Toshiba is completely exiting the notebook market. In 2018, however, the Japanese had already assigned large parts (80.1%) of their laptop business to Sharp. Dynabook was called the new subsidiary. Toshiba still held 19.9% of the shares in the end. But now those are also migrating to Sharp.
There doesn’t seem to be a lot of sentimentality at Toshiba, because the press release, which has been lost, is limited to the bare minimum. Sharp has exercised the granted right to buy the outstanding Dynabook shares from Toshiba. That already happened at the end of June and now the deal is coming to an end. Dynabook is now a wholly-owned subsidiary of Sharp.
Toshiba had offered PCs for three decades and is now saying goodbye silently. That is rather surprising because the manufacturer brought an IBM-compatible laptop onto the market in 1985 with the T1100 and gave the industry a lot of impetuses at the time. Toshiba was one of the major PC manufacturers in the 1990s and early 2000s. Then one gradually lost ground and let the competitors from Dell, HP, Lenovo, and Co. pass by.