The Japanese company Toshiba, one of the oldest personal computer manufacturers, has officially left this market. Toshiba has been on the PC market for over 35 years – since 1985.
In recent years, Toshiba has been actively divesting its assets to get out of its financial predicament. The problems arose after the bankruptcy of a subsidiary of Westinghouse Electric, specializing in nuclear power.
In September 2017, the Japanese giant sold its incredibly profitable and successful semiconductor arm to a consortium of Bain Capital, SK Hynix and Apple for $ 18 billion.
In November 2017, Toshiba also decided to sell the TV business to the Chinese for $ 113.6 million. In June 2018, the company entered into a deal with Sharp. The latter received 80.1% of Toshiba Client Solutions, a PC-producing subsidiary.
Now Sharp, which is owned by Taiwan’s Foxconn Electronics (Hon Hai Precision Industry), Apple’s main manufacturing partner, has exercised its call option and bought the remaining 19.9% from Toshiba.
Sharp is now the sole owner of the Toshiba PC business. As a reminder, in January 2019, Toshiba Client Solutions was renamed Dynabook Inc. The Dynabook brand will continue to be released, but Toshiba will no longer have anything to do with it.
