Research & development expenditure at Samsung Electronics 2009-2019

This statistic shows the levels of research & development expenditure at Samsung Electronics between 2009 and 2019. The official figures were published in South Korean won. The sums in U.S. dollars have solely been provided to aid in the understanding of the statistic and are not official figures from the Samsung corporation. In 2019, total spending on research and development at Samsung Electronics amounted to approximately 20.2 trillion South Korean won.

Samsung R&D spending – additional information

Samsung, a global leader in semiconductors, telecommunications and digital media technologies, spent nearly 14 billion U.S. dollars on research and development in 2014. This amount is considerably higher than the 2009 figure, when Samsung spent around seven billion U.S. dollars on research and development. Their expenditure has almost doubled.

Samsung has the fourth largest R&D expenditure in the world. Samsung is also the top-ranked consumer electronics company. Volkswagen and Intel are listed third and fifth respectively in the ranking. Samsung’s investment manifests, for example, in the more than six thousand U.S. patents as of 2016. Only IBM has more patents, while spending 5.4 billion U.S. dollars on research and development.

Software and computer services companies, and technology hardware and equipment companies tend to invest heavily on research and development. In the last few years, companies from these two industrial sectors spent, on average, about eight to 11 percent of their total revenue on R&D. In the electronics and electrical appliances industry – another market in which Samsung has a strong presence – companies invest about four to five percent of their revenues in R&D. In 2017, Samsung invested more than seven percent of its total global revenue on research and development.

Global research & development expenditure at Samsung Electronics between 2009 and 2019

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Source

Release date

January 2020

Region

Worldwide

Survey time period

2009 to 2019

Supplementary notes

* The sums in U.S. dollars were calculated using the exchange rate from 31 December, 2019.
1 KRW - 0.00087 U.S. dollars

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Statistics on "Samsung Electronics"

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