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Toshiba sells remaining stakes of its laptop business to Sharp

Toshiba sells remaining stakes of its laptop business to Sharp
Deepanker Verma August 10, 2020 Business

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Toshiba is finally out of the laptop business. The company has sold the remaining stakes of its PC business to Sharp to exit the segment.

Toshiba sold an 80.1 percent stake of its PC business to Sharp for $36 million almost two years back. Sharp renamed the division Dynabook Now it has sold the remaining 19.1 percent to sharp last month. That means Dynabook has become a wholly-owned subsidiary of Sharp.

Toshiba made its first laptop T1100 back in 1985. T1100 came with rechargeable batteries, a 3.5-inch floppy drive, and 256K of memory. It was priced at around $2000. After that, Toshiba launched several models and was one of the leading PC manufacturers during the 1990s and early 2000s.

Sharp is now trying its best to make its name in the laptop divest. It showcased some of its new laptop models at CES 2020. Dynabook has good business laptop line-ups Let’s see if Sharp gets success in attracting consumers.

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Deepanker Verma

About the Author: Deepanker Verma

Deepanker Verma is the Founder and Editor-in-Chief of TechloMedia. He holds Engineering degree in Computer Science and has over 15 years of experience in the technology sector. Deepanker bridges the gap between complex engineering and consumer electronics. He is also a a known Security Researcher acknowledged by global giants including Apple, Microsoft, and eBay. He uses his technical background to rigorously test gadgets, focusing on performance, security, and long-term value.

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