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Several of the most well-known tech companies in the world also compete with Intel in this market, including computer giant Hewlett-Packard, software titan Microsoft and perhaps the most dominant tech company in the world, Google (GOOG).
Intel is the king of Silicon Valley R&D spending, pouring $10.6 billion into the department last year. Even Apple's less innovative smartphone rival, Samsung, outspent Apple on research last year, reporting $13.4 billion spent in 2014, more than double the $6.04 billion Apple spent.