Wireless research and development company InterDigital (News - Alert), Inc. has appointed Dr. Byung K. Yi as its new chief technology officer and head of InterDigital Labs.

Yi, former assistant division chief of engineering for the Federal Communications Commission, who has more than three decades of advanced wireless development experience, will be responsible for leading InterDigital's standards research, and long-term research and development activities.

Before joining the FCC, Yi was senior executive vice president at LG Electronics (News - Alert) where he was in charge of the company's North American R&D center.

He is a former member of InterDigital's Technology Advisory Committee and in the past has served on the board of directors or steering committees for numerous professional organizations such as the Telecommunication Industry Association and the Center for Wireless Communications.

"By adding Dr. Yi to our existing team, we're strengthening our commitment to technology and diversifying into the areas that we think will define our future," William Merritt, InterDigital's president and CEO, said in a statement.

Merritt also said that the addition of Yi "is a tremendous validation of the quality of research InterDigital is conducting, and speaks to the important role our company is playing in leading future technologies."

The hiring of Yi is part of two other change-ups implemented by InterDigital. The former leader of InterDigital Labs, James Nolan, will now be in charge of InterDigital Solutions, which is the company's unit focused on moving advanced technologies to commercialization through partnerships, while the former head of the unit Allen Proithis will be responsible for an effort revolving around the Internet of Things and machine-to-machine communications.

Besides these appointees, InterDigital has announced its financial results for the first quarter of this year. Among the highlights, the company reported a revenue of $57.8 million, which is a 22 percent increase compared to the first quarter in 2013.