Research and Development Expenses Breakdown: Analog Devices, Inc. vs ON Semiconductor Corporation

A Decade of Innovation: R&D Spending in the Semiconductor Industry

In the ever-evolving world of semiconductors, research and development (R&D) is the lifeblood of innovation. Over the past decade, Analog Devices, Inc. and ON Semiconductor Corporation have been at the forefront of this technological race. From 2014 to 2023, Analog Devices consistently increased its R&D investment, peaking in 2022 with a 204% rise from 2014 levels. This commitment underscores their dedication to pioneering advancements in integrated circuits and signal processing.

Conversely, ON Semiconductor's R&D spending grew by approximately 58% over the same period, reflecting a more measured approach. However, data for 2024 is missing, leaving a gap in understanding their current strategy. This comparison highlights the varying strategies within the industry, where Analog Devices' aggressive investment contrasts with ON Semiconductor's steady growth. As the semiconductor landscape continues to shift, these R&D trends offer a glimpse into the future of technological innovation.