A patent win may boost multimedia phone supplier InterDigital-WSJ
InterDigital (IDCC) licenses its patents to companies such as Apple (AAPL) and BlackBerry maker Research In Motion (RIMM), and holds sway over wireless technology that it says is essential for high-speed-data phones that allows users to watch videos and use the Internet.
From April through November of 2008, the U.S. International Trade Commission is expected to issue a number of opinions and rulings on whether Nokia (NOK) and Samsung have infringed on their patents, according to the Wall Street Journal's "Heard on the Street".
If InterDigital is successful, and the two have to sign licensing deals, InterDigital could quickly see their revenues take off.
"People want to be able to watch videos and do teleconferencing from their cellphones and [Samsung and Nokia] would only be putting themselves at a disadvantage if they didn't ultimately settle," says Chris Colarik at Glenmede, which holds shares in InterDigital.
Multimedia phones are now the fastest-growing part of the $150B cellphone market. About 10% of the 1.1B cellphones sold in 2006 were 3G, the technology that runs multimedia or "smart phones." The market may double to 240M units in 2008, according to Strategy Analytics, a research firm.