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)

    “My plan of instruction is extremely simple and limited. They learn, on week-days, such coarse works as may fit them for servants. I allow of no writing for the poor. My object is not to make fanatics, but to train up the lower classes in habits of industry and piety.”
    —Hannah More (1745–1833)