These 10 global companies are investing the most in innovation, according to a European Commission report.
Intel (INTC) has had a tough year too, its earnings under pressure from the continued decline in worldwide PC sales.
Sales of PC chips make up about two-thirds of the company's revenue but it's racing to come to terms with the shift to tablets and smartphones. It shook up management earlier this year and is focusing more heavily on its Atom line of mobile processors.
It also recently released the Haswell chip for tablets, ultrabooks and convertible laptops, offering better battery life and faster processing speeds.