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This is the expense the company spent on research and development. STMicroelectronics NV's research and development for the three months ended in Dec. 2016 was $316 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $1,195 Mil.
This is the expense the company spent on research and development.
STMicroelectronics NV Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 317 (Mar. 2016 ) + 263 (Jun. 2016 ) + 299 (Sep. 2016 ) + 316 (Dec. 2016 ) = $1,195 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.
STMicroelectronics NV Annual Data
|Research & Development||1,802||2,069||2,365||2,350||2,352||2,413||1,759||1,289||1,281||1,242|
STMicroelectronics NV Quarterly Data
|Research & Development||377||145||333||338||300||310||317||263||299||316|