InterDigital (IDCC) expects Q3 revenue of $60M, excluding its $375M patent sale to Intel. That...

|By:, SA News Editor

InterDigital (IDCC) expects Q3 revenue of $60M, excluding its $375M patent sale to Intel. That number is down sharply from Q2's $71.9M, and is blamed on lower per-unit royalties from certain unnamed licensees, primarily from Japan (ed: were licensing deals renegotiated at lower rates?) . Sony, which has had a licensing deal with InterDigital for years, could be one of the licensees. (PR)