Taiwan Semiconductor Manufacturing Company Limited and STMicroelectronics N.V.: SG&A Spending Patterns Compared

TSMC vs. STM: A Decade of SG&A Spending Trends

__timestampSTMicroelectronics N.V.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201494000000024020800000
Thursday, January 1, 201589100000022921900000
Friday, January 1, 201693300000025696400000
Sunday, January 1, 2017100100000027169200000
Monday, January 1, 2018110900000026253700000
Tuesday, January 1, 2019109300000028085800000
Wednesday, January 1, 2020112300000035570400000
Friday, January 1, 2021131900000044488200000
Saturday, January 1, 2022142800000063445300000
Sunday, January 1, 2023165000000071464000000
Monday, January 1, 202496889000000
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Cracking the code

SG&A Spending Patterns: A Tale of Two Giants

In the ever-evolving semiconductor industry, understanding the financial strategies of leading companies is crucial. Taiwan Semiconductor Manufacturing Company Limited (TSMC) and STMicroelectronics N.V. (STM) have shown distinct patterns in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, TSMC's SG&A expenses surged by approximately 198%, reflecting its aggressive expansion and market dominance. In contrast, STM's expenses grew by about 75%, indicating a more conservative approach.

A Decade of Growth

TSMC's SG&A expenses consistently outpaced STM's, with 2023 figures showing TSMC spending over 43 times more than STM. This disparity highlights TSMC's commitment to scaling operations and innovation. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As these giants continue to shape the semiconductor landscape, their financial strategies offer valuable insights into their competitive positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025