Friday, 8 June 2018
Toshiba bites the bullet
At the same time three years ago that Toshiba's pioneering laptops fell victim to financial mismanagement, Sharp (from propelling pencils to electronic typewriters) was in similar ordure. Sharp, now owned by Taiwan's Foxconn, managed to turn itself round. Toshiba continued to flounder in spite of a hand-out from the Japanese government and has now finally ceded the laptop business to Sharp.