Japanese giant Toshiba has sold its latest stake in personal computer maker Dynabook.
This means that the company no longer has any connection to making PCs or laptops.
Sharp bought 80% of Toshiba’s personal computer arm in 2018 for $ 36 million (£ 27 million), and has now bought the remaining shares, Toshiba said in a statement.
Toshiba’s first laptop, the T1100, launched in 1985. It weighed 4 kg (8.8 pounds) and worked with 3.5 inch (8.8 cm) disks.
It was first launched in Europe alone with an annual sales target of 10,000 units, according to the Toshiba Science Museum website.
In 2011, Toshiba sold more than 17m PCs, but in 2017 this had dropped to 1.9m, Reuters reported at the time.
In 2016, it stopped making laptops for consumers for the European market, and focused only on hardware for companies.
The last few years have been difficult for the conglomerate: in 2015, the company posted a full-year loss of $ 318 million.
That same year, she fired her president and vice president after an independent panel found the company had its profits too high for the previous six years.
In 2019, it closed its nuclear company NuGen in the UK, after finding no buyer for it.