SG&A Expenses: A Tale of Two Tech Giants

In the ever-evolving landscape of the semiconductor industry, understanding the financial strategies of leading companies is crucial. Over the past decade, QUALCOMM Incorporated and ON Semiconductor Corporation have demonstrated distinct trends in their Selling, General, and Administrative (SG&A) expenses.

QUALCOMM's Consistent Investment

From 2014 to 2023, QUALCOMM's SG&A expenses have shown a steady increase, peaking in 2018 with a 30% rise from 2014. This reflects their commitment to maintaining a robust administrative framework and marketing strategy, crucial for sustaining their market leadership.

ON Semiconductor's Strategic Growth

ON Semiconductor, on the other hand, has seen a more dynamic trajectory. Their SG&A expenses surged by approximately 68% from 2014 to 2023, indicating aggressive expansion and strategic investments in operational capabilities.

These insights highlight the contrasting approaches of these tech giants in navigating the competitive semiconductor market.