Comparing Innovation Spending: Taiwan Semiconductor Manufacturing Company Limited and TE Connectivity Ltd.

TSMC vs. TE Connectivity: A Decade of R&D Investment

__timestampTE Connectivity Ltd.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201467500000056828800000
Thursday, January 1, 201562700000065544600000
Friday, January 1, 201664400000071207700000
Sunday, January 1, 201765800000080732500000
Monday, January 1, 201868000000085895600000
Tuesday, January 1, 201964400000091418700000
Wednesday, January 1, 2020613000000109486000000
Friday, January 1, 2021677000000124734800000
Saturday, January 1, 2022718000000163262200000
Sunday, January 1, 2023708000000182370000000
Monday, January 1, 2024741000000204182000000
Loading chart...

Unlocking the unknown

Innovation Spending: A Tale of Two Giants

In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and TE Connectivity Ltd. have demonstrated contrasting approaches to R&D investment.

From 2014 to 2024, TSMC's R&D expenses surged by over 250%, reflecting its aggressive push to maintain leadership in semiconductor manufacturing. In 2023 alone, TSMC invested approximately 182 billion USD, a testament to its strategic focus on cutting-edge technology. In contrast, TE Connectivity's R&D spending remained relatively stable, with a modest increase of around 10% over the same period, reaching approximately 741 million USD in 2024.

This disparity highlights TSMC's prioritization of innovation to drive growth, while TE Connectivity maintains a steady course, focusing on incremental advancements in connectivity solutions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025