocation A strong balance sheet shows staying power Show Strength in negotiations Essential to keep pace with fast-moving More than $600M Ensure R&D Progress industry returned to Stock buyback • Approximately $400M in share repurchases over shareholders since Return Cash to the period Shar
Slide 15: 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 2020, we launched a comprehensive ESG effort that bolstered our disclosures, launched a sustainability website and collaborative research effort, and published our first sustai
Slide 16: We invent the technologies that make life boundless
We invent the technologies that make life boundless. 16 © 2021 InterDigital, Inc. All Rights Reserved.