Two years ago, Toshiba sold 80 percent of its shares in Dynabook Inc., the laptop computing subsidiary of the company, to another Japanese tech company, Sharp. On Aug. 4 of this year, Toshiba transferred the remaining 19.9 percent to Sharp, making Dynabook “a wholly-owned subsidiary of Sharp” according to a press release.
Toshiba launched its first personal laptop in 1985, and remained a steady contender in the field through the early 2000s. However, improvements in the competition left the company in trouble and eventually led to a shift in focus from consumer products to business hardware. Fortunately for fans of Toshiba televisions, Digital Trends reports that that aspect of their business is still going strong.
