Marvell Technology, Inc. or ON Semiconductor Corporation: Who Invests More in Innovation?

Marvell vs. ON Semiconductor: R&D Investment Showdown

__timestampMarvell Technology, Inc.ON Semiconductor Corporation
Wednesday, January 1, 20141156885000366600000
Thursday, January 1, 20151164059000396700000
Friday, January 1, 20161101446000452300000
Sunday, January 1, 2017880050000594400000
Monday, January 1, 2018714444000650700000
Tuesday, January 1, 2019914009000640900000
Wednesday, January 1, 20201080391000642900000
Friday, January 1, 20211072740000655000000
Saturday, January 1, 20221424306000600200000
Sunday, January 1, 20231784300000577300000
Monday, January 1, 20241896200000612700000
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Innovation Investment: A Tale of Two Tech Giants

In the ever-evolving world of technology, innovation is the lifeblood that keeps companies at the forefront. Marvell Technology, Inc. and ON Semiconductor Corporation are two such giants, each with a unique approach to investing in research and development (R&D). Over the past decade, Marvell has consistently outpaced ON Semiconductor in R&D spending, with a notable 60% higher investment on average. In 2023, Marvell's R&D expenses surged to nearly double that of ON Semiconductor, highlighting its commitment to innovation. However, ON Semiconductor has shown steady growth, increasing its R&D investment by over 50% since 2014. This strategic focus on innovation positions both companies to tackle future challenges and seize new opportunities in the tech landscape. As we look to the future, the question remains: will ON Semiconductor close the gap, or will Marvell continue to lead the charge?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025