Operational Costs Compared: SG&A Analysis of Intel Corporation and Telefonaktiebolaget LM Ericsson (publ)

A Decade of SG&A: Intel vs. Ericsson

In the ever-evolving tech industry, operational efficiency is key to maintaining a competitive edge. Over the past decade, Intel Corporation and Telefonaktiebolaget LM Ericsson (publ) have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Intel's SG&A expenses have seen a notable decline of approximately 31%, dropping from $8.1 billion to $5.6 billion. This reduction reflects Intel's strategic cost management and operational streamlining efforts.

Conversely, Ericsson's SG&A expenses have surged by nearly 39%, rising from $27.1 billion to $37.7 billion. This increase may indicate Ericsson's aggressive investment in sales and administrative capabilities to bolster its market position. The divergence in these trends highlights the distinct strategic paths these tech giants have taken in response to market demands and internal objectives. As the industry continues to evolve, monitoring these financial metrics will provide valuable insights into their future trajectories.