Taiwan Semiconductor Manufacturing Company Limited vs Garmin Ltd.: SG&A Expense Trends

TSMC vs Garmin: SG&A Expense Evolution Over a Decade

__timestampGarmin Ltd.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201451866500024020800000
Thursday, January 1, 201556208000022921900000
Friday, January 1, 201658770100025696400000
Sunday, January 1, 201760267000027169200000
Monday, January 1, 201863357100026253700000
Tuesday, January 1, 201968302400028085800000
Wednesday, January 1, 202072141100035570400000
Friday, January 1, 202183181500044488200000
Saturday, January 1, 202294400300063445300000
Sunday, January 1, 2023100809900071464000000
Monday, January 1, 2024110896000096889000000
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In pursuit of knowledge

SG&A Expense Trends: A Tale of Two Giants

In the ever-evolving landscape of global technology, the Selling, General, and Administrative (SG&A) expenses of industry leaders like Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Garmin Ltd. offer a fascinating glimpse into their strategic priorities. Over the past decade, TSMC's SG&A expenses have surged by approximately 198%, reflecting its aggressive expansion and innovation strategies. In contrast, Garmin Ltd. has seen a more modest increase of around 94%, indicative of its steady growth and focus on core competencies.

A Decade of Change

From 2014 to 2023, TSMC's SG&A expenses have consistently outpaced those of Garmin, highlighting its dominant position in the semiconductor industry. Notably, TSMC's expenses in 2023 were over 70 times higher than Garmin's, underscoring its scale and global reach. However, the data for 2024 is incomplete, leaving room for speculation on future trends. This comparison not only showcases the financial strategies of these tech giants but also provides insights into their market positioning and future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025