All the tech products we use are going to get “thinner and lighter,” Toshiba Americas President Mark Simons told Cheddar.
In tandem with that, Simons predicts that the “convertible [will] really take over and possibly even outpace the traditional clamshell product.” He says we’ll also see major shifts in the tech we wear.
All those trends will “really start to change our work life.”
Toshiba was once a prominent market leader. But in recent years, the Japanese electronics conglomerate has been losing a lot of ground to competition.
Amid problems with its U.S. nuclear business, the company had to sell off its flagship chipmaking arm. It’s also shifted away from making consumer electronics, focusing on enterprise products instead.
Simons told Cheddar that Toshiba will soon announce products that will “empower those workers who haven’t had technology in the past,” though he didn’t give away any further details on those plans.
For the full interview, [click here](https://cheddar.com/videos/toshiba-shifts-focus).
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Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
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