Microsoft, Siemens, IBM, and Intel lead tech R&D spenders
InfoWorld | at | by Mike
Microsoft is getting more serious about investing in R&D, according to Booz Allen Hamilton's annual study of the world's largest corporate R&D spenders.
Microsoft ranked 7th on the list for 2006, up a notch from 2005. The company devoted $6.58 billion to R&D in 2006, up 6.5 percent from the year before and representing 14.9 percent of 2006 sales.
Toyota topped the list with $7.7 billion in R&D spending and Merck invested the most in R&D as a percentage of sales among the top 20 companies, at 21.1 percent.