| __timestamp | Micron Technology, Inc. | Telefonaktiebolaget LM Ericsson (publ) |
|---|---|---|
| Wednesday, January 1, 2014 | 1371000000 | 36308000000 |
| Thursday, January 1, 2015 | 1540000000 | 34844000000 |
| Friday, January 1, 2016 | 1617000000 | 31635000000 |
| Sunday, January 1, 2017 | 1824000000 | 37887000000 |
| Monday, January 1, 2018 | 2141000000 | 38909000000 |
| Tuesday, January 1, 2019 | 2441000000 | 38815000000 |
| Wednesday, January 1, 2020 | 2600000000 | 39714000000 |
| Friday, January 1, 2021 | 2663000000 | 42074000000 |
| Saturday, January 1, 2022 | 3116000000 | 47298000000 |
| Sunday, January 1, 2023 | 3114000000 | 51801000000 |
| Monday, January 1, 2024 | 3430000000 |
Unleashing insights
In the ever-evolving tech landscape, research and development (R&D) spending is a key indicator of innovation and future growth. Over the past decade, Micron Technology, Inc. and Telefonaktiebolaget LM Ericsson have been at the forefront of this race. From 2014 to 2023, Ericsson consistently outspent Micron, with its R&D expenses peaking at approximately $51.8 billion in 2023, a staggering 66% increase from 2014. In contrast, Micron's R&D investment grew by 150%, reaching around $3.43 billion in 2024. This disparity highlights Ericsson's aggressive push in telecommunications, while Micron focuses on memory and storage solutions. Notably, data for Ericsson in 2024 is missing, leaving room for speculation on its future strategy. As these giants continue to innovate, their R&D investments will likely shape the tech industry's trajectory in the coming years.
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