MOLX » Topics » Research and Development

These excerpts taken from the MOLX 10-K filed Aug 6, 2008.
Research and Development
 
Costs incurred in connection with the development of new products and applications are charged to operations as incurred. Research and development costs are included in selling, general and administrative expenses and totaled $163.7 million, $159.1 million and $140.9 million in fiscal 2008, 2007 and 2006, respectively.
 
Research and
Development



 



Costs incurred in connection with the development of new
products and applications are charged to operations as incurred.
Research and development costs are included in selling, general
and administrative expenses and totaled $163.7 million,
$159.1 million and $140.9 million in fiscal 2008, 2007
and 2006, respectively.


 




This excerpt taken from the MOLX 10-K filed Aug 3, 2006.

Research and Development


Costs incurred in connection with the development of new products and applications are charged to operations as incurred.  Research and development costs are included in selling, general and administrative expenses and totaled $140.9 million, $133.6 million and $119.0 million in fiscal 2006, 2005 and 2004, respectively.


This excerpt taken from the MOLX 10-K filed Sep 12, 2005.

Research and Development

Molex remains committed to investing in world-class technology development, particularly in the design and manufacture of connectors and interconnect systems. The Company’s research and development activities are directed toward developing technology innovations, primarily high speed signal integrity, miniaturization, higher power delivery, optical signal delivery and sealed harsh environment connectors that Molex believes will deliver the next generation of products. Molex continues to invest in new manufacturing processes, as well as improve existing products and reduce costs. Molex believes that it is well positioned in the technology industry to help drive innovation and promote industry standards that will yield innovative and improved products for customers.

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Molex incurred total research and development costs of $134 million in fiscal 2005, $119 million in fiscal 2004 and $117 million in fiscal 2003. The Company believes this investment, typically at 5% or more of net revenue, is among the highest level relative to the largest participants in the industry and helps it achieve a competitive advantage.

Molex strives to provide customers with the most advanced interconnection products through intellectual property development and participation in industry standards committees. Molex engineers are active in approximately 45 such committees, helping give the Company a voice in shaping the technologies of the future. In fiscal 2005, Molex commercialized approximately 384 new products and received 775 product patents.

Molex performs a majority of its design and development of connector products in the U.S. and Japan, but has additional product development capabilities in various locations, including China, Germany, India, Ireland, Korea, Malaysia and Singapore.

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