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high-tech industry

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high-tech industry

Any industry that makes use of advanced technology. The largest high-tech group is the fast-growing electronics industry and especially the manufacture of computers, microchips, and telecommunications equipment.

The products of these industries have low bulk but high value, as do their components. Silicon Valley in the USA and Silicon Glen in Scotland are two areas with high concentrations of such firms.
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The Coalition, a group composed of leaders of professional organizations promoting the employment of African Americans in the high-tech industry, has lobbied Congress against pending bills seeking to raise the limit on the number of H1-B visas issued annually.
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New York City today is a leader in the high-tech industry, and we would like to encourage the continued growth of Silicon Alley into neighborhoods throughout the City," said Mayor Rudolph Giuliani.
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But the institute's report said the rising importance of the high-tech industry will bring risks as well as benefits.
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