Comparing Innovation Spending: QUALCOMM Incorporated and STMicroelectronics N.V.

Innovation Spending: QUALCOMM vs. STMicroelectronics

__timestampQUALCOMM IncorporatedSTMicroelectronics N.V.
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Monday, January 1, 201856250000001127000000
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Wednesday, January 1, 202059750000001272000000
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Sunday, January 1, 202388180000002100000000
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Unleashing the power of data

Innovation Spending: A Tale of Two Giants

In the ever-evolving world of technology, innovation is the lifeblood that keeps companies at the forefront. Over the past decade, QUALCOMM Incorporated and STMicroelectronics N.V. have been pivotal players in this arena. From 2014 to 2023, QUALCOMM's research and development (R&D) expenses have surged by approximately 62%, peaking in 2023. This reflects their commitment to maintaining a competitive edge in the semiconductor industry. In contrast, STMicroelectronics has shown a steady increase, with a notable 90% rise in R&D spending over the same period, reaching its zenith in 2023. This growth underscores their strategic focus on innovation. However, data for 2024 is missing for STMicroelectronics, leaving a gap in the narrative. As these companies continue to invest in the future, their R&D spending patterns offer a glimpse into their strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025