Economy of Taiwan - Industry

Industry

Industrial output has gradually decreased from accounting for over half of Taiwan's GDP in 1986 to just 31% in 2002. Industries have gradually moved to capital and technology-intensive industries from more labor-intensive industries, with electronics and information technology accounting for 35% of the industrial structure. Industry in Taiwan primarily consists of many small and medium-sized enterprises (SME) with fewer large enterprises.

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Famous quotes containing the word industry:

    For almost seventy years the life insurance industry has been a smug sacred cow feeding the public a steady line of sacred bull.
    Ralph Nader (b. 1934)

    He had much industry at setting out,
    Much boisterous courage, before loneliness
    Had driven him crazed;
    For meditations upon unknown thought
    Make human intercourse grow less and less....
    William Butler Yeats (1865–1939)

    ... we’re not out to benefit society, to remold existence, to make industry safe for anyone except ourselves, to give any small peoples except ourselves their rights. We’re not out for submerged tenths, we’re not going to suffer over how the other half lives. We’re out for Mary’s job and Luella’s art, and Barbara’s independence and the rest of our individual careers and desires.
    Anne O’Hagan (1869–?)