InterDigital Inc (IDCC): First Time Ever Record Quarterly SmartPh...

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Friday, 10/31/2014 11:52:56 AM

Friday, October 31, 2014 11:52:56 AM

First Time Ever Record Quarterly SmartPhone Sales Tops 300 Million

The following bodes well for IDCC earnings:

The worldwide smartphone market grew 25.3% year over year in the second quarter of 2014 (2014Q2), establishing a new single quarter record of 301.3 million shipments, according to data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This is the first time ever quarterly smartphone shipments have surpassed the 300 million unit mark, representing a major milestone for the industry. Following a very strong first quarter, the market grew 5.2% sequentially, fueled by ongoing demand for mobile computing and an abundance of low-cost smartphones.
http://www.idc.com/prodserv/smartphone-market-share.jsp

And the Huawei (3rd largest smartphone maker) arbitration should be settle in the last quarter of this year or the first quarter of next.