QUALCOMM Incorporated or Cadence Design Systems, Inc.: Who Invests More in Innovation?

QUALCOMM vs. Cadence: A Decade of R&D Investment

__timestampCadence Design Systems, Inc.QUALCOMM Incorporated
Wednesday, January 1, 20146030060005477000000
Thursday, January 1, 20156375670005490000000
Friday, January 1, 20167353400005151000000
Sunday, January 1, 20178042230005485000000
Monday, January 1, 20188848160005625000000
Tuesday, January 1, 20199359380005398000000
Wednesday, January 1, 202010337320005975000000
Friday, January 1, 202111342770007176000000
Saturday, January 1, 202212515440008194000000
Sunday, January 1, 202314417960008818000000
Monday, January 1, 202415490930008893000000
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Unleashing insights

Innovation Investment: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. Over the past decade, QUALCOMM Incorporated and Cadence Design Systems, Inc. have been at the forefront of this innovation race. From 2014 to 2023, QUALCOMM consistently outpaced Cadence in research and development (R&D) spending, investing nearly 6 to 8 times more annually. In 2023, QUALCOMM's R&D expenses reached a staggering $8.8 billion, marking a 61% increase from 2014. Meanwhile, Cadence's investment grew by 139% over the same period, peaking at $1.4 billion in 2023. This data highlights QUALCOMM's aggressive strategy to maintain its competitive edge, while Cadence's steady growth underscores its commitment to innovation. As we look to the future, these investments will likely shape the technological advancements and market dynamics in the semiconductor and software industries.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025