InterDigital is a global research and development company that designs and develops foundational technologies in wireless communications, video processing, and artificial intelligence, then licenses these innovations to manufacturers of smartphones, consumer electronics, internet-of-things devices, vehicles, and cloud-based services worldwide. The company derives nearly all of its revenue through patent licensing agreements, which may be structured as fixed fees, variable royalties tied to product sales, dynamic portfolio access fees, or hybrid combinations thereof, with additional revenue from litigation settlements and catch-up fees for prior technology use. Its customer base comprises large multinational telecommunications equipment manufacturers and consumer electronics companies, with significant geographic concentration in Asia and substantial markets in North America.