Licences will come. I have stated here years ago that QCOM had leveraged on her chip-sets to force licensing. Now, some of those advantages have come back to bite them.
IDCC realized the problem of their business model and the exploitation of the laws from the industry. They try to produce chip-set with not much success, could not compete, remember the Infinity Gold? Hopefully 5G and dominant position in Video codecs plus sensor designed win from Hillcrest will change the game.
That is the game of investing, place your bet. We have been luckily winning with IDCC so far, so no complaint here.