Loyd Ivey

Loyd Ivey
Ivey on the U.S. CE Recession, China’s Inflation and Protecting Free Trade

(As told to Janet Pinkerton): The electronics industry has been in a recession for over six months. There’s going to be great opportunity in our industry today, but there’s going to be two kinds of businesses this year and next year: the quick and the dead. If you’re not totally involved in your business, I’m recommending you get out quick. They (higher prices) have been hitting, but (U.S.) retailers have refused to accept the price increase so distributors and manufacturers are being squeezed out. The large big boxes are continuing to dig in their heels, saying ‘We do not to