Samsung spent whopping $10.4 billion on R&D in 2013

Samsung spent whopping $10.4 billion on R&D in 2013

According to the research firm going by the name of “Booz&Company”, Samsung has spent whopping $10.4 billion on research and development in 2013. That, actually, includes the period from July 2012 to June 2013…

This impressive figure helped the Korean giant take the 2nd spot in the R&D spending chart, ahead of Intel ($10.1 billion), Microsoft ($9.8 billion) and Google ($6.8 billion). The first place goes to Volkswagen which spent $11.4 billion.

It is, however, important to add that Samsung doesn’t just make phones but since their handset unit accounts for a big chunk of their profits, it’s fair to guess a lion’s share of those $10.4 billion went to Sammy’s mobile arm.

We know they’ve put in extra cash to make flexible screens, better batteries, a smart watch and add their own tweaks to the Android platform; but we would also expect some other novelties coming next year. All of the mentioned technologies couldn’t be worth more than few billion, leaving us a ton of room to speculate what’s coming next. One thing is clear though – the next year will be even more interesting that this one. Can’t wait. 😉

[Via: G4Games]

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