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

TSMC vs. ON Semiconductor: A Decade of R&D Investment

__timestampON Semiconductor CorporationTaiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201436660000056828800000
Thursday, January 1, 201539670000065544600000
Friday, January 1, 201645230000071207700000
Sunday, January 1, 201759440000080732500000
Monday, January 1, 201865070000085895600000
Tuesday, January 1, 201964090000091418700000
Wednesday, January 1, 2020642900000109486000000
Friday, January 1, 2021655000000124734800000
Saturday, January 1, 2022600200000163262200000
Sunday, January 1, 2023577300000182370000000
Monday, January 1, 2024612700000204182000000
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Unveiling the hidden dimensions of data

Innovation in Focus: A Tale of Two Semiconductor Giants

In the ever-evolving world of semiconductors, innovation is the key to staying ahead. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and ON Semiconductor Corporation have demonstrated contrasting approaches to research and development (R&D) spending. TSMC, a global leader, has consistently invested heavily in R&D, with expenditures growing from approximately $56.8 billion in 2014 to an impressive $204.2 billion in 2024. This represents a staggering 260% increase, underscoring their commitment to technological advancement.

In contrast, ON Semiconductor's R&D spending has been more modest, peaking at around $655 million in 2021. Despite this, their strategic investments have enabled them to remain competitive in niche markets. The data reveals a clear trend: TSMC's R&D spending dwarfs that of ON Semiconductor, highlighting their prioritization of innovation as a cornerstone of their business strategy.

As the semiconductor industry continues to evolve, these spending patterns offer valuable insights into the future direction of these two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025