Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was the largest spender on research and development (R&D) in Taiwan last year, the Ministry of Economic Affairs said.
Last year, TSMC, the world’s largest contract chipmaker, had a record expenditure of NT$65.5 billion (US$2.02 billion) on research and development, making itself the highest spender in the country for the third consecutive year, the ministry said.
Hon Hai Precision Industry Co (鴻海精密), the world’s largest contract electronics maker and an assembler of iPhones and iPads for Apple Inc, came in second after spending NT$52.5 billion on research and development, the ministry said.
Integrated circuit designer MediaTek Inc (聯發科) spent NT$49.5 billion to take third place ahead of iPhone assembler Pegatron Corp (和碩) with NT$14.7 billion and power management system supplier Delta Electronics Inc (台達電子) with NT$14.5 billion, the ministry said.
The top five spent a total of NT$196.7 billion on research and development last year, accounting for 34.1 percent of total research and development spending in the local manufacturing sector, up 8.2 percentage points from a year earlier.
The ministry said that manufacturers listed on the local bourse spent a total of NT$577.5 billion on research and development last year, up 6 percent from a year earlier.
The NT$577.5 billion accounted for 2.5 percent of the manufacturers’ total revenues, the ministry said.
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