Research and Development: Comparing Key Metrics for Micron Technology, Inc. and Trimble Inc.

R&D Spending: Micron vs. Trimble's Decade of Innovation

__timestamp	Micron Technology, Inc.	Trimble Inc.
Wednesday, January 1, 2014	1371000000	317992000
Thursday, January 1, 2015	1540000000	336700000
Friday, January 1, 2016	1617000000	349600000
Sunday, January 1, 2017	1824000000	370200000
Monday, January 1, 2018	2141000000	446100000
Tuesday, January 1, 2019	2441000000	469700000
Wednesday, January 1, 2020	2600000000	475900000
Friday, January 1, 2021	2663000000	536600000
Saturday, January 1, 2022	3116000000	542100000
Sunday, January 1, 2023	3114000000	664300000
Monday, January 1, 2024	3430000000

Igniting the spark of knowledge

The Evolution of R&D Investments: Micron Technology vs. Trimble Inc.

In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Micron Technology, Inc. and Trimble Inc. have demonstrated contrasting R&D strategies. From 2014 to 2023, Micron Technology's R&D expenses surged by approximately 150%, reflecting its commitment to advancing memory and storage solutions. In contrast, Trimble Inc., a leader in GPS technology, saw a more modest increase of around 110% in the same period. Notably, Micron's R&D spending in 2023 was nearly five times that of Trimble's, highlighting its aggressive push in a competitive market. However, data for 2024 is incomplete, suggesting ongoing developments. This comparison underscores the diverse approaches companies take in allocating resources to R&D, shaping their future trajectories in the tech industry.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025