June McClean Report 2024
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The semiconductor business is driven by constant technological change and the need to maintain high levels of investment in research and development (R&D) for new manufacturing processes and materials, complex product designs, and advancements in packaging, testing, and final assembly steps. The June Update to The McClean Report examines semiconductor industry research and development trends. An overview of R&D spending is followed by a review of investment growth since the 1990s, R&D expenditures as a percent of annual sales, a ranking of top R&D spenders, and regional trends in R&D spending.
