Toshiba stopped her business laptops once and for all last week, ending a 35-year run. The remaining share of the PC business was transferred to Sharp.
Before two years, Toshiba sold 80,1% of its business to Sharp for $36 million, and Sharp renamed the division Dynabook. Sharp reportedly exercised its right to buy the remaining 19,1 percent stake in June, and Toshiba released a statement on Aug. 4 that the deal was complete.
"As a result of this transfer, Dynabook has become a wholly owned subsidiary of Sharp." he says Toshiba.
The company created the first portable PC in 1985: the T1100 had internal rechargeable batteries, unit 3,5 inch floppy disk and 256K memory.
ComputerWorld reports on the T1100 that Toshiba executives weren't sure about the laptop, but eventually started selling the T1100 for about $ 2.000.
During the 1990s and early 2000s, Toshiba was one of the leading PC makers, but as more players in the market gathered more and more unique features, Toshiba laptops declined in popularity. .
By the time it sold its stake in Sharp, Toshiba's share of the PC market had declined since the 2011 pick (17,7 millions computers) to about 1,4 million in 2017, according to Reuters.