|To: saukriver who wrote (26458)||4/17/2004 8:28:12 AM|
|From: Eric L||Respond to of 33048|
|Comparative R&D Investments|
<< The contrast between Nokia, based in Finland, and Samsung, based in South Korea, could hardly have been more stark as they made their announcements a few hours apart. >>
Somewhat surprising, particularly in light of Samsung's superlative quarter ...
>> Korean Companies Losing Momentum in R&D
April 09, 2004
[In 2003] No Korean company spent more than 10 percent of their revenue on R&D with 17 spending less than 4 percent, while Intel, Motorola and Nokia spent between 12 to 16 percent of their revenue on R&D in comparison.
Samsung Electronics, which topped the country with a 73.8 trillion won market value last year, spent the most on R&D among Korean companies, investing 8 percent of their revenue. ...
In part, it's a direct result of the extraordinary intellectual and technical resources at Nokia's disposal: The company boasts an annual R&D budget of $3 billion, and 40% of its 52,000 employees are involved in R&D. Most Nokia business units have at least three R&D sites. Those sites are located in 15 countries and are usually adjacent to leading universities and relevant industry clusters. <<
Samsung's Q1 abstracted here:
- Eric -