{"id":6416,"date":"2020-08-07T08:02:49","date_gmt":"2020-08-07T08:02:49","guid":{"rendered":"https:\/\/aviancetechnologies.com\/blog\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\/"},"modified":"2020-08-07T08:02:49","modified_gmt":"2020-08-07T08:02:49","slug":"toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp","status":"publish","type":"post","link":"https:\/\/aviancetechnologies.com\/blog\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\/","title":{"rendered":"Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp"},"content":{"rendered":"<p>\u00a0\u00a0<br \/>\n[responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;]<\/p>\n<h2>Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp<\/h2>\n<p><\/p>\n<div>\n<p>Toshiba, the Japanese company that was once popular in the tech world for its Satellite range of notebooks, has finally quit the laptop market and transferred all its stake in the laptop business to Sharp. The new development comes over two years after the Tokyo-headquartered company sold 80.1 percent shares of Toshiba Client Solutions to Sharp back in June 2018. That transfer closed in October 2018, and the Sharp-owned Toshiba entity changed its name to Dynabook in January 2019.<\/p>\n<p>Under the June 2018 deal, Toshiba retained a 19.9 percent stake in Toshiba Client Solutions that is currently called Dynabook. The company, however, has now sold that remaining stake to Sharp to completely exit the laptop market and transfer its laptop business entirely to the Osaka-based company.<\/p>\n<p>\u201cAs a result of this transfer, Dynabook has become a wholly owned subsidiary of Sharp,\u201d Toshiba <a href=\"https:\/\/www.toshiba.co.jp\/about\/press\/2020_08\/pr0401.htm\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> in a press statement.<\/p>\n<p>Sharp on June 30 exercised a call option for the remaining outstanding shares held by Toshiba that ultimately resulted in the new update.<\/p>\n<p>Toshiba entered the market of laptops in 1985. It introduced its Satellite range to take on IBM&#8217;s ThinkPad series. The company was outsourcing its laptop production until 2015, though it started manufacturing newer models at its facility in China. However, the growth of Lenovo, HP, and Dell made it tougher for Toshiba to continue its success in the market.<\/p>\n<p>The exit of Toshiba sometime struggling against the competition doesn&#8217;t mean that the new owner of its laptop business wouldn&#8217;t actively participate in the market. In fact, Sharp <a href=\"https:\/\/global.sharp\/brand\/globalevents\/ces2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">showcased<\/a> some of its new laptop models at CES 2020. A report by Nikkei Asia Review last month also quoted Sharp Chairman and CEO Tai Jeng-wu <a href=\"https:\/\/asia.nikkei.com\/Business\/Technology\/Sharp-looks-to-move-up-PC-unit-Dynabook-s-listing-to-2020-CEO\" target=\"_blank\" rel=\"noopener noreferrer\">highlighting the profitability<\/a> of its Dynabook business shortly after the 2018 deal. Tai also suggested that the subsidiary might go public within a year.<\/p>\n<hr\/>\n<p><em>Is Mi Notebook 14 series the best affordable laptop range for India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via <a href=\"https:\/\/itunes.apple.com\/in\/podcast\/orbital-gadgets-360-podcast\/id1121036073\">Apple Podcasts<\/a> or <a href=\"https:\/\/feeds.feedburner.com\/TheOrbitalGadgets360\">RSS<\/a>, <a href=\"https:\/\/dts.podtrac.com\/redirect.mp3\/cdn.gadgets360.com\/content\/data\/audio\/orbital224.mp3\">download the episode<\/a>, or just hit the play button below.<\/em><audio controls=\"\" controlslist=\"nodownload\" preload=\"none\"><source src=\"https:\/\/dts.podtrac.com\/redirect.mp3\/cdn.gadgets360.com\/content\/data\/audio\/orbital224.mp3\" type=\"audio\/mpeg\"\/><\/audio><\/p>\n<\/div>\n<div class=\"post-item-metadata entry-meta\">\n<p class=\"has-background has-very-light-gray-background-color\">Disclaimer: Content may be edited for style and length.\u00a0<a class=\"newsium-categories category-color-1\" href=\"https:\/\/gadgets.ndtv.com\/laptops\/news\/toshiba-laptops-pc-market-exit-sharp-dynabook-acquisition-2275765#rss-gadgets-laptops\" target=\"_blank\" rel=\"noopener noreferrer\">Story Source<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp Toshiba, the Japanese company that was once popular in the tech world for its Satellite range of notebooks, has finally quit the laptop market and transferred all its stake in the laptop business to &#8230; <a title=\"Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp\" class=\"read-more\" href=\"https:\/\/aviancetechnologies.com\/blog\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\/\" aria-label=\"Read more about Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6417,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-6416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pc-laptops"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp - Aviance Technologies<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp - Aviance Technologies\" \/>\n<meta property=\"og:description\" content=\"\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp Toshiba, the Japanese company that was once popular in the tech world for its Satellite range of notebooks, has finally quit the laptop market and transferred all its stake in the laptop business to ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aviancetechnologies.com\/blog\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\/\" \/>\n<meta property=\"og:site_name\" content=\"Aviance Technologies\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-07T08:02:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aviancetechnologies.com\/blog\/wp-content\/uploads\/2020\/08\/Toshiba-Completely-Exits-Laptop-Market-Sells-Remaining-Stake-to-Sharp.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"ATN\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ATN\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\\\/\"},\"author\":{\"name\":\"ATN\",\"@id\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/#\\\/schema\\\/person\\\/687e1451a2e1ef0b60e1759f4aeb84bc\"},\"headline\":\"Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp\",\"datePublished\":\"2020-08-07T08:02:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\\\/\"},\"wordCount\":383,\"publisher\":{\"@id\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/Toshiba-Completely-Exits-Laptop-Market-Sells-Remaining-Stake-to-Sharp.jpg\",\"articleSection\":[\"PC\\\/LAPTOPS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\\\/\",\"url\":\"https:\\\/\\\/aviancetechnologies.com\\\/blog\\\/toshiba-completely-exits-laptop-market-sells-remaining-stake-to-sharp\\\/\",\"name\":\"Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp - 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