Toshiba officially steps away from PC market

In a press release announcement Toshiba has come forward with news that the company is officially stepping away from the PC manufacturing market.

For decades, Toshiba has been a global competitor in the PC industry, going as far as introducing one of the first commercially available laptops in the 1980s. Over the last few years, however, Toshiba has been slowly removing assets – including major shares in its PC business.

In June of 2018, Toshiba relinquished over 80% of its PC subsidiary shares to Sharp, which rebranded Toshiba Client Solutions Co., Ltd under Dynabook. Since the purchase, Toshiba has still maintained ownership of the remaining 19.9%.

As of early August, Toshiba has officially sold that remaining stake, giving complete ownership of the PC business to Sharp under the Dynabook name. This move also classifies Dynabook as a fully-owned Sharp subsidiary.