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Toshiba exits the PC business

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 Toshiba bank has now exited the laptop making business after a 35 year of effective running and giving out its remaining minority stake in its business to Sharp.
In 2018 Toshiba sold 80.1 percent of Its PC business to Sharp at a price of $36 million, of which Sharp renamed it to Dynabook. Sharp bought the remaining shares of 19.1 percent back in June after which Toshiba released a statement on August 4th of about the complete deal.
“As a result of this transfer, Dynabook has become a wholly owned subsidiary of Sharp,” Toshiba said in a statement.
Toshiba’s T1100 computer was the first PC laptop which was released in 1985.Back then it cost was about $2,000.This laptop weighed about 4kg.
According to Reuters, Toshiba’s shareshares of the PC market had decreased tremendously from its 2011 peak of about 17.7 millions of PC sold to approximately 1.4 million of PC sold in 2017.

 

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