| __timestamp | Microchip Technology Incorporated | Nokia Oyj |
|---|---|---|
| Wednesday, January 1, 2014 | 267278000 | 1634000000 |
| Thursday, January 1, 2015 | 274815000 | 1651000000 |
| Friday, January 1, 2016 | 301670000 | 3819000000 |
| Sunday, January 1, 2017 | 499811000 | 3615000000 |
| Monday, January 1, 2018 | 452100000 | 3463000000 |
| Tuesday, January 1, 2019 | 682900000 | 3101000000 |
| Wednesday, January 1, 2020 | 676600000 | 2898000000 |
| Friday, January 1, 2021 | 610300000 | 2792000000 |
| Saturday, January 1, 2022 | 718900000 | 3013000000 |
| Sunday, January 1, 2023 | 797700000 | 2929000000 |
| Monday, January 1, 2024 | 734200000 |
Unleashing insights
In the ever-evolving tech industry, understanding the financial strategies of leading companies is crucial. Over the past decade, Microchip Technology Incorporated and Nokia Oyj have demonstrated distinct approaches to their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Microchip Technology's SG&A expenses surged by nearly 200%, reflecting a strategic investment in growth and market expansion. In contrast, Nokia's SG&A expenses peaked in 2016, with a notable 57% increase from 2014, before stabilizing and slightly declining in recent years.
This divergence highlights the contrasting business models: Microchip's aggressive expansion versus Nokia's focus on efficiency and consolidation. The data for 2024 is incomplete, indicating potential shifts in strategy. As these tech giants navigate the future, their SG&A spending will continue to be a key indicator of their strategic priorities and market positioning.
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