“In the choice between changing one’s mind and proving there is no need to do so, most people get busy on the proof.” John K. Galbraith, Economist (1908 – 2006).
Monday, 8 February 2016
Less big spender
The semiconductor industry spent a record $56.4 billion on research and development in 2015, though growth in this spending slowed according to industry analysts IC Insights. Global chip sales came in at about $353.6 billion last year with R&D spending around $56.4 billion. Market leader Intel accounted for 22% of all semiconductor industry R&D spending in 2015. However Intel’s R&D expenditure grew 5% in 2015, well below its 13% average increase per year since 2010.