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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 Mar. 2016 was $342 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $1,088 Mil.
This is the expense the company spent on research and development.
STMicroelectronics NV Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 207 (Jun. 2015 ) + 331 (Sep. 2015 ) + 208 (Dec. 2015 ) + 342 (Mar. 2016 ) = $1,088 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||1,667||1,802||2,069||2,365||2,350||2,352||2,413||1,816||1,520||1,281|
STMicroelectronics NV Quarterly Data
|Research & Development||407||378||259||377||145||369||207||331||208||342|