Tuesday, 11 August 2020

Toshiba dumps its laptop business after 35-year run, but will anyone miss it? | PC Gamer

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Toshiba dumps its laptop business after 35-year run, but will anyone miss it? | PC Gamer


Toshiba has finalized its exit from the laptop business by selling its remaining shares of Dynabook, its laptop division, to Sharp. In doing so, Toshiba officially ends a run that spanned three and a half decades.

It also represents a complete exit from the personal computer business, in terms of desktops and laptops. This began two years ago when Toshiba sold 80.1 percent of its PC business to Sharp for $36 million, which it announced in a PDF filing (via PCMag), a deal that also provided brand licensing rights. Toshiba then renamed its remaining PC division Dynavision. That is now gone as well.

"Toshiba Corporation hereby announces that it has transferred the 19.9 percent of the outstanding shares in Dynabook Inc. that it held to Sharp Corporation. As a result of this transfer, Dynabook has become a wholly owned subsidiary of Sharp," Toshiba said.

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