Business
Toshiba Leaves the PC Industry After 35 Years – HYPEBEAST
Selling its laptop business wholly to Sharp.
After 35 years in the business, Japanese consumer electronics company Toshiba has decided to exit the PC industry.
According to a press release from the company, it has now sold the remaining 19.9 percent of shares it had in its laptop business to Sharp, which previously purchased a majority stake of 80.1 percent back in 2018 for $36 million USD. Since then, the PC-making subsidiary operated under a new name called Dynabook. The remaining shares from Toshiba were sold as part of a share purchas…
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