If you get dips in voltage below the range that the PSU can handle, it will kill the PSU. If you get spikes higher than the range that the PSU can handle, it can kill not only the PSU but things attached to the PSU as well. Most people are familiar with spikes with things like surge protectors, but most are unaware of how damaging voltage dips can be as well.

This really should not happen, at least for units that are qualified to the relevant IEC standard.

But, certainly, garbage devices are all over the place.