Samsung Electronics' R&D investment in 2017 ranks fourth in the world for Huawei

According to the report of the Yonhap News Agency, Li Tingting, according to the report of the Yonhap News Agency on December 11, the European Commission’s 2017 R&D investment ranking announced at the beginning of the month showed that Samsung Electronics ranked the fourth in the world with 12.2 billion euros, a drop of 2 places from 2016. , but still ranked in the top five for six consecutive years. It is reported that in the 2016 fiscal year, South Korea’s R&D spending by Korean companies rose by 1.9%, far below the world average of 5.8%, and even lower than the 18.5% increase of Chinese companies. The future growth potential is worrying. Only four Korean companies invested in research and development among the top 100 globally. Samsung Electronics ranked fourth in the world, while LG Electronics, Hyundai Motor and SK Hynix ranked 50th, 77th, and 83rd. Volkswagen's R&D investment reached 13.7 billion euros, ranking top in the world, followed by Google’s parent companies Alphabet, Microsoft, Samsung Electronics, Intel, Huawei, and Apple. Data map According to the data, the Samsung Electronics ranking rose from 7th in 2011 to 5th in 2012 and 2nd for 4 consecutive years from 2013. The R&D input of global information and communication technology (ICT) service companies increased by 11.7%, medical and ICT manufacturing increased by 6.9% and 6.8% respectively. Among ICT manufacturing companies, Samsung Electronics invested the most in R&D in the world. According to reports, there are 36 companies in the U.S. that rank among the R&D 100, and Japan, Germany, and China each have 14, 13, and 7. In addition, among the 2,500 companies surveyed that invested 2,400 euros in research and development, the United States had 821, the European Union, China, and Japan each accounted for 567, 377, and 365, and South Korea had only 70. According to the report, it is worth noting that Chinese companies’ R&D input in 2017 increased by 18.8% from 2016, an increase of more than US (7.2%) and EU member states (7.0%), while Korean companies’ R&D investment increased by only 1.9%. However, Japanese companies did not even increase their reductions by 3.0%.