But, based on Acer Corporation chairman Stan Shih's "smile curve" theory, manufacturing is at the lowest part of the curve, which is to say it has the lowest value added. It has been especially difficult to avoid the fate of "micro-profits" in the last few years given the cutthroat competition between Taiwan's manufacturers.
然而依宏集團董事長施振榮的「微笑曲線」理論分析，位於曲線底端的製造生產，附加價值最低，尤其近年在台灣業者一窩蜂流血搶單、自相殘殺下，更難擺脫「微利」的宿命。