Who Prioritizes Innovation? R&D Spending Compared for Taiwan Semiconductor Manufacturing Company Limited and Nokia Oyj

TSMC vs. Nokia: A Decade of R&D Investment

__timestampNokia OyjTaiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 2014249300000056828800000
Thursday, January 1, 2015212600000065544600000
Friday, January 1, 2016490400000071207700000
Sunday, January 1, 2017491600000080732500000
Monday, January 1, 2018462000000085895600000
Tuesday, January 1, 2019441100000091418700000
Wednesday, January 1, 20204087000000109486000000
Friday, January 1, 20214214000000124734800000
Saturday, January 1, 20224550000000163262200000
Sunday, January 1, 20234327000000182370000000
Monday, January 1, 2024204182000000
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Unleashing insights

Innovation in Focus: A Comparative Analysis of R&D Spending

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 Nokia Oyj have demonstrated contrasting approaches to R&D investment.

From 2014 to 2023, TSMC's R&D expenses surged by over 220%, reflecting its strategic focus on maintaining a competitive edge in semiconductor manufacturing. In 2023 alone, TSMC allocated nearly 182 billion USD to R&D, underscoring its role as a global leader in the industry. In contrast, Nokia's R&D spending remained relatively stable, with a modest increase of around 73% over the same period.

This disparity highlights TSMC's aggressive pursuit of technological advancement, while Nokia's steady investment suggests a more conservative approach. As we look to the future, these trends offer valuable insights into each company's innovation priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025