| __timestamp | Garmin Ltd. | QUALCOMM Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 395121000 | 5477000000 |
| Thursday, January 1, 2015 | 427043000 | 5490000000 |
| Friday, January 1, 2016 | 467960000 | 5151000000 |
| Sunday, January 1, 2017 | 511634000 | 5485000000 |
| Monday, January 1, 2018 | 567805000 | 5625000000 |
| Tuesday, January 1, 2019 | 605366000 | 5398000000 |
| Wednesday, January 1, 2020 | 705685000 | 5975000000 |
| Friday, January 1, 2021 | 840024000 | 7176000000 |
| Saturday, January 1, 2022 | 834927000 | 8194000000 |
| Sunday, January 1, 2023 | 904696000 | 8818000000 |
| Monday, January 1, 2024 | 993601000 | 8893000000 |
Unleashing insights
In the ever-evolving landscape of technology, research and development (R&D) play a pivotal role in driving innovation and maintaining competitive advantage. Over the past decade, QUALCOMM Incorporated and Garmin Ltd. have demonstrated contrasting strategies in their R&D investments.
From 2014 to 2023, QUALCOMM consistently allocated a significant portion of its resources to R&D, with expenditures peaking in 2023 at nearly 9 billion dollars. This represents a robust 60% increase from its 2014 spending. In contrast, Garmin's R&D budget grew by approximately 130% over the same period, reaching just over 900 million dollars in 2023.
While QUALCOMM's R&D spending dwarfs Garmin's, the latter's rapid growth in investment underscores its commitment to innovation. As we look to the future, these investments will likely shape the technological advancements and market positions of these industry leaders.
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