Toshiba officially confirmed that it would sell its remaining 19.9% of its shares to Sharp, declaring that Toshiba has officially withdrawn from the laptop business .
Naijatechnews learned that Toshiba was founded in July 1875. It is Japan’s largest semiconductor manufacturer and the second largest integrated motor manufacturer. In 1985, it developed Mbit CMOS random access memory and entered the notebook business since then. . Toshiba claims to be the first company in the world to mass-produce the Thorn EMI Liberator, a laptop flip-top personal computer.
In the 1990s, Toshiba quickly opened the PC market with its flagship thin and mini Portégé series and the stable and durable Satellite series, and by doing so, it made its notebook market share the highest in the world in the late 1990s.
In 2000, Toshiba Semiconductor’s sales were said to be second only to Intel. At the same time, the market share of notebook computers remained the world’s largest for 7 consecutive years. By the end of 2000, IT output value accounted for 74% of Toshiba’s total output value.
With the shrinking of the PC market and the rise of Lenovo, Dell, HP, and Apple, after 2010, Toshiba’s logo was almost erased from the notebook market. In 2018, Toshiba’s management decided to sell most of its PC business units to Sharp at a low price of 36 million, and only retained 19.9% of its shares. It was not until June 30 this year that Sharp acquired Toshiba’s 19.9% stake again, and Toshiba officially ended its 35-year laptop business career.
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