Exporting power supply units to Italy and Spain
Penetration of electronics into new markets such as the electronic lighting market, energy storage market, and smart grid market will create demand for customised and more intelligent power supply products in Spain and Italy. However, be aware of the economic slowdown in Spain and Italy. Many Original Equipment Manufacturers (OEMs) in Spain and Italy began outsourcing production of low-tech products and began re-focusing on high-tech and highly customised products after they had been hit by the economic crisis. This also makes the market for low-cost power supply products and components for power supply units attractive for exporters in developing countries.