InterDigital Inc (IDCC)

[Mooseo1]

The recent reduction in employees


might be just the start of further cut backs to possibly include financial cuts to programs. Away to bring IDCC back into cash flow positive territory. It may have nothing to do with new revenues or a combination of both. Seems to me management has left these options open in their PR statement.


Our strategic focus has always been centered on the creation and monetization of highly valuable technology and intellectual property (IPR) that drives innovation in the wireless industry. To strengthen that focus and ensure that we are increasingly efficient as a developer of fundamental wireless technology, we are making operational adjustments to our workforce and increasing the relative mix of people dedicated to IPR-rich technology development. We are also reducing our internal investment in the development of technology elements that have little or no opportunity to differentiate us through the incorporation of inventive content," said Howard Goldberg, President and Chief Executive Officer

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