Breaking Down SG&A Expenses: Taiwan Semiconductor Manufacturing Company Limited vs Texas Instruments Incorporated

TSMC vs TI: A Decade of SG&A Expense Strategies

__timestampTaiwan Semiconductor Manufacturing Company LimitedTexas Instruments Incorporated
Wednesday, January 1, 2014240208000001843000000
Thursday, January 1, 2015229219000001748000000
Friday, January 1, 2016256964000001767000000
Sunday, January 1, 2017271692000001694000000
Monday, January 1, 2018262537000001684000000
Tuesday, January 1, 2019280858000001645000000
Wednesday, January 1, 2020355704000001623000000
Friday, January 1, 2021444882000001666000000
Saturday, January 1, 2022634453000001704000000
Sunday, January 1, 2023714640000001825000000
Monday, January 1, 2024968890000001794000000
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Igniting the spark of knowledge

A Tale of Two Giants: SG&A Expenses in the Semiconductor Industry

In the ever-evolving world of semiconductors, two titans stand out: Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Texas Instruments Incorporated (TI). Over the past decade, these companies have showcased contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses.

From 2014 to 2024, TSMC's SG&A expenses have surged by over 300%, reflecting its aggressive expansion and innovation strategies. In 2023 alone, TSMC's expenses reached a staggering 9.7 billion, a testament to its commitment to maintaining its leadership in the global semiconductor market. In contrast, TI has maintained a more conservative approach, with its SG&A expenses hovering around 1.8 billion annually, indicating a focus on efficiency and steady growth.

This divergence highlights the different paths these companies have taken in response to market demands and technological advancements, offering valuable insights into their operational philosophies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025