Tech

Amazon Outspent All US Companies In R&D In 2017, At $22.6M

11 monthes ago   |   By Android Headlines

According to a report out of FactSet, Amazon spent $22.6 million on R&D in 2017, which puts it at the top of the list of US companies - beating out Alphabet, Intel, Microsoft and Apple who made up the top five. The top five on the list were all tech companies, followed by some healthcare companies like Johnson & Johnson and Merck. Towards the bottom of the list are Qualcomm and IBM, which is actually a bit surprising. Particularly when it comes to Qualcomm , seeing as it has been leading the way with 5G and newer, faster mobile processors.
Amazon outspent Alphabet by nearly $6 billion last...
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