Who Optimizes SG&A Costs Better? Intel Corporation or Nokia Oyj

Optimizing SG&A: A Tale of Two Giants

In the competitive world of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Intel Corporation and Nokia Oyj have taken different paths in optimizing these costs. From 2014 to 2023, Intel's SG&A expenses decreased by approximately 31%, from $8.1 billion to $5.6 billion, showcasing a strategic focus on cost efficiency. In contrast, Nokia's expenses fluctuated, peaking in 2016 at $3.8 billion before stabilizing around $2.9 billion in 2023.

Intel's Strategic Efficiency

Intel's consistent reduction in SG&A expenses reflects its commitment to streamlining operations and enhancing shareholder value. This 31% reduction over nine years highlights Intel's ability to adapt and optimize in a rapidly changing market.

Nokia's Adaptive Approach

Nokia's journey, marked by a 79% increase in SG&A expenses from 2014 to 2016, followed by a 23% reduction by 2023, indicates a strategic pivot to balance growth and cost management.