Yahoo Finance InterDigital (IDCC) Partners University of Surrey for 6G Research
InterDigital, Inc. IDCC has joined forces with the University of Surrey to boost the development of 6G technology. The long-term research partnership was made official during the 6GSymposium held at the University of Surrey.
InterDigital, a leading research organization in mobile and video technology, has an excellent track record in advancing wireless research. It has made immense contributions to the Horizon Europe 5G public-private partnership program. The company has also received funding for eight U.K. and EU-led 6G research programs to accelerate innovation and define the roadmap for 6G development.
The 6G Innovation Centre (6GIC) is a premier global research hub launched by the University of Surrey in 2020 to unlock new 6G opportunities. InterDigital will sponsor the research and innovation and offer 6GIC its expertise in unique areas such as reconfigurable intelligent surfaces (RIS) and integrated sensing and communication to pave the way for the development of cutting-edge 6G technologies.
Integrated sensing and communication is one of the critical features in 6G development. 6G networks are likely to have advanced sensing capabilities, which will allow smooth integration of sensing and communication functionalities. This is expected to have a wide range of use cases across various sectors, such as autonomous vehicles, smart cities and more.
RIS technology has the ability to enhance signal strength and improve coverage and energy efficiency of the future wireless system. It is expected to be ideal for deployment in indoor areas, streets and dense urban environments where wireless signals are likely to be weakened by solid objects along the radio path.
InterDigital aims to become a leading designer and developer of technology solutions and innovation for the mobile industry, IoT and allied technology areas by leveraging its research and development capabilities, technological know-how and rich industry experience. At the same time, it intends to enhance its licensing revenue base by adding licensees and expanding into adjacent technology areas that align with its intellectual property position.
Apart from the company’s strong portfolio of wireless technology solutions, the addition of technologies related to sensors, user interface and video to its offerings are likely to drive considerable value, considering the massive size of the market it licenses. The company is poised to gain from future growth opportunities, fueled by the 5G rollout and ground-breaking research initiatives for 6G.
The stock has gained 45.1% in the past year against the industry’s fall of 6.8%.
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InterDigital currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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