Taiwan Semiconductor Manufacturing Company Limited vs Corning Incorporated: Strategic Focus on R&D Spending

R&D Spending: TSMC vs. Corning's Strategic Divergence

__timestampCorning IncorporatedTaiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201481500000056828800000
Thursday, January 1, 201576900000065544600000
Friday, January 1, 201674200000071207700000
Sunday, January 1, 201786000000080732500000
Monday, January 1, 201899300000085895600000
Tuesday, January 1, 2019103100000091418700000
Wednesday, January 1, 20201154000000109486000000
Friday, January 1, 2021995000000124734800000
Saturday, January 1, 20221047000000163262200000
Sunday, January 1, 20231076000000182370000000
Monday, January 1, 20241089000000204182000000
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Strategic R&D Investments: A Tale of Two Giants

In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Corning Incorporated have demonstrated contrasting strategies in their R&D investments.

From 2014 to 2024, TSMC's R&D expenses surged by over 250%, reflecting its aggressive push to maintain leadership in semiconductor manufacturing. In 2023 alone, TSMC allocated approximately 182 billion USD to R&D, a staggering 17-fold increase compared to Corning's 1.08 billion USD. Meanwhile, Corning's R&D spending grew modestly by about 34% over the same period, underscoring its steady focus on glass and materials innovation.

This strategic divergence highlights TSMC's ambition to dominate the semiconductor industry, while Corning remains committed to its core competencies, ensuring both companies continue to shape the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025