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Solomon Systech (International) (HKSE:02878) Research & Development : HK$139 Mil (TTM As of Dec. 2023)


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What is Solomon Systech (International) Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Solomon Systech (International)'s Research & Development for the six months ended in Dec. 2023 was HK$56 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was HK$139 Mil.


Solomon Systech (International) Research & Development Historical Data

The historical data trend for Solomon Systech (International)'s Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Solomon Systech (International) Research & Development Chart

Solomon Systech (International) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.99 130.82 237.25 210.76 139.02

Solomon Systech (International) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.75 116.73 94.96 82.96 56.31

Solomon Systech (International) Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$139 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Solomon Systech (International)  (HKSE:02878) Research & Development Explanation

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.


Solomon Systech (International) Research & Development Related Terms

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Solomon Systech (International) (HKSE:02878) Business Description

Traded in Other Exchanges
Address
No. 3 Science Park East Avenue, 6th Floor, Unit 607–613, Wireless Centre, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Solomon Systech (International) Ltd, along with its subsidiaries is a semiconductor company specializing in the design, development, and sales of integrated circuit products and system solutions for various applications like smartphones, smart televisions, and other smart devices including consumer electronics products, wearables, portable devices, and industrial appliances. Geographically, the company's business is spread across Taiwan, China, Europe, Japan, Korea, South East Asia, the United States of America, and other regions. Hong Kong generates maximum revenue for the company.
Executives
Huada Semiconductor Co., Ltd 2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Dian Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Yeh Tsuei Chi 2101 Beneficial owner

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