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This is the expense the company spent on research and development. First Solar Inc's research and development for the three months ended in Sep. 2015 was $30 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $129 Mil.
This is the expense the company spent on research and development.
First Solar Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2015 was 34.944 (Dec. 2014 ) + 34.756 (Mar. 2015 ) + 29.479 (Jun. 2015 ) + 29.63 (Sep. 2015 ) = $129 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
First Solar Inc Annual Data
|Research & Development||2||6||15||34||78||95||141||132||134||144|
First Solar Inc Quarterly Data
|Research & Development||31||35||38||39||33||38||35||35||29||30|