TSMC biggest investor in research and development in 2014: data
Taiwan Semiconductor Manufacturing Co. (TSMC, )topped the list of companies in the manufacturing industry traded in Taiwan’s over-the-counter and listed stock markets in terms of research and development investment last year, according to data published on Wednesday by the Ministry of Economic Affairs.
The company spent NT$56.8 billion ( US$1.82 billion), a yearon-year growth of 18.1 percent. It was followed by Hon Hai Precision Industry Co. ( ), which spent NT$48.9 billion, the data shows. IC designer MediaTek Inc. (
) came in third, spending NT$ 43.3 billion, a whopping growth of 63.8 percent year-on- year. Its R&D spending accounted for 20.3 percent of its business revenues, the highest ratio among the top five R&D investors.
Meanwhile, United Microelectronics Corp. (UMC, ) invested NT$13.7 billion in the area, ranking it the fourth-largest in terms of R&D investment, while Wistron Corp. ( ) placed fifth, spending NT$13.4 billion.
Smartphone maker HTC Corp. ( ) slipped out of the top five to take sixth place in the R&D investment rankings, according to the data.
The data also shows that the aggregated business turnover of these manufacturing companies also hit a record US$23.42 trillion, up 5.1 percent from the previous year.