What's the situation with Toshiba officially exiting the laptop business? Why is Toshiba exiting the laptop business?

What's the situation with Toshiba officially exiting the laptop business? Why is Toshiba exiting the laptop business? Toshiba officially exits notebook computer business, sells 80.1% stake to Sharp

It is reported that on Monday local time, Japan's Toshiba Corporation officially announced its withdrawal from the notebook computer business and transferred the remaining minority stake in its personal computer business to Sharp, thus ending its 35-year struggle in the personal computer field.

It is reported that two years ago, Toshiba sold 80.1% of its personal computer business, Toshiba Client Solutions Co., Ltd., to Sharp for US$36 million. Sharp then renamed the department Dynabook. Sharp exercised its right to buy the remaining 19.9% ​​in June, and Toshiba released a statement in early August saying the deal was complete.

As a result of the transfer, Dynabook became a wholly owned subsidiary of Sharp.