In this article, we’ll be covering the 5 largest R&D companies in the world. For an in-depth analysis of R&D Companies, click 20 Largest R&D Companies in the World.
5. Samsung Electronics Co Ltd (OTCMKTS:SSNLF)
R&D spending in FY2022: $18.174 billion
Samsung Electronics is a South Korean multinational conglomerate that produces various products and services, such as smartphones, TVs, semiconductors, displays, home appliances, and network equipment. The company invested $13.4 billion in R&D in the first three quarters of 2022, which was a record high and a 14% increase from the same period in 2021. Its R&D expense for the fourth quarter of 2022 was $4.774 billion, which brings its total R&D spending for 2022 to $18.174 billion, representing 6.9% of its total revenue in 2022, up from 6.5% in 2021.
4. Microsoft Corporation (NASDAQ:MSFT)
R&D spending in FY2022: $22.7 billion
Microsoft Corp. is an American multinational technology company that was founded in 1975. It develops and sells various software, hardware, cloud services, and devices, such as Windows, Microsoft Office, Azure, Xbox, Surface, and others. It also has interests in artificial intelligence, gaming, social media, search engines, and other domains. Microsoft spent about $22.7 billion on R&D in 2022, which was an increase of 15% from 2021.
3. Huawei Technologies Co., Ltd.
R&D spending in FY2022: $23.2 billion
Huawei is a Chinese multinational technology company that provides ICT infrastructure, consumer devices, cloud computing, digital power, and intelligent automotive solutions. The company invested CNY161.5 billion (about $23.2 billion) in R&D in 2022, which represents 25.1% of its total revenue. This is among the highest R&D spending in Huawei’s history and reflects its commitment to innovation and sustainable survival. Huawei’s R&D expenditure over the past 10 years has exceeded CNY977.3 billion (about $140.6 billion).
2. Apple, Inc. (NASDAQ:AAPL)
R&D spending in FY2022: $26.251 billion
Apple’s annual R&D expenses for 2022 were $26.251 billion, a 19.79% increase from 2021. The research and development expenses for the quarter ending December 31, 2022 were $7.709 billion, a 22.25% increase year-over-year. The company’s R&D expenses represented 6.67% of its total revenue in 2022, up from 5.95% in 2021. It reflects its commitment to innovation and differentiation in a competitive market.
1. Alphabet, Inc. (NASDAQ:GOOG)
R&D spending in FY2022: $28.8 billion
Alphabet spent about $28.8 billion on R&D in 2022, which was an increase of 19% from 2021.
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