Thanks to the FT for this list which has been extracted from its list of the top R&D spenders. Two companies, IBM and Toshiba, are much more than just chip companies of course, but the largest share of their R&D budget goes to chip R&D. It interested me to see by how much TSMC lagged the top ten list. TSMC's R&D budget is only $450m. Here they are then, the world's largest spenders on chip R&D:
$bn
Intel 3.0
IBM 2.9
Toshiba 1.6
TI 1.1
ST 0.82
Infineon 0.796
Qualcomm 0.785
AMD 0.615
Freescale 0.610
Broadcom 0.570
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