Comparing Innovation Spending: Intel Corporation and II-VI Incorporated

A Decade of Innovation: Intel vs. II-VI Incorporated

In the ever-evolving tech landscape, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Intel Corporation and II-VI Incorporated have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Intel's R&D expenses have consistently dwarfed those of II-VI, with Intel investing nearly 90 times more on average. However, II-VI's R&D spending has shown remarkable growth, increasing by over 1,000% from 2014 to 2023. This surge highlights II-VI's aggressive push towards innovation, particularly in the fields of optics and materials. Meanwhile, Intel's steady investment underscores its strategy to maintain leadership in semiconductor technology. As the tech industry continues to advance, these spending patterns offer a glimpse into the strategic priorities of two major players, each navigating the complex landscape of technological innovation in their own unique way.