Toshiba Exits PC Business, Post-PC Era Claims Another Victim

Toshiba has given up its remaining share in its PC business to Sharp. According to the company’s press release, the former titan of the PC industry has transferred its 19.9% stake of Dynabook Inc. To Sharp Corporation.

In June 2018, under the share purchase agreement, Toshiba sold 80.1% of its stake in its Toshiba Client Solutions Co.,Ltd, which was its wholy owned personal PC arm, to Sharp. Subsequently, the acquired divison was renamed to Dynabook Inc.

The latest sell off, cements Toshiba’s intentions of leaving the PC industry. It’s a sad but unsurprising outcome for a company that was a powerhouse in the 1990s and early 2000s. Its product portfolio encompassed a wide variety of laptops and PCs.

As a former Toshiba fanboy, my love affair with the brand spanned an entire decade. Having used the Satellites, Tecras and ultrabooks, I can confidently say that, they were worthy companions, dependable till the end.

The PC business is a ruthless one. The razor thin profit margins and ever shrinking market share, has forced several manufacturers out of the business. Toshiba is only the most recent casualty in what can be considered a dying business. Post-PC devices like the Samsung Tab S7+ and plethora of iPads have accelerated rhe the problem.