Mark Simons, President and CEO of Toshiba Americas, discusses the company's recent shift from the retail sector to a business to business model. Now, Samsung is providing laptops and I.o.T. equipment for various companies.
The company recently sold its Westinghouse unit and has since turned its focus to business and education endeavors. Looking to the future, Simons predicts laptops will keep getting thinner and lighter.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.