Selling, General, and Administrative Costs: Marvell Technology, Inc. vs ON Semiconductor Corporation

A Comparative Analysis of SG&A Expenses: Marvell Technology vs. ON Semiconductor

In the ever-evolving semiconductor industry, understanding the financial dynamics of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Marvell Technology, Inc. and ON Semiconductor Corporation from 2014 to 2023.

Marvell Technology has seen a significant rise in SG&A expenses, peaking in 2022 with a 300% increase from 2014. This surge reflects strategic investments in innovation and market expansion. In contrast, ON Semiconductor's SG&A expenses have grown steadily, with a notable 68% increase over the same period, indicating a more conservative growth strategy.

Interestingly, Marvell's expenses in 2023 slightly decreased by 12% from the previous year, suggesting a shift towards cost optimization. Meanwhile, ON Semiconductor maintained a consistent upward trend, reaching its highest in 2023. This data provides a fascinating glimpse into the financial strategies of these semiconductor giants.