| __timestamp | International Business Machines Corporation | ON Semiconductor Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 5437000000 | 366600000 |
| Thursday, January 1, 2015 | 5247000000 | 396700000 |
| Friday, January 1, 2016 | 5726000000 | 452300000 |
| Sunday, January 1, 2017 | 5590000000 | 594400000 |
| Monday, January 1, 2018 | 5379000000 | 650700000 |
| Tuesday, January 1, 2019 | 5910000000 | 640900000 |
| Wednesday, January 1, 2020 | 6262000000 | 642900000 |
| Friday, January 1, 2021 | 6488000000 | 655000000 |
| Saturday, January 1, 2022 | 6567000000 | 600200000 |
| Sunday, January 1, 2023 | 6775000000 | 577300000 |
| Monday, January 1, 2024 | 0 | 612700000 |
In pursuit of knowledge
In the ever-evolving landscape of technology, research and development (R&D) is the lifeblood of innovation. Over the past decade, International Business Machines Corporation (IBM) and ON Semiconductor Corporation have demonstrated contrasting approaches to R&D investment. IBM, a stalwart in the tech industry, has consistently allocated substantial resources to R&D, with expenditures peaking at approximately $6.8 billion in 2023. This represents a steady increase of around 25% from 2014. In contrast, ON Semiconductor, a key player in the semiconductor sector, has shown a more modest growth in R&D spending, reaching about $655 million in 2021, a significant 79% increase from 2014. While IBM's R&D budget dwarfs that of ON Semiconductor, the latter's rapid growth in investment underscores its commitment to innovation. Notably, data for 2024 is missing, leaving room for speculation on future trends.
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