A Forex.com report had Samsung scoring 9.25 out of 10 in the innovation score, with 8,513 registered patents in 2022. Apple, in contrast, has spent more on research and development
Samsung has become the most innovative company in the world after registering the highest number of patents.
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Samsung has become the most innovative company in the world after registering the highest number of patents. A Forex.com report had Samsung scoring 9.25 out of 10 in the innovation score, with 8,513 registered patents in 2022. Apple is second on the list, with a score of 9.03 and 2,313 patents.
Though Samsung has registered more patents than Apple, the latter has spent $9 billion more on research and development (R&D). Samsung spent $20 billion on R&D, while Apple’s total R&D expenses were $29 billion. Apple has been constantly investing in R&D, and its expenses grew by 84 percent in the last five years. Samsung’s R&D expenses increased by 20 percent in the same period.