Definition of sunrise industry in English:

sunrise industry

noun

  • A new and growing industry, especially in electronics or telecommunications.

    • ‘For the past two decades, the main thrust of inward-investment strategy has been to replace jobs lost in declining industrial sectors with new ones in the so-called sunrise industries.’
    • ‘He welcomes the merger of three sunrise industries and predicts a bright future Scotland is at a new frontier.’
    • ‘After all, the renaissance of US industry in the 1990s has been a story not just of American dominance in sunrise industries, but also ruthless cost-cutting to make firms more efficient.’
    • ‘Successive monsoon failures, closure of mills and a sluggishness in sunrise industries contributed to dull celebrations.’
    • ‘He is also extremely critical of the Government for not using the proceeds from asset sales to either invest in new sunrise industries or for dedicated investment funds to finance future pension or superannuation liabilities.’
    • ‘Ironically, fiscal deficit has never been the consideration when the government doles out massive funds for the telecom industry, the IT industry or the new sunrise industry - biotechnology.’
    • ‘We are turning a sunrise industry into a sunset industry, as Australia and Chile get out there and capture our markets.’
    • ‘Smokestack industries were on the way out and sunrise industries had yet to arrive.’
    • ‘When does a sunrise industry begin to resemble a sunset one?’
    • ‘Exhibition services have become a sunrise industry in the city and the number of international exhibitions is increasing at an annual rate of 20 per cent.’
    • ‘An index dominated by frothy sunrise industries multiplies the risk of investing for us all.’
    • ‘The new electronics and computer industries - the sunrise industries - which were emerging in the West led the drive for developing new products and new technologies.’
    • ‘On the other hand, many of the new sunrise industries are very vulnerable to the slightest shifts in the economic wind - witness the problems of the dot.com companies.’
    • ‘The pace at which fish-farming in Scotland has slid from its status as a sunrise industry to one on which the sun is setting is breathtaking.’

Pronunciation:

sunrise industry

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