The document discusses opportunities and challenges in the electronics industry due to paradigm shifts driven by new technologies. It notes that mechanical systems are increasingly being replaced by intelligent electronic systems, enabling autonomous operation and adaptability. However, it also notes that working with manufacturers to understand requirements, long development times, and needing skills in areas like data analytics, signal processing, machine learning and control theory present challenges. The opportunities lie in developing solutions that leverage Sri Lanka's existing strengths and addressing niche application areas.