It weighed 4kg 8. It was launched at first only in Europe with an annual sales target of 10, units, according to the Toshiba Science Museum website. In Toshiba sold more than 17m PCs but by this had fallen to 1.
In , it had ceased making consumer laptops for the European market, focusing only on hardware for businesses. That same year its president and vice-president resigned after an independent panel found the company had overstated its profits for the previous six years. In , it wound up its nuclear business NuGen in the UK after failing to find a buyer for it. Comics Music. Filed under: Tech Laptops.
Toshiba is officially out of the laptop business. Share this story Share this on Facebook Share this on Twitter Share All sharing options Share All sharing options for: Toshiba is officially out of the laptop business. Linkedin Reddit Pocket Flipboard Email. Next Up In Tech. Sign up for the newsletter Verge Deals Subscribe to get the best Verge-approved tech deals of the week.
Just one more thing! Please confirm your subscription to Verge Deals via the verification email we just sent you. Email required. Toshiba had no expertise in the area, but at the time, the industry seemed poised to boom. After that, Japan closed nearly all of its nuclear reactors, and other countries shunned further investment in nuclear power.
Those projects, Westinghouse later discovered, proved even more expensive than it imagined. Saddled with debt and unable to complete its contracted projects in the US, Westinghouse itself filed for bankruptcy in March. The fallout has caused the company to consider selling its NAND flash business—its only division with reasonable prospects for survival —and has led it to spar with auditors and delay posting results for its just-ended fiscal year. Sony exited the PC business in , slashed its mobile phone business drastically, and is reportedly mulling a sale of its entertainment unit.
Its most profitable business is now selling life insurance. Even Nintendo appeared on the brink of disappearance before Pokemon Go came along. For Japan, more destruction is necessary before a revival can take place. A generation of complacent salarymen must retire, and companies must die. By providing your email, you agree to the Quartz Privacy Policy. Skip to navigation Skip to content. Discover Membership. Editions Quartz. More from Quartz About Quartz. Follow Quartz.
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