Toshiba laptops could be a thing of the past | HT Tech

Toshiba laptops could be a thing of the past

The Japanese tech major to try and merge PC business in an effort to rid itself of loss-making divisions.

By: HT CORRESPONDENT
| Updated on: Dec 04 2015, 17:42 IST
image caption
There is a speculation that Sony’s PC unit Vaio, currently controlled by an investment fund, might join Fujitsu and Toshiba’s PC unit to form a singular entity although no confirmation was received from Vaio (Toshiba)

Toshiba-branded laptops may soon cease to exist as the Japanese technology major, which has already stopped production of desktop computers, may soon sell of its PC business (under which it produces laptops) or merge it with other companies.

According to a WSJ report quoting sources, the company is proposing a merger or a sell off to rid itself of unprofitable units after an accounting scandal earlier this year which forced the top management to resign. The company later admitted that it had illegally inflated reported profits at several business units for several years.

You may be interested in

MobilesTablets Laptops
28% OFF
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
Vivo X100 Pro 5G
  • Asteroid Black
  • 16 GB RAM
  • 512 GB Storage
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage

Toshiba, which might sell part of its semiconductor business to Sony Corporation, as per sources is already in talks with companies like Fujitsu and other non-Japanese manufactures to shed its PC business. Earlier, Fujitsu also said that it wanted to spin off its PC business, but it has not arrived at a concrete decision.

Also read
Looking for a smartphone? To check mobile finder click here.

In addition, there is a speculation that Sony's PC unit Vaio, currently controlled by an investment fund, might join Fujitsu and Toshiba's PC unit to form a singular entity although no confirmation was received from Vaio. Recently, most Japanese electronics companies have largely exited the PC market, once lucrative business area for them. Hitachi and Sharp has quit the business but NEC continues to have a minority stake in its joint company with Lenovo Group and Panasonic which focuses on enterprise customers.

According to research firm Euromonitor, Toshiba has a 2.3% share in the global market for laptop computers and tablets, while Apple Inc. has 21.1% and Samsung Electronics has 13.2%.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 04 Dec, 17:03 IST
NEXT ARTICLE BEGINS