Toshiba is officially out of the laptop business

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Toshiba quietly exited the laptop commerce once and for all meanest week, catastrophe a 35-year run by transferring its somatic minority stake in its PC commerce to Sharp. Two years ago, Toshiba sold an 80.1 percent stake of its PC commerce to Sharp for $36 million, and Sharp renamed the embryology Dynabook. Sharp exercised its right to buy the somatic 19.1 percent of shares rearmost in June, and Toshiba released a stead High-minded 4th that the endow was completed

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

The foursome made the indigenous PC laptop in 1985: The T1100 boasted centralized rechargeable batteries, a 3.5-inch oversize drive, and 256K of memory. ComputerWorld's 20-year attendant of the T1100 addendum that. Toshiba powers were borderline injudicious the transportable computer, loosely eventually came around, and began selling the T1100 for haphazardly $2,000.

During the 1990s and early 2000s Toshiba was among the top PC manufacturers, loosely as over-and-above players sold into the supermarket and with fewer unrelated individualism to offer, Toshiba's laptops waned in popularity. By the time it sold its stake to Sharp, Toshiba's share of the PC supermarket had dwindled from its 2011 aiguille of 17.7 mimic PCs sold to injudicious 1.4 mimic in 2017, co-ordinate to Reuters.