Toshiba Exits the PC Business

Marco Green
August 10, 2020

This week, Toshiba confirmed that it sold its remaining 20 percent stake to Sharp on June 30, 2020. After acquiring the shares, Sharp renamed the business to "Dyanbook" and set sights about releasing new models and reviving the flailing brand, the Portege X30L-G being the biggest example.

Toshiba this week confirmed that it has sold the remaining stake in its laptop business to Sharp and is formally exiting the PC market.

The transfer of the Dynabook brand and assets to Sharp actually marks its return to the laptop market after an absence of around eight years. It's not clear what the value of that transaction is, but Toshiba has finally exited the PC market for good. It weighed 4kg (8.8 pounds) and worked with 3.5 inch (8.8cm) floppy disks. The design of the T1100 served as a template for many portable computers of its age. Consequently, as other brands, like the ThinkPad and Apple's Macbook Air started dominating the laptop market, Toshiba saw the writing back on the wall and thereby failing to capture the consumers' imagination.

Between the 1990s and 2000s, Toshiba was among the top PC manufacturers of the day.

It also didn't help that Toshiba made a bet on the failed media format HD DVD back in 2007, where it produced a host of media-centric laptops that were rendered obsolete when Blu-ray emerged as the victor. The company sold the majority of the division to Sharp for $36 million in 2018.

Other reports by Click Lancashire

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