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power supplies

China produces at least 40% of the world's output of switching power supplies. Production is expected to further increase by as much as 50% driven by demand from telecom and industrial applications. In this age of electronics, users demand equipment that requires minimal human intervention and efficiently manage power. This leads to an increase in demands for power supply and management semiconductor devices and power management software embedded in this equipment. Also, consumers want devices capable of multitasking, thereby involving heightened research activities to bring about new innovations in the technology behind these devices. As a result, global supply chains have pushed the demand for devices that facilitate efficient power management and possess the multitasking capabilities required to satisfy ever-changing consumer demands.