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10 companies spending most on R&D in the world
Last updated on: March 15, 2013 08:19 IST
Image: A view of Boston, Massachusetts.
Photographs: Brian Snyder/Reuters
While some companies spend hardly any money on innovation, research and development, others invest billions of dollars.
Let's take a look at world's most innovative companies based on research and development spending.
Source: The Financialist
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Image: A model poses next to a Toyota Fine S hybrid car in Sao Paulo, Brazil.
Photographs: Paulo Whitaker/Reuters
Toyota
Sector: Automobiles
Total R&D spending: $9.9 billion
Global rank: 1
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Image: A woman speaks on the phone at a department store in Moscow.
Photographs: Denis Sinyakov/Reuters
Samsung
Sector: Computing and electronics
Total R&D spending: $9 billion
Global rank: 2
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Image: A representative of Microsoft poses with a Samsung notebook to present a children-friendly Microsoft Surface platform in Hanover, Germany.
Photographs: Fabrizio Bensch/Reuters
Microsoft
Sector: Computing and electronics
Total R&D spending: $9 billion
Global rank: 3
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Image: People surf the web during a 'Campus Party' Internet users gathering in Sao Paulo, Brazil.
Photographs: Paulo Whitaker/Reuters
IBM
Sector: Computing and electronics
Total R&D spending: $6.3 billion
Global rank: 4
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Image: Women use their mobile phones to surf the Internet in Caracas, Venezuela.
Photographs: Jorge Silva/Reuters
Google
Sector: Software and Internet
Total R&D spending: $5.2 billion
Global rank: 5
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Image: A shopper leaves a Tesco store in Loughborough, central England.
Photographs: Darren Staples/Reuters
General Electric
Sector: Industrials
Total R&D spending: $4.6 billion
Global rank: 6
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Image: A woman reads a book on the Rose Kennedy Greenway in Boston, Massachusetts, United States.
Photographs: Brian Snyder/Reuters
Amazon
Sector: Software and Internet
Total R&D spending: $2.9 billion
Global rank: 7
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Image: Lauren McGowan, 32, listens to her ipod on Labor Day in Central Park, New York City.
Photographs: Lucy Nicholson/Reuters
Apple
Sector: Computing and electronics
Total R&D spending: $2.4 billion
Global rank: 8
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Image: A woman pulls shopping carts through the aisle in Torrington, Connecticut, United States.
Photographs: Jessica Rinaldi/Reuters
Procter & Gamble
Sector: Consumer
Total R&D spending: $2 billion
Global rank: 9
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Image: A Nordstrom store at a mall in Denver, United States.
Photographs: Rick Wilking/Reuters
3M
Sector: Industrials
Total R&D spending: $1.6 billion
Global rank: 10