TechInsights, semiconductor research firm, recently released a report ranking the top 20 global semiconductor companies by R&D investment through 2024. The report shows that despite the impact of the financial crisis, Intel maintained its top spot with R&D investment of $16.546 billion, followed by Nvidia, Samsung, Broadcom, Qualcomm, AMD, TSMC, MediaTek, Micron, and SK Hynix. The R&D investment threshold to enter the top 20 is $969 million.

Overall, the top 20 semiconductor companies’ total R&D expenditure reached $98.68 billion, a year-on-year increase of 17%, accounting for approximately 96% of the global semiconductor industry’s total R&D spending. The average R&D expenditure as a percentage of sales for the top 20 semiconductor companies was 15.8%. Looking at the year-on-year change in R&D spending, 15 companies saw an increase, while the remaining five saw a decrease.

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