Connect with us
X
Categories:

Technology

Toshiba Quits Laptop Business Officially

All Naija Entertainment

Published

on

Last Updated on September 13, 2020 by All Naija Entertainment

Toshiba Quits Laptop Business Officially

Toshiba quietly exited the laptop business once and for all last week, ending a 35-year run by transferring its remaining minority stake in its PC business to Sharp. Two years ago, Toshiba sold an 80.1 percent stake of its PC business to Sharp for $36 million, and Sharp renamed the division Dynabook. Sharp exercised its right to buy the remaining 19.1 percent of shares back in June, and Toshiba released a statement August 4th that the deal was completed

Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You.


As a result of this transfer, Dynabook has become a wholly owned subsidiary of Sharp,” Toshiba said in a statement.

The company made the first PC laptop in 1985: The T1100 boasted internal rechargeable batteries, a 3.5-inch floppy drive, and 256K of memory. ComputerWorld’s 20-year retrospective of the T1100 notes that Toshiba executives were unsure about the portable computer, but eventually came around, and began selling the T1100 for around $2,000.

During the 1990s and early 2000s Toshiba was among the top PC manufacturers, but as more players crowded into the market and with fewer unique features to offer, Toshiba’s laptops waned in popularity. By the time it sold its stake to Sharp, Toshiba’s share of the PC market had dwindled from its 2011 peak of 17.7 million PCs sold to about 1.4 million in 2017, according to Reuters.


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Reach us on WhatsApp via: +2348104471989

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don’t Miss!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Latest Exchange Rate

Donate To ANE!


Mind buying a coffee to support us here at All Naija Entertainment?. Yes?

Donate Now
Hoffenheim beats Bayern Munich 4-1
Sports5 hours ago

Hoffenheim beats Bayern Munich 4-1, breaks 32 matches unbeaten run

Nengi BBN
Entertainment8 hours ago

BBNaija 2020: “I never liked Kiddwaya” – Nengi

Laycon Nengi
Entertainment8 hours ago

BBNaija: Laycon advises Nengi on Ozo

Nengi and Ozo
Entertainment8 hours ago

BBNaija 2020: My friendship with Ozo is over – Nengi

Erica BBN White Party
Entertainment8 hours ago

BBN 2020: Erica Missing At All-white Party After Preparation For Show

Dorathy
Entertainment8 hours ago

BBNaija: Dorathy reveals feelings for Kiddwaya, Brighto

Ole Gunnar Solskjaer
Sports8 hours ago

Brighton 2-3 Man United: Why I Was Angry With Rashford – Ole Gunnar Solskjaer Reveals

Buhari
News8 hours ago

SERAP hands Buhari ultimatum to prosecute 103 high-profile corruption cases

John Enenche
News8 hours ago

We lost 18 people during attack on gov Zulum’s convoy ― DHQ

Nyesom Wike
News8 hours ago

Rivers: Wike Promises Early Completion Of 258-bed Mother, Child Hospital

Francis Waive
News8 hours ago

Water Resources Bill Is Northern Agenda To Tighten The Noose On The South – House Of Reps Member

Granit Xhaka
Sports8 hours ago

I Wouldn’t Be With Arsenal Without Mikel Arteta – Granit Xhaka

Gareth Bale Tottenahm
Sports9 hours ago

I Love Tottenham With All My Heart – Gareth Bale

Peter Obi
News12 hours ago

Peter Obi Break Silence On Viral 2023 Campaign Posters

ZLP logo
News13 hours ago

Ondo Guber 2020: ZLP Denies Plan To Collapse Structure Into Another Party

Lai Mohammed
News13 hours ago

Labour: Planned Strike Can Only Bring More Hardship For Ordinary Nigerians – Lai Mohammed

Gun men - Bandits
News1 day ago

Bandits kill Army colonel, two soldiers in Katsina

News1 day ago

Four Found Dead In One-room Apartment In Abraka After Eating Noodles

Man Utd vs Brighton
Sports1 day ago

EPL: Man Utd beat Brighton with Fernandes penalty awarded after full-time

Education1 day ago

School Resumption: Rivers To Reopen Schools, October 5

ANE Billboard Hots!



Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Copyright © All Naija Entertainment.

css.php