Research and Development: Comparing Key Metrics for Taiwan Semiconductor Manufacturing Company Limited and Accenture plc

R&D Spending: TSMC vs. Accenture

__timestampAccenture plcTaiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201463951300056828800000
Thursday, January 1, 201562554100065544600000
Friday, January 1, 201664340700071207700000
Sunday, January 1, 201770431700080732500000
Monday, January 1, 201879077900085895600000
Tuesday, January 1, 201979973400091418700000
Wednesday, January 1, 2020870611000109486000000
Friday, January 1, 20211118320000124734800000
Saturday, January 1, 20221123296000163262200000
Sunday, January 1, 20231298657000182370000000
Monday, January 1, 20241150430000204182000000
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Unlocking the unknown

A Tale of Two Innovators: R&D Spending Trends

In the ever-evolving landscape of technology and consulting, Research and Development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Accenture plc have demonstrated contrasting yet fascinating R&D investment strategies.

From 2014 to 2024, TSMC's R&D expenses surged by over 250%, reflecting its pivotal role in the semiconductor industry. In contrast, Accenture's R&D spending grew by approximately 80%, underscoring its focus on digital transformation and consulting services. By 2023, TSMC's R&D expenses were nearly 100 times greater than Accenture's, highlighting the scale of investment required in semiconductor manufacturing compared to consulting.

These trends not only showcase the differing priorities of these industry giants but also emphasize the importance of R&D in maintaining competitive advantage in their respective fields.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025