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The Top 15: Automotive, computer, and pharmaceutical companies dominate the list of the companies with the highest R&D expenditures.
Company Country R&D 2003 ($Mil) R&D Percent change Absolute change in R&D ($Mil)
FORD MOTORUnited States$7,500 -3% ($200)
PFIZERUnited States$7,131 38% $1,955
DAIMLERCHRYSLERGermany$6,689 -8% ($600)
TOYOTA MOTORJapan$6,210 2% $97
SIEMENSGermany$6,084 -13% ($903)
GENERAL MOTORSUnited States$5,700 -2% ($100)
MATSUSHITA ELECTRICJapan$5,272 5% $257
IBMUnited States$5,068 7% $318
GLAXOSMITHKLINEUnited Kingdom$4,910 -4% ($192)
JOHNSON and JOHNSONUnited States$4,684 18% $727
SONYJapan$4,683 16% $649
MICROSOFTUnited States$4,659 8% $352
NOKIAFinland$4,514 23% $850
INTELUnited States$4,360 8% $326
VOLKSWAGENGermany$4,233 22% $762

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