QUALCOMM Incorporated or Fortive Corporation: Who Invests More in Innovation?

QUALCOMM vs. Fortive: Innovation Investment Showdown

__timestampFortive CorporationQUALCOMM Incorporated
Wednesday, January 1, 20143876000005477000000
Thursday, January 1, 20153777000005490000000
Friday, January 1, 20163848000005151000000
Sunday, January 1, 20174060000005485000000
Monday, January 1, 20184143000005625000000
Tuesday, January 1, 20194567000005398000000
Wednesday, January 1, 20203207000005975000000
Friday, January 1, 20213548000007176000000
Saturday, January 1, 20224015000008194000000
Sunday, January 1, 20233978000008818000000
Monday, January 1, 20244140000008893000000
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Infusing magic into the data realm

Innovation Investment: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. Two industry titans, QUALCOMM Incorporated and Fortive Corporation, have been at the forefront of this race. Over the past decade, QUALCOMM has consistently outpaced Fortive in research and development (R&D) spending. From 2014 to 2023, QUALCOMM's R&D expenses surged by over 60%, peaking at nearly $8.9 billion in 2023. In contrast, Fortive's investment remained relatively stable, with a modest increase of around 3% over the same period.

This disparity highlights QUALCOMM's aggressive push towards innovation, particularly in the fields of wireless technology and semiconductors. Meanwhile, Fortive's steady approach reflects its focus on industrial technology and diversified markets. As we look to the future, the question remains: will Fortive ramp up its innovation efforts to compete with QUALCOMM's relentless drive?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025